Isle of man company incorporation / formation

Isle of Man companies are straight forward with minimum filing and statutory requirements

The companies used for international tax planning purposes can be

• Limited by shares
• Limited by guarantee
• Limited by shares and guarantee
• Unlimited without shares
• Unlimited with shares

Advantages

• Common law (case by case)
• English Language

Disadvantages

• Accounting records must be kept

Characteristics

• No need for authorised share capital or capital maintenance requirements
• Ability to transfer domicile, re-register, merger and consolidate
• Single director physical person from anywhere in the world and legal person if holds fiduciary license or authorised locally to act
• Singe shareholder, physical person
• Registered, locally licensed agent is required
• Registered address is required
• Applicable Law (2006 Companies Act and Isle of Man Companies Act 1931 -2004)

Incorporation Pack

• Incorporation Certificate
• Memorandum of Association

The Island (Wikipedia)