Company Registration In Isle Of Man
                     
Company Registration In 
Isle Of Man
Where is Isle Of Man?
 The Isle of Man is a small island in the 
Irish Sea, located between Great 
Britain and Ireland.
 It is a British Crown dependency and 
the UK government are constitutionally 
responsible for its defense and 
international representations.
 However, is not part of the United 
Kingdom or the European Union.

Incorporation in Isle Of Man
 It has 0% corporate income tax.
 Its business and trade laws are well-
regulated.
 It has become a hub for offshore banking 
and manufacturing.
 Tourism is also a key sector of its economy.
 Incorporation in the country is simple, not 
involving much lengthy and hectic 
procedures.
Features of Incorporation
 It is not a member of EU, 
but has associate status. EU 
Associate 
 Allows free trade with the Status
rest of the European 
Community. Provides Free Trade 
EU VAT no. with Features European 
 Ideal to register a trading with tax exemption Community
company that requires a 
genuine EU VAT number but 
which also wants full Common Law 
Jurisdiction
corporate tax exemption.
 The Isle of Man is a 
‘Common Law’ jurisdiction.
One director, 
one 
shareholder
A Bank Choosing a 
Account Company Name
Require
No minimum Directors/ 
capital - ments Shareholder
require- s may not 
ment attend live meetings
Bank Registered 
reference address and 
letters a resident agent
Requirements for 
Incorporation
 One director and one shareholder.
 Choose a valid company name.
 No minimum capital requirement.
 No requirement for directors or 
shareholders to attend meetings in the Isle 
of Man.
 A registered address and agent based in 
the Isle of Man.
 Open a bank account.
 Bank reference letters for directors and 
shareholders.
Limited By 
Shares
Limited by 
Limited by Guarantee 
Guarantee Types Of and having a share 
Companies capital
In Isle Of 
Man
Public Unlimited 
Limited Liability 
Company Company

Types Of Companies in 
Detail
 Limited by Shares: The most popular 
type of trading company formed today 
with the liability of its members limited to 
the amount unpaid on shares they hold.
 Limited by Guarantee: Companies 
limited by guarantee have no 
predetermined capital and thus no shares. 
Members’ liability is limited to the amount 
they have agreed to contribute to the 
company’s assets if it is wound up.

Advantages Of Starting A 
Company In Isle Of Man
 Easy incorporation: Offshore company formation in 
the Isle of Man is simple and fast.
 Low taxation: There is a zero corporate income tax 
for many types of activities; an important advantage 
for many investors who wish to also be closely 
located to the UK or the rest of Europe.
 Infrastructure: The Isle of Man may be small, 
however, it offers great connectivity and has good 
power and telecom infrastructure.  
 Business environment: The Isle of Man welcomes 
foreign investors and has maintained a successful 
business and investment space by making its laws 
simple and efficient.
Procedure of 
Incorporation
1. Name at least one shareholder. The 
maximum limit is 50.
2. After that register an agent, who is a 
resident of the Isle of Man for the 
company.
3. Choose an office, and forward the 
address to the authorities.
4. Prepare the memorandum and articles 
of association.
5. Choose a Director for your association.
...contd.
6. Submit the documents to the Isle of 
Man Companies Registry.
7. The company is incorporated within 48 
hours of document submission.
8. Apply for opening of corporate bank 
account.
9. Apply for tax registrations and various 
business permits.


Conclusion
Therefore, Isle Of Man can be called a 
full package for all those who wish to 
invest in Europe and save a lot of 
money. The 0% corporate tax rates, 
and the laws, supportive for the 
companies are a great up for all the 
investors.