uncleflo
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Isle Of Man Company Formation | £2,770.00 | CFS Formations
Saved by uncleflo on January 18th, 2022.
The Isle of Man is a self-governing British Crown dependency located in the Irish Sea between the islands of Great Britain and Ireland. It is not and has never been part of the United Kingdom but is within the British Isles. The Isle of Man is an established international business and finance centre, with a secure base built on political stability and low taxation. The most popular type of company is a Limited Company, which is very similar to a UK Limited Company, but with the benefit of 0% corporate tax rate. The rate of income tax applicable to Isle of Man companies that are not trading in banking or local real estate is 0%. Foreign Investors are attracted by the taxation structure in the Isle of Man company formations as there are no capital gains taxes, turnover tax or capital transfer tax, no stamp duties and low rates of income tax.
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