Companies incorporated outside the Isle of Man carrying on business in the Island which have established a place of business in the Isle of Man, are currently registered under Part XI of the Companies Act 1931 (Part XI).

Strike off action does not reduce or extinguish the liability of any director, officer or member of the company.

The Isle of Man Government’s desire to reinforce the Island’s position as one of the world’s most respected and competitive international business centres led to the development and introduction on of the Companies Act 2006.

A discussion on the Isle of Man Ship Registry.

Equity incentive plans provide businesses with an effective mechanism to attract, motivate, and retain high-performing employees while aligning their interests with those of shareholders and continue to be an important component of modern remuneration strategies.

This is a brief guide to the services provided by Dixcart Management (IOM) Ltd regarding the formation and administration of Foundations.

Directors of Isle of Man companies owe 3 types of duty to their company:

Once appointed, a Trustee is subject to a number of duties. A Trustee's overriding duty is to act in the best interests of the beneficiaries of the Trust.

A private company incorporated under the Isle of Man Companies Acts 1931-2004 which qualifies as an “audit exempt company” may, by members resolution, elect to dispense with compliance with the requirements of the Isle of Man Companies Acts 1931-2004 which relate to the audit of the accounts of companies.

Entrepreneurship thrives on bold ideas, relentless determination, and the willingness to take risks.

When it comes to scaling internationally, protecting assets, or managing cross-border investments, strategy matters.

People often say that a Foundation is the civil law alternative to a Trust; but what does this mean? What does a Foundation offer your clients that a Trust cannot?

This is a brief guide to the services provided by Dixcart Management (IOM) Ltd regarding the formation and administration of Trusts.

Imminent market developments in the Isle of Man are expected to affect corporates, private clients and those operating in the capital markets over the coming months.

In the recent case of FJ 118/24 Shafe Buksh -v- (1) Habib Bush (2) Omar Bush (also known as Oliver Bush) the team at Ronald Fletcher Baker (RFB Legal) encountered a challenge familiar to many legal professionals...

Companies, as creatures of statute, owe their existence to the laws of the jurisdiction in which they are incorporated.

Trustees play a crucial role in safeguarding the interests of those they serve but when it comes to vulnerable beneficiaries, the responsibility extends beyond standard fiduciary duties.

The Jersey Financial Supervision Commission (the JFSC) has recently (June 2020) published a feedback paper for industry on the results of its examinations of compliance with the financial crime