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Isle of Man: Business Environment

Introduction

The Isle of Man has an excellent business infrastructure with good telecommunications; this coupled with its use of the English language and a legal system largely based on English law makes the island a very convenient and effective business base. For any organisation with significant activity in the EU, the island's position within the EU's single market, and its use of VAT, make it a very convenient trading base, especially for the development of e-commerce operations.

There is a good range of professional services in the Isle of Man, particularly for the banking, trust management and mutual fund sectors. The government has understood the importance of e-commerce for the future of international business and is making a determined attempt to become a centre of e-commerce development.

 

 

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