Start Your Offshore Company Formation

Interested in forming an offshore company?
Turn to the unrivalled expertise of A1 Global Formations.

  • Why choose a Isle Of Man Offshore Company Formation?

    Main features of Isle Of Man company registration

    • Zero corporation tax rate applies for most trading companies (except banking, and land and property income from IOM sources).
    • No exchange control restrictions
    • Popular as a place for e-commerce businesses to relocate to due to its sound telecoms infrastructure and 100% broadband coverage.
    • Political and economic stability
    • Long established legal system
    • Currency is Pound Sterling
    • Sophisticated banking system
    • The Isle of Man is on the OECD ‘white list’ and has implemented numerous exchange of information agreements.
    • Reliable sea and air communications with the United Kingdom
    • Excellent telecommunications services

    Isle Of Man offshore company formation, nominees, bank accounts and mail forwarding

    As specialists in Isle Of Man offshore company formations, whether you’re looking for a simple offshore company registration or a complex structure (including offshore Trusts), A1 Global Formations can help. We also provide a comprehensive range of admin services for Isle Of Man companies, including the provision of nominee director, nominee shareholder, bank account services and mail forwarding.

    Our expert Isle Of Man company formation and company registration team has established affiliations with local Isle Of Man company agents and extensive knowledge of the legal requirements for company formation in Isle Of Man. We also guarantee that all company filing documents and fees are up-to-date and will notify you of any compliance changes in Isle Of Man.

    If you require us to take over the management of your existing Isle Of Man offshore company, we can usually do so at no extra cost.

    To speak to an expert Isle Of Man company formation/registration advisor, please call free

     

    +44 0208 371 2440

     

     

    Buy Online

    Isle of Man

    Year One Price £2,300.00

    Year Two Price £2,500.00

    What's Included in The Formation Price:

    • Certificate of Incorporation
    • Certified bound copy of the Memorandum and Articles of Association
    • Registered office and agent fee for the first year
    • Government fees for the first year
    • Company Secretarial Maintenance for first year
    • Issued Share Certificate
    • Register of Directors
    • Appointment of First Director
    • Consent letters etc
    • Company Share Register
    • Company Seal

    Additional Information for Isle of Man

    Background to Belize Company Registration

    TBC

    Isle of Man Offshore Companies and their Tax Liability

    Company Information

    An NMV can be incorporate, registered or continued under the Act as:

    • A company limited by shares
    • A company limited by guarantee
    • A company limited by shares and by guarantee
    • An unlimited company without shares; or
    • An unlimited company with shares

    Procedure to Incorporate

    Submission of Memorandum and Articles of Association and advice of the situation of the Registered Office and Licensed Registered Agent.

    Registered Office & Agent

    NMV Companies must maintain a registered office and agent in the Isle of Man.

    Time to Incorporate

    One to five days, subject to name approval.

    Classes of Shares Permitted

    The Act provides that shares in Companies may (without limitation):

    • Be convertible, common ordinary;
    • Be redeemable at the option of the shareholder or the company or either of them;
    • Confer preferential rights to distributions;
    • Confer special, limited or conditional rights, including voting rights;
    • Entitle participation only in certain assets.

    In additional, subject to any contrary provisions in a company’s memorandum or articles of association, a NMV is able to:

    • Issue bonus shares and nil or partly paid shares;
    • Issue shares with or without a par value;
    • Issue shares in any currency (if the shares have a par value)
    • Issue shares numbered or unnumbered; and/or
    • Issue fractional shares.

    As with 1931 Act Companies, bearer shares are not permitted.

    Taxation

    With effect from 6th April, 2006 Private Limited Companies normally pay income tax at 0% and there is no withholding tax on payments of dividends to shareholders.

    Companies that are in the business of banking, insurance or are connected with the business of Isle of man property pay corporation tax at a rate of 10% and a withholding tax at the same rate is imposed if the dividend is paid to a non resident individual or corporate body. NMV Companies pay an annual charge of £360.

    VAT

    NMV Companies may be registered for VAT purposes and the VAT prefix will be "GB", which is recognised in Europe.

    Directors

    The minimum number of directors is one, they may be of any nationality or residence. Bodies corporate may be eligible to act as a director if it, or another body corporation of which it is a subsidiary, is the holder of an appropriate licence issued by the Isle of Man Financial Supervision Commission under the Isle of Man Fiduciary Services Acts 2000 or permitted to act as a corporate director by regulations made pursuant to the Act.

    Shareholders/Members

    The minimum number of shareholders is one.

    Company Secretary

    Is not required.

    CORPORATE INFORMATION

    GENERAL

    Type of entity Limited
    Type of law Common
    Shelf company availability Yes
    Our time to establish a new company 1-5 days
    Minimum government fees £360
    Corporate Taxation 0% - 10% (see notes)
    Double taxation treaty access Only UK

    COMPANY TYPE

    Standard currency Any
    Permitted currencies Any
    Company Limited by Shares
    Company Limited by Guarantee
    Company Limited by Shares and Guarantee
    Unlimited company without Shares
    Unlimited company with Shares

    DIRECTORS AND OFFICIALS

    Minimum number of Directors 1
    Requirement for local Director No
    Requirement for Company Secretary Optional
    Location of meetings Anywhere

    REGISTERED MEMBERS

    Minimum number 1
    Publicly accessible records Optional
    Location of meetings Anywhere

    LOCAL LICENSED REGISTERED AGENT

    Required Yes

    ACCOUNTS

    Requirement to prepare Yes
    Requirement to file accounts No, save in relation to taxation
    Publicly accessible accounts No

    OTHER

    Requirement to file annual return Yes
    Change in domicile permitted Yes

    *A company can voluntarily elect to file a copy of its register of directors with the Registrar of Companies. However the Annual Return, once filed, contains director's information and is publicly accessible.

    Buy Online

    Isle of Man

    Year One Price £2,300.00

    Year Two Price £2,500.00

    Buy Online

    Isle of Man

    Year One Price £2,300.00

    Year Two Price £2,500.00