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Isle of Man Offshore Company Formation

In the Irish Sea off the northwest coast of England. By virtue of its constitution, the Isle of Man has never been part of the UK although it does have close ties. Not a member of the EU and its parliament, named Tynwald, is autonomous and mirrors the structure of the United Kingdom parliament.

Country: Isle of Man
Population: 80,000
Capital: Douglas
Currency: Manx pound, pound sterling
Language: English

Isle of Man Offshore Company Formation £3700.00 + Vat
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Services Included Year 1 Year 2 onwards
Incorporation N/A
Corporate Structuring N/A
Government Filing & Due Diligence Fee £380
Corporate Domicile £1380
Director & Nominee Service Optional Extra (approx £1200) Optional Extra (approx £1200)
Estimated renewal costs in year two: £3,108.00

Details of Limited Company (Resident or Tax Exempt):

  • The number and residency of officers are subject to the company’s business activities – please enquire for further information.
  • A local registered office is required.
  • Minimum of one shareholder.
  • Requirement to file an annual return.

Please note that the information given on this page is subject to change at any time without notice as a consequence of changes made in local legislation.

Banks

A member of the banking team will be able to advise on the most suitable offshore bank account.

Turner Little and its affiliates do not provide tax, legal or accounting advice. Material on this page has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.