Isle of Man

At a Glance

The Isle of Man is situated centrally in the Irish Sea and the British Isles. The Island spans 52 kilometres from north to south and 22 km from east to west at the widest point.

Types of Companies

In May 2007 the Isle of Man Financial Supervision Commission (FSC) published a revised version of its General Licensing Policy for those seeking a banking, investment business or fiduciary services licence.

Offshore Legal and Tax Regimes

The Isle of Man chose to become part of the EU's VAT regime, but is not part of the EU fiscal area in any other respects. The island's VAT scheme is largely similar to that of the UK. For some types of business activity inside the EU it is an advantage to be within the scope of VAT.

Further Information

At a Glance

Types of Companies

Offshore Legal and Tax Regimes