Company Formation in the Isle of Man
Company registration in the Isle of Man is fast and simple, meeting all your business goals.
- 0% corporate income and dividends tax rates
- Possibility to have a nominee director
- Set-up in less than a week
- Non-blacklisted offshore financial center
Cost of a Company Registration in the Isle of Man
Choose a package that you would like to receive more information on.
Consulting team dedicated into advising the best suitable jurisdiction for your project.
+44 20 4577 0974
Corporate finance specialist and expert about FinTech regulations worldwide.
+44 20 4577 0974
Request information on companies in the Isle of Man: cost, process and requirements.
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Initial consultation
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Turnkey Company Formation
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Company contact person
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Registered legal company address for 1 year
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Remote incorporation
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Notary Services
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Company Secretary
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Nominee Shareholder
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Nominee director
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Accounting for 1 year
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Long-term POA
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Additional legal support
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Corporate Account
Turnkey company formation, Everything you need to get off the ground. Start now!
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Initial consultation
-
Turnkey Company Formation
-
Company contact person
-
Registered legal company address for 1 year
-
Remote incorporation
-
Notary Services
-
Company Secretary
-
Nominee Shareholder
-
Nominee director
-
Accounting for 1 year
-
Long-term POA
-
Additional legal support
-
Corporate Account
Full turnkey company formation and support in all necessary aspects. Customized pricing!
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Initial consultation
-
Turnkey Company Formation
-
Company contact person
-
Registered legal company address for 1 year
-
Remote incorporation
-
Notary Services
-
Company Secretary
-
Nominee Shareholder
-
Nominee director
-
Accounting for 1 year
-
Long-term POA
-
Additional legal support
-
Corporate Account
What our clients said after successful projects
LegalBison helped us navigate a space that’s often uncertain and complex, which gave us the confidence to move forward with our project.
Quick set-up and straightforward process. It was a smooth process, we are happy to have chosen LegalBison as our Partner for incorporations, globally.
Very proactive, responsive, and able to provide solutions and advice. The firm is familiar with the new industry of blockchain and cryptocurrency
The team of LegalBison was very helpful and fast in supporting my company’s structural set up. They are undoubtedly top-level experts when it comes to licensing and registrations in the crypto and web3 industry. Highly recommend!
LegalBison excels at adapting to challenges and demonstrates a perfect understanding of our business needs.
Best company for Crypto Licenses! Kudos to the team for making the incorporation of our company really smooth
Incorporation Assistance in Isle of Man - Free Consultation
Full assistance in registering a company in the Isle of Man. Documents, procedures and assistance in opening a bank account. Contact us for a personalized quote.
Getting started with company registration in the Isle of Man
Find out all the necessary information about the Isle of Man company formation cost and the benefits for your company. Discover why the Isle of Man is a popular jurisdiction and how it may help your business to reach another level. Additional information on demand, directly with our team of experienced consultants.
- Timeline
- Duration
- Remote incorporation
- Required Information
- Documents
Procedure to prepare the registration of a company in the Isle of Man
The company registration process in the Isle of Man is very simple. The experts of LegalBison will assist you throughout every step of it:
- Initial consultation and agreement;
- Payment of the full invoice;
- [IF REMOTELY]: Notarization of POA by client;
- Preparation of registration documents;
- Document signed at the notary;
- Official register validity: immediately.
How long does it take to form a company in the Isle of Man?
The company formation in the Isle of Man is exceptionally fast if you have the support of a reliable legal partner.
2-5 working days are enough for the whole process to take place remotely.
Can I form a company in the Isle of Man remotely?
The whole incorporation process can be conducted remotely, no travel is necessary. At the same time, the notarization of documents is mandatory.
- A Power of Attorney (POA) from (all) partners is needed;
- The POA is sent to you by us based on the services you want;
- You have to certify the POA by a notary and in some cases legalize it by apostille (some countries need full legalization);
- Once you have the POA on your hands, we double-check, and you send us the original form (physical document!) via courier to our address;
- The Isle of Man being a territory under Great Britain's sovereignty, it is therefore part of the Hague Convention of the Apostille.
Necessary information to begin with company formation in the Isle of Man
- 3 options of your desired name for the company and a company contact email address;
- Names, addresses, and emails of all shareholders and board members;
- Short description of your company’s activity.
Required documents to provide to register a company in the Isle of Man
- Passport copies (scans) of all individuals above and a beneficiary owner if applicable;
- A Power of Attorney (in case of a remote company registration);
- Certified company documents (in case at least one of the shareholders is going to be a foreign company).
Alternatives to company formation in the Isle of Man
Our team has curated the following jurisdictions as being worthy alternatives to a company registered in the Isle of Man.
Company Formation in Canada LP
from 1.600 €-
Tax-free structure
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Prestigious jurisdiction
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No filing of any kind
Company Formation in Great Britain LLP
from 1.350 €-
Tax free
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Quick and easy to set-up
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A prestigious jurisdiction
Company Formation in Ireland LP
from 1.160 €-
No income taxes
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No accounting and reporting
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Quick and easy to incorporate
Company Formation in Jersey
on request-
0% Tax
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One-person venture allowed
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High stability
Company Formation in Scotland LP
from 1.550 €-
0% Tax
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Has a legal personality
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No filing
Things to know before registering your company in the Isle of Man
Taxation of companies in the Isle of Man
The corporate income tax rate is 0% for both resident and non-resident companies.
A rate of 10% applies to banking and local retail companies. A rate of 20% applies to real estate income from the Isle of Man.
DTAA signed by the Isle of Man for companies
Many countries have bilateral conventions to avoid double taxation and prevent fiscal evasion.
Among them are Australia, Bahrain, Belgium, Denmark, Estonia, Faroe Islands, Finland, Greenland, Guernsey, Iceland, Ireland, Jersey, Luxembourg, Malta, New Zealand, Norway, Poland, Qatar, Seychelles, Singapore, Slovenia, Sweden, and the United Kingdom.
Accounting and audit requirements for a company in the Isle of Man
- Companies registered in the Isle of Man are liable to produce an annual return;
- All registered companies have 1 month after the conclusion of their accounting period to file their return to the Isle of Man Companies Registry;
- Failure to do so may result in penalties up to the striking off of the company.
Economic substance and residency requirements for companies in the Isle of Man
An Isle of Man company must have a registered office in the Isle of Man and anyone providing a registered office by way of business should be regulated by the Financial Services Authority (‘FSA’).
There are no residency obligations for company directors. Nominee directors are allowed and available in the Isle of Man.
LegalBison offers help with all of the requirements listed here. We assist and are local on the ground. Speak with one of our consultants for free to start the Isle of Man company formation process right now.
- Taxes in the Isle of Man
- Double Tax Treaties
- Accounting and audit requirements
- Residency requirements for company holders
Taxation of companies in the Isle of Man
The corporate income tax rate is 0% for both resident and non-resident companies.
A rate of 10% applies to banking and local retail companies. A rate of 20% applies to real estate income from the Isle of Man.
DTAA signed by the Isle of Man for companies
Many countries have bilateral conventions to avoid double taxation and prevent fiscal evasion.
Among them are Australia, Bahrain, Belgium, Denmark, Estonia, Faroe Islands, Finland, Greenland, Guernsey, Iceland, Ireland, Jersey, Luxembourg, Malta, New Zealand, Norway, Poland, Qatar, Seychelles, Singapore, Slovenia, Sweden, and the United Kingdom.
Accounting and audit requirements for a company in the Isle of Man
- Companies registered in the Isle of Man are liable to produce an annual return;
- All registered companies have 1 month after the conclusion of their accounting period to file their return to the Isle of Man Companies Registry;
- Failure to do so may result in penalties up to the striking off of the company.
Economic substance and residency requirements for companies in the Isle of Man
An Isle of Man company must have a registered office in the Isle of Man and anyone providing a registered office by way of business should be regulated by the Financial Services Authority (‘FSA’).
There are no residency obligations for company directors. Nominee directors are allowed and available in the Isle of Man.
LegalBison offers help with all of the requirements listed here. We assist and are local on the ground. Speak with one of our consultants for free to start the Isle of Man company formation process right now.
About company registration in the Isle of Man
Absolutely. Regardless of your citizenship or current place of residence, you can form your own company in the Isle of Man in a matter of a week. Get in touch with our experts for further guidance.
The taxation of dividends in the Isle of Man is 0%.
Every company registered in the Isle of Man is liable to file yearly accounts to the Companies Registry. This is a matter of compliance only as most businesses benefit from a 0% corporate income tax.
Depending on your objective and your business model, another jurisdiction might fit better. The best way to determine if the Isle of Man is the best place for your business is to get in touch with our experts.
Contact Us
Request more information about incorporation in the Isle of Man: cost, timeframe, and advantages for your business project.
Contact us for a free consultation with a dedicated expert.
Consulting team dedicated into advising the best suitable jurisdiction for your project.
Corporate finance specialist and expert about FinTech regulations worldwide.
