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Isle of Man Business, Taxation and Offshore Information

Isle of Man Not in EU Fiscal Area

The Isle of Man is an English speaking dependency of the British crown but has never formed part of the United Kingdom. The Isle is politically stable and enjoys parliamentary government without party politics. Its 1,000 year-old parliament, Tynwald presides over the Island's domestic affairs including, specifically, taxation. Britain is responsible for the Island's defence and foreign affairs. The island forms part of the EU single market and VAT area but is otherwise not part of the EU fiscal area. The Isle of Man has an English common law type legal system and tends to follow English legislation. There is an infrastructure of sophisticated legal and other professional services. The Isle has a Financial Supervision Commission with a great deal of experience in overseeing and regulating sensitive financial areas. The island's currency is the pound and there are no exchange controls. There are frequent flights to a number of UK airports. More »


 

Isle of Man Knowledge Base

Isle of Man: Country and Foreign Investment
A quick overview of the Isle of Man - its history, geography, and business advantages.
Isle of Man Executive Summary »
Isle of Man Geography »
Isle of Man Population, Language and Culture »
Isle of Man Relationship with the EU »
Isle of Man Government »
Isle of Man Economy and Currency »
Isle of Man Overview of Tax System »

Isle of Man: Types of Company
A look at various types of company in the Isle of Man, providing options to suit different business needs.
Isle of Man Company Introducion »
Isle of Man 2006 Companies Act »
Isle of Man Private Company Limited by Shares »
Isle of Man Company Limited by Guarantee »
Isle of Man Public Company Limited by Shares »
Isle of Man Limited Liability Company »
Isle of Man Branch of Overseas Company »
Isle of Man General Partnership »
Isle of Man Limited Partnership »
Isle of Man International Limited Partnership »
Isle of Man Sole Proprietorship »
Isle of Man Trusts »

Isle of Man: Business Environment
The support network of services you need to do business in the Isle of Man.
Isle of Man Business Introduction »
Isle of Man Trust Management »
Isle of Man Professional Services »
Isle of Man Banking and Financial Services »
Isle of Man Telecommunications »
Isle of Man Residence and Property »
Isle of Man Labour Market »

Isle of Man: Offshore Business Sectors
The key sectors of the Isle of Man's offshore economy.
Isle of Man Offshore Business Introduction »
Isle of Man Commercial Trading Companies »
Isle of Man Investment and Fund Management »
Isle of Man Banking »
Isle of Man Insurance and Pensions »
Isle of Man Ship Management and Maritime Operations »

Isle of Man: E-Commerce
A description of how e-commerce operations are enabled in the Isle of Man, and how the offshore tax regime can best be utilised for e-commerce.
Isle of Man E-Commerce Introduction »
Isle of Man Electronic Transactions Act 2000 »
Isle of Man Online Gambling Regulations Act 2001 »
Isle of Man Hosting and ISP Facilities »
Isle of Man E-Commerce Facilities »
Isle of Man Banking and Payment Processing Facilities »
Isle of Man Planning the Tax Structure »
What to Locate in the Isle of Man »
Isle of Man Offshore Options for E-Business People »

Isle of Man: Offshore Legal and Tax Regimes
This section looks at available offshore operations in the Isle of Man and the criterion required for obtaining offshore tax status.
Isle of Man Offshore Introduction »
Isle of Man Tax Treatment of Offshore Operations »
Isle of Man Taxation of Foreign Employees of Offshore Operations »
Isle of Man Exchange Control »
Isle of Man Employment and Residence »

Isle of Man: Law of Offshore
A hub for information about the main laws and statutes affecting offshore and non-resident businesses in the Isle of Man.
Isle of Man Table of Statutes »
Isle of Man Trust Law »
Isle of Man Banking Law »
Isle of Man Investment Management Law »
Isle of Man Betting and Gaming Law »

Isle of Man: Domestic Corporate Taxion
A guide detailing the scope and rate of taxes affecting companies in the Isle of Man.
Isle of Man Corporate Tax Introduction »
The Future of the 0/10 Regime »
Isle of Man Scope of Corporation Tax »
Isle of Man Corporate Tax Rates »
Isle of Man Calculation of Taxable Base »
Isle of Man Taxation of Trusts »
Isle of Man Filing Requirements and Payment of Tax »
Isle of Man Withholding Tax »

Isle of Man: Personal Taxation
An overview of applicable taxes for individuals in the Isle of Man.
Isle of Man Personal Tax Introduction »
Isle of Man Residence and Liability for Taxation »
Isle of Man Income Tax »
Isle of Man Customs Duties »
Isle of Man Social Security »

Isle of Man: Double Tax Treaties
Treaties and international agreements that the Isle of Man has in place, to mitigate the effects of double taxation.
Isle of Man Tax Treaty Introduction »
Isle of Man Other International Agreements »
Isle of Man Memorandum of Understandings (MOU) »

Isle of Man: The Legal Profession
Resources detailing rules governing the legal sector in the Isle of Man.
Isle of Man Structure and Regulation of the Profession »
Isle of Man Codes of Conduct and Disciplinary Proceedings »
Isle of Man Solicitors' Accounts' Rules »
Isle of Man Fees and Disputes »
Isle of Man Recent Trends »

Isle of Man: The Accountancy Profession
Information about regulations affecting those qualified to practice accountancy in the Isle of Man.
Isle of Man Accounting Introduction »
Isle of Man Generally Accepted Accounting Principles »
Isle of Man Accounting Fees »

Isle of Man: Offshore Investment
The opportunities for offshore investors in the Isle of Man.
Isle of Man Investment Introduction »
Isle of Man Investment Funds »
Isle of Man Pension Investments »
Isle of Man Bank Deposits »

Isle of Man: Related Information
Other useful information pertinent to the Isle of Man.
Isle of Man International Law »
Isle of Man Banking Confidentiality »
Map of the Isle of Man »