Company Registration
The Isle of Man makes it straightforward to register a company, with the added advantage of 0% corporate tax for most business types.
Company Types
- Companies Act 2006 company — The standard IoM company. Similar to a UK Ltd but with IoM-specific features. Most common choice.
- Limited Liability Company (LLC) — Available under the LLC Act 1996. Flexible structure popular with international businesses.
- Sole Trader/Partnership — No registration required, but must register for income tax.
- Foundation — Available under the Foundations Act 2011. Used for wealth planning and charitable purposes.
How to Register
- Choose your company name (check availability at Companies Registry)
- Appoint a Registered Agent — mandatory for IoM companies. This is typically an advocate or CSP (Corporate Service Provider).
- File Memorandum and Articles of Association
- Pay registration fee (~£100)
- Receive Certificate of Incorporation (usually within 24-48 hours)
Ongoing Requirements
- Annual Return filing (fee ~£380)
- Registered office on the Isle of Man
- At least one director
- Beneficial ownership register (submitted to Financial Intelligence Unit)
FSA Licensing
If your business involves financial services, insurance, e-gaming, or other regulated activities, you'll need a licence from the IoM Financial Services Authority (FSA). The process is thorough but well-supported.
Contact
Companies Registry: 685485
gov.im/companies