{"id":162117,"date":"2024-07-01T00:00:43","date_gmt":"2024-07-01T00:00:43","guid":{"rendered":"https:\/\/www.shane-english.com\/?page_id=162117"},"modified":"2024-07-22T10:21:15","modified_gmt":"2024-07-22T10:21:15","slug":"isle-of-man-company-formations","status":"publish","type":"page","link":"https:\/\/www.shane-english.com\/isle-of-man-company-formations\/","title":{"rendered":"Isle of Man Company Formations"},"content":{"rendered":"

\"Isle<\/p>\n\n\n\n
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Isle of Man Company Formations<\/h1>\n<\/td>\n

Request Quotation<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

An Isle of Man company limited by shares is equivalent to a UK Private Limited Company and therefore is the most popular method of structuring a new incorporation in the Isle of Man.<\/p>\n

 <\/p>\n\n\n\n\n\n\n\n\n
Isle of Man Incorporation\u00a0fees<\/th>\nIsle of Man Annual Compliance fees<\/strong><\/th>\n<\/tr>\n
Company Formation:<\/strong> \u00a32,800<\/td>\nRegistered Office:<\/strong> \u00a32,400<\/td>\n<\/tr>\n
Registered Office:<\/strong> \u00a32,400<\/td>\nAnnual Government fee:<\/strong> \u00a3850<\/td>\n<\/tr>\n
Shareholder & Directors Register<\/span>: <\/strong>\u00a3180<\/td>\nShareholder & Directors Register Maintenance: <\/strong>\u00a3180<\/td>\n<\/tr>\n
Government Registration fee: <\/strong>\u00a3100<\/td>\nCompliance fee:<\/strong> \u00a3200<\/td>\n<\/tr>\n
Annual Return & filing fee<\/strong>: \u00a3850<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Company Name<\/h2>\n

Company names must be submitted too and approved by the Financial Supervision Commission and must bear the suffix \u201cLimited\u201d or \u201cLtd\u201d after the name.<\/p>\n

We check that your Isle of Man company name is acceptable and is not already registered with the Financial Supervision Commission.<\/p>\n

Directors<\/h2>\n

Only one director is required for a company incorporated in the Isle of Man, with no restrictions on nationality or residency.<\/p>\n

Shareholders<\/h2>\n

Only one shareholder is required for a company incorporated in the Isle of Man, with no restrictions placed on nationality or residency.<\/p>\n

Shares can be issued as standard registered shares or as bearer shares \u2013 bearer shares offer high levels of confidentiality to the shareholder(s). Further confidentiality and public anonymity of the shareholders may be obtained by the employment of nominee shareholders.<\/p>\n

Share Capital<\/h2>\n

There are no minimum share capital requirements for a company in the Isle of Man, but the minimum issued number of shares is two. The minimum payable duty is valid up to \u00a32,000, share capital over this amount are required to pay additional duty charges.<\/p>\n

Company Secretary<\/h2>\n

A professionally qualified company secretary is required, who must be resident in the Isle of Man.<\/p>\n

Registered Office<\/h2>\n

A registered office address in the Isle of Man is mandatory, and the provider holds a license issued by the Isle of Man Financial Supervision Commission. The purpose of a registered office is to maintain the company and provide a physical location where documents may be legally served \u2013 we provide your company with a registered office in the Isle of Man.<\/p>\n