The Isle of Man: low taxes

Company Express offers Isle of Man incorporation services. The Isle of Man is the British crown dependency in the Irish Sea. It is a self-governing territory with the oldest continuous parliament in the world, called Tynwald.

Advantages of the Isle of Man incorporation

No currency control
Various legal business structures
Skilled workforce
High tradition of confidentiality
Nominal service is available
Corporate directors permitted
No audit requirements
Free change of legal address of the company

Company Type

Resident limited liability company (resident LLC)
Private limited company
New Manx Vehicle (NMV)
Limited Partnership
Hybrid Company

What documents will you receive upon registration of a private limited company?

Certificate of Incorporation
Memorandum and Articles of Association
Minutes of the First Meeting
Share Certificate
Resolution to issue shares
Consent to act as director
Registers of directors and shareholders

If using nominee services you will also receive:

Power of Attorney
Resolution to issue Power of Attorney
Declaration of Trust

Taxation and statutory requirements at a glance

Taxation

Resident LLC and limited partnerships are not subject to taxation on the Isle of Man on condition that the founders/partners are not local residents and that these entities do not do business on the island.

Private limited companies and hybrid companies are free from taxation providing that these companies do not have any source of income on the territory of the Isle of Man.

A New Manx Vehicle pays corporate tax at the rate of 10%.

Accounting and filing requirements

Keeping accounting records is obligatory. There are no filing requirements as such, but all company documentation and accounting records must be stored in the registered office and be filed if requested.

Please do not hesitate to contact us if you are interested.
Please note that we will require personal information in order to complete registration.