Isle of Man: Types of Company
Private Company Limited by Shares
This page was last updated on 11 January 2020.
A private company limited by shares must have at least one member, who can be an individual or a company, and it must be stated in the memorandum of association that the company is private. Annual returns must be made to the registrar, and details of the shareholders are held on the public files; nominee shareholders can be used. A minimum of two directors are required, and they cannot be companies. A Manx company can be incorporated within 7 working days and ready-made companies are available for immediate use.