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Isle of Man company information and reports
As a self-governing British Crown dependency, the Isle of Man is a well-established jurisdiction for international business and finance.
The Isle of Man is an attractive place to form a business due to its low tax jurisdiction that has 0% corporation tax rate, but this excludes Banks which are required to pay 10% tax on their profits.
A company can be registered in the Isle of Man with just a single Director and Shareholder, also known as a one-man company.
What information is available?
All searches on Isle of Man companies are compiled using registry documentation. Only Public Companies are required to file Accounts in the Isle of Man.
Manx companies incorporated under the Companies Act 2006 are subject to different filing requirements to those incorporated under the Companies Acts 1931-2004.
Differences include:
- No requirement for Authorised Share Capital
- Disclosure of Shareholders no longer mandatory
- No distinction between Public and Private Companies
- Single Directors are permitted
- Single Member Companies are permitted
As the 2006 Act is ‘standalone legislation’ (excepting provisions for liquidation and receivership), companies incorporated using it will co-exist with current and future companies registered under the 1931-2004 Acts.
A full corporate package which include a copy of certificate of incorporation, Copy of all certificates of change of name on file, Copy of latest memorandum & articles plus subsequent resolutions, Copy of latest annual return plus subsequent changes, Copy of latest filed Accounts (Public Companies only), outstanding mortgages and charges, and details of any insolvency or dissolution proceedings on file.
| Product | Service level | Turnaround |
| Annual Accounts | Standard | 1 Hour |
| Annual Return (Isle of Man) | Standard | 1 Hour |
| Certificate of Good Standing | Standard | Approx. 3-5 days |
| Certificate of Incorporation | Standard | 1 Hour |
| Company Existence Check | Standard | 1 Hour |
| Copy Documents - Articles of Association | Standard | 1 Hour |
| Copy Documents - Incorporation Documents | Standard | 1 Hour |
| Corporate Package (Isle of Man) | Standard | Approx. 1 working day |
| Corporate Package (Isle of Man) | Express | 2-3 Hours (if ordered before 3.00 pm) |
| International Company Overview (ICO) Reports | Standard | Approx. 1 Working Day |
| International Individual Bankruptcy Check (Isle of Man) | Express | Within 5-6 Working Days |
| Memorandum & Articles | Standard | 1 Hour |
| RO and Date of Incorporation | Standard | 1 hour |
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