Isle of Man Jurisdictional Benefits

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The Isle of Man is an independent Crown Dependency that holds a Moody’s rating of Aa3 Negative, as at 28 October 2022, in line with the UK’s current rating. Companies registered in the Isle of Man benefit from the business-friendly Government, legislative environment and locally set tax regime. In addition, an Isle of Man company can be incorporated in 48 hours or less.

Headline rates of taxation include:

0% Corporate Tax
0% Capital Gains Tax
0% Inheritance Tax
0% Withholding Tax on Dividends
Isle of Man companies are able to register for VAT, and businesses in the Isle of Man italy mobile database fall under the UK’s VAT regime.
However, the island offers more than just tax efficiency. It is OECD compliant and therefore not considered a tax haven and the local environment continues to provide world class professional services to those engaging in international wealth, corporate and estate planning.

You can read more about why the Isle of Man is a jurisdiction of choice, here.