ISLE OF MAN COMPANY FORMATION

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Isle of Man company formation – secure jurisdiction and preserved reputation.

Company types:

  • Resident LLC (Private Limited Company)
  • New Manx Vehicle (NMV) Limited Partnership
  • Hybrid Company (Private Limited by Guarantee and having a Share Capital)

Time of Isle of Man company formation takes from 2 hours to 3 days.

Personal presence is not required.

The cost of Isle of Man company formation

Isle of Man LLC (Private Limited Company):

Basic Package 2500 USD

More packages available

What we can do for you

  • We do all paperwork on forming the company in Isle of Man
  • Formation is completely remote
  • Can act as Secretary or Treasury
  • Provide nominee Directors/Shareholders
  • Assist with opening a bank account
  • Registration for Taxes, VAT & EORI
  • Develop a website for your business
  • Create a logo of your brand

How we can assist you further

  • Provide with full company administration services
  • Arrange a mailing address for your business
  • Arrange a virtual office for your company
  • Telephone answering service
  • Book keeping, audit & reporting
  • Preparing and submitting VAT return
  • Dealing with local authority
  • Trademark registration

Isle of Man Company Formation. Isle of Man Offshore Company. Isle of Man LLC (Private Limited Company)

 Main Characteristics and the basic rules of Company registration in Isle of Man

Isle of Man Company Formation Financial Advantages
Taxation: 0-10% (dependent on company time)
Double Taxation Treaty Access: Yes Treaty Access (UK)
Isle of Man Tax Information Exchange Agreements: Yes, Isle of Man signs Exchange Agreements
Account Filing Requirements: No accounting / reporting requirements (but need be attainable for inspection)
Annual Return Filing Requirements: Yes
Audit Requirements: No audit required.
Isle of Man Company Formation Registration Requirements
Share Capital: GBP 2,000 Minimum paid up share capital GBP 1(does not apply for LLC and LP companies)
Classes of Share Available for Isle of Man company formation: formation: Shares with or without voting rights, redeemable shares, registered shares, preference shares(does not apply for LLC and LP companies)
Bearer Shares: Not Allowed
Registered Office Required: Yes required and must be maintained in Isle of Man
Shareholders: Minimum number is one(does not apply for LLC and LP companies, but min members is two)
Directors: Minimum number is one or two. (dependent on type of company) Can be any nationality and need not be resident in Isle of Mann. Corporate directors are allowed.
Your Company language: English
Name of your Company must be ended: “Limited Liability Company” or LLC (for a LLC) “Corporation”/ Corp., “Limited”/Ltd, “Incorporated”/Inc. (for a NMV)”LP” (for a LP)”Limited”/Ltd (for a PLC or PL)
Documents required for Isle of Man company formation: A certified copy of your passport or ID and proof of your residential address dated less than 3 months.
Isle of Man Company Formation Restrictions
For Isle of Man company formation you cannot use words in your company names without justification: “Bank”, “Trustee Company”, “Assurance”, “Building Society”, ”Trust Company”, “Royal” etc.
Restrictions on Trading: None Not permitted without a licence: Fund management, insurance, Banking, reinsurance, assurance, trust management, collective investment schemes, trusteeship business provision.
Not permitted without a licence: Fund management, insurance, Banking, reinsurance, assurance, trust management, collective investment schemes, trusteeship business provision.
Isle of Man Company Formation Confidentiality and Security
Publicly Accessible Records: Yes, accessible
Nominee Shareholders and Nominee Directors: Yes, Allowed
Disclosure of Beneficial Ownership to Authorities: No
Meetings of Directors and Shareholders to be held: Anywhere
Stability: Secure jurisdiction and preserved reputation.
About Isle of Man Isle of Man Company Formation
Capital city: Douglas
Region: In the Irish Sea between England and Ireland
Political System: Parliamentary Democracy
Government: Constitutional Monarchy
Governing corporate legislation: The Limited Liability Companies Act 1996, The Companies Acts 1931 to 2004,The Companies Act 2006, The Partnership Act 1909,The Limited Partnership (Legal Personality) Act 2011
Type of Law: Common
Currency: Great British Pound (GBP)
Exchange Control: None.
Language of Legislation and Corporate Documents: English
Time Zone: GMT+0.

Our team of consultants are on hand to find out about your specific requirements and take you through the process from start to finish.