british isles

Our Isle of Man office

An internationally recognised, well-regulated offshore jurisdiction.

our deliverables

Affinity (Isle of Man) Limited provide a range of corporate services to local and international clients in the private, digital, and corporate sectors.

As one of the world’s leading offshore financial centres, the Isle of Man offers a favourable tax regime, advanced infrastructure and well-regulated environment.

In the Isle of Man since 2004, Affinity has the experience, professionalism and dedication you require to optimise the benefits the Isle of Man makes available to you.

Expert guidance

Bepsoke solutions

Personal service

First-class network

Our team

Our Isle of Man leaders

Contact our support team and with any questions or queries you may have.

the jurisdiction

Key benefits

Stable legal, economic and political environment

Established finance sector with advanced infrastructure

Business-Friendly Legal System based on English common law

A transparent jurisdiction, regulated by the Isle of Man Financial Services Authority (“FSA”).

Advantageous fiscal regime with 0% incorporation tax, 0% capital gains tax, 0% inheritance tax and low personal income tax.

High level of confidentiality and robust asset protection

Government schemes and grants available to support business growth

Diverse landscape of established industry and reputation for digital innovation

growing opportunities

robust frameworks

flexible vehicles

innovative landscape

Key industries

The Isle of Man is a recognised jurisdiction in the private wealth sector, renowned for its efficient legal and corporate vehicles protected by English Common Law.

It boasts strong asset protection for luxury asset structuring and its stable landscape is ideal for the establishment of trusts and estate planning. It holds an established maritime sector, offering clients the prestigious Red Ensign flag.

The Isle of Man also has a reputation for digital innovation, supported by its forward-thinking Government and Regulator which drives growth in regluated industries, including Blockchain, eGaming, Fintech and medical cannabis.

welcoming new business

The Government

The Isle of Man Government is committed to promoting and enhancing the Island’s reputation as a well-respected international business centre and as an established platform for business success and prosperity.

The Isle of Man is renowned for quality in the provision of financial services including those offered by Affinity. The Isle of Man has been recognised by the International Monetary Fund as a well-regulated offshore Finance Centre of excellence.

The Government offer start-ups and established businesses with a range of support including grants towards costs, equipment and employment.

financial support

business consultancy

leading reputation

testimonials

What our clients say

Contact our support team and with any questions or queries you may have.

“We chose Affinity as our CSP partner of choice based on trust, expertise and dedication to our everyday needs to which they consistently surpass expectations. Due to their eGaming knowledge, Affinity has become a strategic partner in the continued success of our brands.”

“We have been in the gaming industry since 2008 and the service we receive from Affinity is nothing short of exceptional. Affinity’s eGaming knowledge, personal touch and professional expertise is what we can trust and rely on for the on-going support of our business.”

“We have received a truly dedicated and professional level of service from Affinity and the relationship we have formed goes beyond getting the job done. We receive genuine interest and support for the success of our business and we look forward to seeing Affinity at every conference we attend.”

FAQ

You ask, we answer

How do I set up a company in the Isle of Man?

After an initial call with our team, we will provide you with a bespoke fee proposal which will include the necessary services to set up your company in the Isle of Man. We will incorporate the company and facilitate opening a corporate bank account after we have on-board you as a client.

How long does it take to set up a company in the Isle of Man?

An Isle of Man company can be incorporated within a day. We incorporate the company after we have on-boarded you as a client and completed our due-diligence.

What type of company structures are in the Isle of Man?

The Isle of Man offers two main types of companies under different legal frameworks: the 1931 Act Company and the 2006 Act Company. The Isle of Man also offers various company structures, trusts and foundations.

What are key characteristics of an Isle of Man 2006 Act Company?

The 2006 Act company offers a streamlined and electronic filing process, short-form memorandum is accepted and a company secretary is optional. The legislation is modelled on modern offshore company legislation, and the structure is highly flexible and widely used by international clients. The speed of company formation is fast with low costs. There is a minimum of x1 corporate, or individual Director, no general meeting is required and no authorized share capital is permitted. An annual return is required, and there is no obligation for an audit unless certain thresholds are exceeded.

What are key characteristics of an Isle of Man 1931 Act Company?

The 1931 Act company is modelled on the UK Companies Act 1929 and is more suitable for traditional structures and local businesses. Public filing is required, in addition to constitutional documents which are completed manually. There is a minimum of 2 public Directors required and 1 private Director, a company secretary is mandatory, in addition to an annual general meeting. Authorised share capital is required, in addition to the filing of an annual return, and an audit for larger companies.

Does an Isle of Man Company require a physical presence on the Isle of Man?

An Isle of Man company does not strictly require a physical office or presence on the island to be incorporated or maintained. However, there are regulatory requirements, including a registered office and registered agent. These can be provided by a licensed Corporate Service Provider.

Does an Isle of Man Company require a local Director?

A local Director is not mandatory; however, Isle of Man Directors demonstrate the company is centrally managed and controlled in the Isle of Man for tax residency purposes. In addition to this, the Isle of Man adopted Economic Substance legislation in 2019, which requires some certain business activities to have a physical presence.

What is the corporate tax rate in the Isle of Man?

The Isle of Man offers 0% corporation tax and 0% captial gains tax.

What are the benefits of establishing a company in the Isle of Man?

There are many competitive benefits an Isle of Man Company provides including high reputation, political and economic stability and tax efficiency. Flexible company structures, a high level of privacy and strong asset protection, and a business-friendly regulatory environment are key advantages for an Isle of Man company.

What types of business activities are well suited to the Isle of Man?

• eGaming and tech start ups
• Blockchain and crypto models
• Family office and trusts
• Yachting and aircraft structures