Description
The Isle of Man is a self-administering British Crown reliance in the Irish Sea among England and Ireland. It’s known for its rough coastline, middle-age palaces and country scene, ascending to a hilly focus. In the capital, Douglas, the Manx Museum follows the island’s Celtic and Viking legacy. The Isle of Man TT is a significant yearly cross-country cruiser race around the island.
GENERAL:
- Type of entity: Private company
- Type of law: Common
- Shelf company availability: Yes
- Minimum government fees (ex tax): GBP 250
- Corporate taxation: 0-10%
- Double taxation treaty access Only: UK
SHARE CAPITAL OR EQUIVALENT:
- Standard currency: GBP
- Permitted currency: Any
- Minimum paid-up: GBP 1
- Usual authorised: GBP 2,000
DIRECTORS OR MANAGERS:
- Minimum number: 2
- Local required: No
- Publicly accessible records: Yes
- Location of meetings: Anywhere
COMPANY SECRETARY:
- Required: Yes
- Local or qualified: Yes
MEMBERS:
- Minimum number: 1
- Local required: No
- Publicly accessible records: Yes
- Location of meetings: Anywhere
ACCOUNTS:
- Requirement to prepare: Yes
- Audit requirements: Yes
- Requirement to file accounts: Yes
- Publicly accessible accounts: No
OTHER:
- Requirement to file annual return: Yes
- Change in domicile permitted: Yes