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IoM Companies Register Celebrates Digital Milestone

by Jason Gorringe, Lowtax.net, London
09 May, 2016

The Isle of Man Companies Registry has announced that it has incorporated its first company through its new online service.

The Registry hopes to digitize all aspects of its operations, after launching a new Companies Registry system in September 2015.

Chief Minister Allan Bell said: "Supporting economic growth is a core priority of government. This new service is a good example of how we can support business by making dealing with government easier while recognizing the backdrop of evolving international standards."

"Modern systems and digital services such as those in Companies Registry will help us ensure we remain internationally competitive, but also remain at the forefront of international compliance. This action is a further step forward, supporting the commitment recently announced on the introduction of a central electronic register of beneficial ownership."

John Wilkinson, Director of the Companies Registry, said: "This service, initially for companies incorporated under the Companies Act 2006, is the first of many services we will be launching and is a result of teamwork between the Companies Registry staff, Government Technology Services, our supplier PDMS, and some of our customers. It is a great example of how government's Digital Strategy helps us work with our customers to deliver improved digital services that benefit them as well as government. We'll continue this model as we extend our digital services across all company filings and company types."

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