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Isle Of Man Celebrates Expansion Of Local Digital Firm

by Mike Godfrey, Lowtax.net, Washington
08 April, 2014

The Isle of Man's Chief Minister Allan Bell, speaking at a launch party last week, welcomed the opening of a new office in Scotland of local software firm PDMS.

The Chief Minister stated that PDMS are a valued partner of the Isle of Man Government, and praised the expansion of a local company into foreign markets.

PDMS is the island's largest software company employing sixty people, after having grown from a two-person start-up in 1993. PDMS's expansion into Scotland will create twenty new jobs over the next four years. PDMS's growth is a success story for the Vision 2020 strategy, which cites the Information and Communication Technology (ICT) sector as a central pillar, backed by the island's zero-ten corporate tax regime.

Bell highlighted that this recent expansion demonstrates the success of the island's Vision 2020 strategy, the latest of the island's on-going economic diversification programs. He said the company's expansion would boost the Isle of Man's digital sector, create jobs, and boost digital cooperation between the Isle of Man and the United Kingdom.

The company's Managing Director, Chris Gledhill, said: "PDMS's working relationship with the Isle of Man Government is based on a long term partnership in support of a distinctive and forward thinking jurisdiction. We look forward to making a similar contribution to the Scottish economy, again based on innovation and collaboration, to support the unique character of Scottish public services and business."

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