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Gibraltar Federation of Small Businesses

Coronavirus COVID-19

The GFSB is a non-profit organisation that exists to help small businesses in Gibraltar to start, grow and thrive. We represent the business community and pressure Government on our members behalf.

If you run or are starting a business in Gibraltar you should consider joining us.

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GFSB MEMBERS BENEFIT FROM:

Networking

NETWORKING

A key part of our service is offering our members excellent opportunities to network. With our regular speed networking events and our breakfast clubs, getting  your business known is easy.

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Advice & Support

ADVICE & SUPPORT

Starting and running a business can be challenging we are here to help you with practical advice and support to make sure that you have all the knowledge you need to give you the best chance of success.

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Discount System

DISCOUNT SCHEME

We have a growing discount scheme.

The goal is to aid companies to do business with each other at reduced rates.

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Events

EVENTS

We are continually holding events for our members. From our informative and interactive breakfast clubs to our training sessions. GFSB Events are a great place to network and grow your business contacts.

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CONFERENCE ROOM

For your business related meetings & training, get in touch today to rent now

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INNOVATION AWARDS

The GFSB Innovation Awards further promotes quality standards, business improvement, innovation and achievement for its members.

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TRAINING

We offer regular subsidised training on a large variety of topics.

Save 40-50% on regular costs of training in Gibraltar.

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YOUR VOICE

We represent Gibraltar businesses on many Boards, we apply pressure on the Government to try to get the best deals we can and can help you solve a great deal of business issues.

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LATEST NEWS

Government launches phase two of the One Stop Shop for Business

By | News

The Ministry for Business is pleased to announce that the Business Liaison Team’s One Stop Shop will commence face-to-face meetings with members of the public following the relaxation of COVID measures as from Monday 19th April 2021.

On 1st February 2021 HM Government of Gibraltar launched phase one of the One Stop Shop where the Business Liaison Team was available, via email, to provide support and guidance to individuals on the business start-up process.

The Government is now launching the second phase as COVID-19 restrictions have been relaxed. This phase includes the introduction of an appointment service with the Business Liaison Team. All paperwork required to start up a business will be provided during this meeting. This will do away with the need for individuals to visit all the different government departments to obtain the relevant documentation. Those interested in booking an appointment please call 200 59801.

Minister for Business, the Hon Vijay Daryanani MP said: “We have received very positive feedback since the One Stop Shop started assisting businesses via email. We now move onto the full commencement of the service. Our small businesses are the heartbeat of our economy and I want to help as many new ventures succeed. These are difficult times but our people have not lost the enthusiasm to start up with new projects demonstrating, once again, that the Gibraltarian entrepreneur will never give up”.

COVID & BEAT webpage update

By | News

Since early 2020 there have been many Government press statements and announcement. On this page, we have tried to condense all the information for you in one place to make running your business that little bit easier. Firstly, below you will find a flow chart we have produced explaining the BEAT measures the Government put in place during the COVID period. After the flow chart, we have given you the info from the chart in writing also. Below that we have listed links and other info that may also be helpful for you.

The Government and Public Health Gibraltar continue to update their websites as and when there are changes. Please visit their sites for the latest news.

https://www.gfsb.gi/benefits/advice/covid-19/

Government confirms increased Business Support Measures for February 2021

By | News

HM Government of Gibraltar is pleased to confirm that the BEAT support measures will continue for the month of February as announced by the Chief Minister in his press conference last week. The BEAT measures will comprise of the following measures;

  1. Businesses that have remained closed for the month of February by Government order (for example restaurant businesses that remain closed)
  2. Businesses that have been able to open in February but as a result of the ongoing restrictions on movement continue to require increased support (for example retail businesses)
  3. Businesses that have been open and are trading but require continuing support (all other participating businesses)

February BEAT grant payment

The BEAT grant scheme for February will be applied as follows:

  • Businesses that have remained closed in February by Government Order

These Businesses shall receive a BEAT grant payment on a 100% basis for February 2021 as they did in January 2021. These businesses are able to enjoy a waiver of PAYE on earnings up to £1,155 and a waiver of Social Insurance. This waiver applies to the February payroll that is payable mid-March. The PAYE waiver is limited to earnings of up to £1,155 per employee with the balance being taxed at the normal rate. The waiver continues to apply as it has done previously.

  • Businesses that have opened in February but as a result of the ongoing restrictions on movement continue to require increased support;

These retail businesses will receive a payment calculated on a 50% basis of their BEAT grant payment increased from the December grant of 30%, for the month of February only. These businesses will require to settle their PAYE and Social Insurance payments for February payroll in full, as normal.

  • Other businesses in receipt of BEAT Grant support;

All other businesses participating in the BEAT scheme that have not been ordered to close by Her Majesty’s Government of Gibraltar shall receive a BEAT grant payment that is calculated on a 30% basis, These businesses will require to settle their PAYE and Social Insurance payments for February payroll in full, as normal.

Making a BEAT grant claim for February
The BEAT grant payments for all participating businesses for the months of February are automatic and do not require any further action to be taken by participating businesses. As with previous BEAT payments, HMGoG will aim to make payments on or before the end of the month.

In addition to the above grant payments, businesses will also be entitled to the following support measures.

Rental discount scheme
Businesses that have been ordered to close for February 2021 will also have the benefit of the increased rental discount scheme continued for the month of February 2021. Private landlords are encouraged in the same manner and on the same terms and conditions as previously stated to also provide a 50% discount to their tenants for this month. It is intended that this discount will be reduced to 25% for the month of March 2021 after which the rental discount scheme is expected to be terminated. Government commercial tenants that have been ordered to close will receive a 100% discount for February 2021 and a 50% discount for March 2021.

Existing Measures
These measures complement the existing measures that have been made available to businesses throughout the pandemic, as announced by the Chief Minister’s Statement to Parliament on the 10 December 2020:

  1. The existing measures are as follows;
  2. BEAT payments;
  3. A 100% waiver of payment of rates for the wholesale, retail, hotel, bar & restaurant sectors for Q1 2021;
  4. For all other sectors an additional 25% early rates payment discount (except for supermarkets and pharmacies);
  5. A restriction on all rental and licence fee increases;
  6. A waiver of tables and chairs licences fees on Government owned premises and a 50% reduction on private sector premises;
  7. Continued import duty waiver scheme for businesses;
  8. 10% import duty on personal importations;
  9. Waiver of work permit and registration and administrative fees;
  10. Moratorium on Insolvency claims;
  11. Bank Guarantee Scheme to enable lending to Covid related distressed businesses;
  12. Self-isolation pay scheme for self-employed people who are directed to self-isolate; and
  13. Self-isolation pay scheme for employees who have exhausted all their statutory full day sick pay and who are directed to self-isolate.

Statements
The Minister for Business, Tourism, Transport and The Port, the Hon Vijay Daryanani, stated: “This support will be a welcome boost to the catering and retail sectors in what I hope is the last stage of restricted business before they ramp up their operations. We know that these are deeply challenging times for businesses, the lockdown may keep the virus at bay but it is also stifling traditional business. As a Government, we are preparing ourselves so that there is a customer base for these businesses to come back to. We have recently announced the arrival of two new airlines, Wizz Air and Eastern Airways, and we have also seen the announcement of a new route to Edinburgh. I am confident that as we emerge from this pandemic, the Government will continue to work hand in glove with the business community to continue Gibraltar’s success story.”

Further information
Any queries in connection with the BEAT grant scheme can be directed to beatcovidgrants@gibraltar.gov.gi. Any queries in connection with the self-isolation pay scheme can be directed to selfisolationpay@gibraltar.gov.gi.

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TESTIMONIALS

We have been members of the GFSB for several years now and find it a valuable membership for our business. Getting to use the training room facilities and all that they provide there is a great help for us in our business. The admin team are always very friendly and helpful to us if we have any questions. We particularly like the regular breakfast meetings and the speed networking events which allow us to meet other members and learn valuable information.

Brenda CubyBC Training

We have found the GFSB to be a very useful resource for obtaining local business advice, as well as networking opportunities. They have been instrumental in helping us to shape our business.

Paul JenningsRock IT

The GFSB networking events are of tremendous value to our business development strategy, having opened doors and provided very interesting leads from local companies, who have in turn shown a strong demand for our services. They have helped us both grow and further promote our local business and services to a wider corporate audience.

Brendan GoltElitech

“We are a new local business still in our first year of trading. We joined the GFSB following a recommendation from another member and we are very pleased that we did. It offers great value for money, the staff are friendly and helpful and the events they have organised thus far have provided excellent networking opportunities as well as helping us to gain valuable insight into various local industries.”

Jake JulianCityGuide
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