Crown Dependency in the Irish Sea between England and Ireland

Location

Pound Sterling (GBP)

Currency

Legal System

Private Limited Companies (Ltd), LLCs, Trusts

Corporate Structures

Tax System

  • Zero corporate tax rate for most companies; exceptions include large retailers taxed at 10% and land/property income taxed at 20%
  • Multinational corporations with turnover exceeding €750m will face a minimum tax rate of 15% starting in 2025

Legal Framework

  • Based on Common Law; governed by the Companies Act 2006
  • Requires a registered agent licensed by the Isle of Man Financial Supervision Commission

Advantages

  • No residency requirements for directors or shareholders
  • High level of privacy with minimal public disclosure requirements
  • Strategic location offering access to UK and European markets

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