There are several types of company available for registration in the Isle of Man. 'Managed and controlled' is generally interpreted as being the place where the board of directors meets, although this is not always conclusive. The Isle of Man is a self-governing island with a diverse and stable economy. Home; Companies Registry. Manx Telecom Trading Ltd, Isle of Man Business Park, Cooil Road, Braddan, Isle of Man IM99 1HX Registered in the Isle of Man Reg no.5629V VAT Reg no GB 003-2919-12 The Isle of Man Ship Registry offers the following advantages that together make up a unique package: Political and Financial stability - the Isle of Man has a long history of a political stability and is an OECD ‘white-listed’ jurisdiction Mortgage Registration - providing flexibility and security of … By renewing your company this ensures that it is kept in Good Standing with the authorities in the Isle of Man. In this connection it incorporates or registers: Companies Registry's functions also require it to: Existing Access to Government Information, Department of Economic Development Strategic Review, Data protection & GDPR on the Isle of Man, Industrial societies under the Industrial & Building Societies Acts 1892 to 1979, Limited partnerships under the Partnership Act 1909, Business names under the Registration of Business Names Acts 1918 & 1954, Companies in terms of the Companies Acts 1931 to 2004, Foreign companies in terms of the Foreign Companies Act 2014, Repealed August 2014 - Foreign Companies in terms of Part XI of the Companies Act 1931, LLCs in terms of the Limited Liability Companies Act 1996. must be located in Singapore and may be an individual or a company. Type in the name, or part of the name of a regulated entity and click “search”. Additionally, the Isle of Man has a complete supportive business ecosystem. The Isle of Man government believes that engaging with its stakeholders is a way to create a thriving business environment for all to succeed. Worry not, the Isle of Man has extensive broadband connection throughout the island. Setting up a company in the Isle of Man is a very attractive option for international entrepreneurs looking to reduce the taxes incurred by their business. With a low-income tax rate to zero per cent corporate tax rate for several sectors, entrepreneurs are eyeing this island for possible business ventures. As a business person, it is essential to stay connected at all times. Details of regulated financial services activities in the Isle of Man are set out in the Regulated Activities Order 2011 (amended 2013, … The Isle of Man offers its magnificent natural environment even for the nature shy. The Isle of Man’s Beneficial Ownership Act takes effect from 21 June 2017. You can also check for previous names by using the Companies Registry Public View site. A company that is incorporated elsewhere will be considered resident in the Isle of Man if it is 'managed and controlled' in the Isle of Man, and will be taxed on its worldwide income accordingly. Unit No. We will assume you are fine with this. 20-01, 20-02, 20-03, Level 20, Menara Centara. Companies Registry maintains the register and records of all companies and other business types incorporated in the Isle of Man, and provides a facility for the public to view documents which have been filed. An annual return must be filed showing details of the directors (but not shareholders on a 2006 Act company). The Isle of Man is a high-reputable international finance and international business center due to its political stability, business-friendly policies and an attractive fiscal and regulatory environment. Moreover, the Isle of Man company registration process is a straightforward one. If you need a quick getaway to cities close by, get on the regular flights serving the Isle of Man to towns in the UK. The Companies Registry consists of eight distinct registries, each with their own legislation, fees and statutory filing obligations. #2 There's a wealth of opportunity The Island has a wealth of opportunity across a variety of sectors and is recognised internationally as a hub for financial and … The Companies Registry consists of eight distinct registries, each with their own legislation, fees and statutory filing obligations. The formation of an Isle of Man company can be as quick as one hour (additional charge) once the company name approval has been applied for and received from the Companies Registry. Corporations are allowed to have a main office address anywhere in the world. Isle of Man companies pay 0% corporation tax, are straightforward and reasonably cheap to form and have historically been used extensively in global tax planning most especially by the English and Irish. A BBC investigation has uncovered questions over whether Iranian ships have been registered in the Isle of Man to evade international sanctions. 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