Incorporate in Isle Of Man

$4,600.00

Set up an Isle of Man company limited by shares

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.

Companies incorporated in the Isle of Man are subject to corporate income tax at a 0% rate. A 10% tax rate for companies engaged in the financial services business and Isle of Man’s property transactions.

Dividend distributions, royalties, and interests paid to non-Manx residents are subject to withholding tax at the rate of 0%.

The Isle of Man is a signatory to the Paris Convention on Patents and Trademarks, making the Isle of Man limited company an interesting vehicle to hold intellectual property.

The Isle of Man has also enacted legislation for businesses dealing with cryptocurrencies. The Designated Business (Registration and Oversight) Act 2015 regulates cryptocurrency businesses, such as exchanges, and requires them to register with the Isle of Man Financial Supervision Commission and comply with Anti-Money Laundering and Countering Terrorist Financing legislation and the Proceeds of Crime Act 2008.

The country has also a strong E-Gaming industry, due to its gaming license simple application process, low betting duties, its extensive cluster of services providers/advisors with experience in the industry and its supportive legislation.

All in all, an Isle of Man company is an excellent vehicle for movable and immovable assets holding, investments companies and SPVs, and e-gaming.

Learn more:

Isle Of Man Limited Company (2006 Act) Formation and First-Year Fees – USD 4,600.00 (All included)

Note that our incorporation and annual fees are all “all-included fees”, and cover all the required services, duties, disbursements, and procedures to incorporate an Isle Of Man company, and keep it in good standing.

  • All applicable Registration and Government Fees
  • Providing Certificate of Incorporation issued by Registrar of Companies
  • Preparing and filing the Memorandum of Association and the Articles of Association with the Registrar
  • Appointment of First Director(s)
  • Preparing the Director(s) Acceptance Letter
  • Preparing the First Board Resolution resolving the Issuance of Shares and Shares Certificates, Appointment of Directors, Registered Office, etc.
  • Preparing the Register of Members, and the Register of Directors
  • Preparing the Share Certificates
  • Preparing and Executing the Certificate of Incumbency
  • Registered Office Services for one year
  • Registered Agent Services for one year
  • Delivery of Certified Copies of Corporate Documents, inclusive of Courier Fees

Time to form the company

It generally takes us one day to prepare and file the M&AA and the related corporate documentation, and 1 to 2 business days for the Registrar to issue and release the Certificate of Incorporation, and the stamped M&AA.

Bank Account Opening Services (Optional)

We can open bank accounts for Isle Of Man companies in the following jurisdictions:

  • Isle Of Man Bank Account (2 Banks, Remotely) – USD 700.00 (available if Registered Agent is appointed as signatory)
  • Switzerland Bank Account (1 Bank Remotely, 3 Banks In-person) – USD 1,200.00 – Debit/Credit Cards and Brokerage Accounts Available
  • Luxembourg Bank Account (2 Banks, Remotely) – USD 1,200.00 – Debit/Credit Cards and Brokerage Accounts Available
  • Lithuania Bank Account (1 Bank, In-person) – USD 1,200.00 – Debit/Credit Cards Available
  • Liechtenstein Bank Account (2 Banks, Remotely) – USD 1,200.00 – Debit/Credit Cards and Brokerage Accounts Available
  • Czech Republic Bank Account (1 Bank, Remotely) – USD 1,200.00 – Debit/Credit Cards Available
  • Netherlands Bank Account (2 Banks, Remotely) – USD 1,200.00 – Debit/Credit Cards Available
  • Lithuania Bank Account (1 Bank, In-person) – USD 1,200.00
  • Latvia Bank Account (1 Bank, In-person) – USD 1,200.00 – Debit/Credit Cards Available
  • Gibraltar Bank Account (1 Bank, In-person) – USD 1,200.00
  • New York (US) Bank Account (2 Banks, Remotely) – USD 2,000.00 – Debit/Credit Cards and Brokerage Accounts Available
  • Mauritius Bank Account (3 Banks, Remotely) – USD 600.00 – Debit/Credit Cards Available
  • Labuan/Malaysia Bank Account (1 Bank Remotely, 1 Bank In-person) – USD 500.00 – Debit/Credit Cards Available
  • Singapore Bank Account (5 Banks, Remotely) – USD 900.00 – Debit/Credit Cards Available – Remote account opening available due to COVID-19
  • Hong Kong Bank Account (3 Banks, In-person) – USD 2,000.00 – Debit/Credit Cards Available
  • Armenia Bank Account (1 Bank, Remotely) – USD 1,200.00 – Debit/Credit Cards and Brokerage Accounts Available
  • Turkey Bank Account (1 Bank, Remotely) – USD 1,200.00 – Debit/Credit Cards and Brokerage Accounts Available
  • Cayman Islands Bank Account (5 Banks, Remotely) – USD 900.00 – Brokerage Accounts and Debit/Credit Cards Available
  • British Virgin Islands Bank Account (1 Bank, Remotely) – USD 900.00 – Brokerage Accounts Available
  • Bahamas Bank Account (4 Banks, Remotely) – USD 500.00 – Brokerage Accounts Available
  • Curaçao Bank Account (2 Banks, Remotely) – USD 500.00 – Debit/Credit Cards Available
  • Cook Islands Bank Account (1 Bank, Remotely) – USD 600.00 – Brokerage Accounts available
  • Belize Bank Account (1 Bank, Remotely) – USD 300.00 – Prepaid Cards Available
  • Puerto Rico Bank Account (2 Banks, Remotely) – USD 300.00 – Debit/Credit Cards Available and Brokerage Accounts available
  • Antigua Bank Account (2 Banks, Remotely) – USD 300.00 – Debit/Credit Cards Available
  • Nevis Bank Account (1 Bank, Remotely) – USD 300.00 – Debit/Credit Cards Available
  • Saint Lucia Bank Account (1 Bank, Remotely) – USD 300.00
  • Dominica Bank Account (2 Banks, Remotely) – USD 300.00 – Debit/Credit Cards Available
  • UK/Latvia/Lithuania Electronic Money Institution Account (8 EMI’s, Remotely) – USD 300.00 – Debit/Credit Cards Available

All our bank account options provide for accounts in major currencies (USD, EUR, GBP, CHF, etc) as well as internet banking facilities. Note that “Remotely/In-person” means whether the account can be opened remotely or a personal visit to the bank is required to finalize the application.

Our bank account opening service is not just a mere introduction to the bank. We assist you in filling out the business plan forms appropriately and help you understand and provide business details, commercial information, and purpose/use of the bank account that a given bank wants to know in order to approve your account application.

Banks want certainty and clarity on how the account will be used. Everything must be watertight. We will work with you to make sure there is minimal ‘back and forth’ and a smooth account opening process.

Isle Of Man Company Annual Fees – USD 3,900.00 (payable one year after incorporation, and annually thereafter)

  • Providing Registered Office Services, including business address, for one year
  • Providing Registered Agent Services for one year
  • Preparing and filing the Annual Return with the Companies Registry
  • Companies Registry Annual Return filing fee
  • Preparing and filing a Tax Return with the Income Tax Division
  • Maintaining Statutory Registers, including the register of directors, register of members and the company minute book

Other Services (Optional)

  • Establishment of Foundations, Trusts, and provision of Trustee Services
  • Local Director Services
  • Secretarial Services
  • Accounting Services

Please, contact us for further information.

SKU: INC-SG-001-1 Category:
Cart

No products in the cart.