
Company Formation in Isle of Man
Europe
Overview
The Isle of Man is a self-governing British Crown Dependency renowned for its political stability, robust legal framework, and sophisticated financial services sector. It offers a favorable tax regime and is particularly attractive for maritime and aviation companies, providing a well-regulated environment for international business.
Our Process
Step 1: Choose Company Type & Name
Select the most suitable legal form for your business (e.g., PLC, LLC) and reserve your unique company name.
Step 2: Document Preparation & Filing
Prepare all necessary incorporation documents, including shareholder and director details, and submit them to the Isle of Man Companies Registry.
Step 3: Registration & Compliance Setup
Upon successful registration, ensure your company is set up to comply with local regulations, including economic substance requirements.
Step 4: Bank Account Opening
Facilitate the opening of a corporate bank account with a local or international bank.
Key Requirements
- Minimum 1 shareholder
- Minimum 1 director (number varies by company type)
- Company secretary (required for certain company types like PLC, Hybrid Company)
- Registered local address
- Compliance with Economic Substance rules
- KYC on all principals/beneficial owners
- Annual tax declaration