Mr. Thomas Hunter McGowan:

One of the advantages for companies is that there is a low sunk cost. A company can almost operate from one jurisdiction in the other jurisdiction. However, where there are variations, whether in labour law, VAT or whatever, we provide innovation vouchers to help companies get the legal advice they need so they can decide whether to set up an office in the other jurisdiction or be registered for VAT in the other jurisdiction depending on what is most beneficial to them. The advice can help to point out the differences in labour law or the minimum wage or whatever the various elements. Companies are aware that different rules and regulations are in place and this has not presented as a problem for us. They have found our intervention beneficial. We give a small voucher but the advice we get is excellent as well because the people we use as advisers are expert in all these areas. The initiative has been useful for companies and, to date anyway, it has not presented as an issue for us.