The English Companies Act 2006 (the "English Act") is overhauling English companies legislation and will largely replace the English Companies Act 1985 (as amended).

With the introduction of the Companies Act 2021 (the Act) Isle of Man companies incorporated under the Companies Act 2006 can now re-register as a Companies Act 1931 company.

This Article briefly summarises the potential advantages of an Employee Ownership Trust ("EOT"), and why the use of an Isle of Man Trustee could be beneficial.

A foundation is highly flexible in terms of how long it may last, how the founder may remain involved in the management of its affairs and how much information the beneficiaries are entitled to.

Following on from our recent article on the Companies Act 2011, the Companies Act 2012 further demonstrates the Isle of Man’s commitment to seeking transparency in the ownership of companies.

The final provisions of the Isle of Man Charities Registration and Regulation Act 2019 (2019 Act) came into force 1 April 2020.

Most jurisdictions have by now felt the effects of the credit crunch to a certain degree and are having to make adjustments to protect themselves and their businesses from its effects.

Reforming the UK's Non-Domicile tax regime is an objective contained within the Labour Party's policy platform.

For ultra-high-net-worth individuals (UHNWIs) and families, particularly those in the MENA region, when it comes to preserving family wealth, control isn't about micromanagement, it's about confidence.

The Isle of Man Financial Services Commission is responsible for the regulation of the majority of the financial sector, namely: banks, building societies, investment businesses and fiduciary services providers.

The use of trusts in wealth management and estate planning means transferring legal control of trust assets to a third party, namely the trustee of the trust.

This memorandum summarises the duties and responsibilities of the directors of a company incorporated in the Isle of Man.

Buying or selling a yacht isn't like buying a car or even a house.

Whether for administrative, tax, confidentiality, substance or other reasons, the ability to re-domicile a company into – or out of – the Isle of Man is a useful feature of Isle of Man Companies...

When you or your client think about their new Superyacht it might conjure visions of luxurious relaxation, crystal clear blue waters and basking in the sun; conversely, ...

Today's businesses are subject to the constantly shifting sands of tax, regulation and an ever evolving, increasingly globalised economy. Engaging a Trust & Corporate Services Provider to manage and administer...

We have now had an extended period in which world markets have been shaken by international events.

This guide summarises the key features of Manx Companies under each regime, noting the key differences where relevant.

A director of a company owes fiduciary duties to act responsibly and in their related company’s best interests.

Isle of Man companies provide a flexible vehicle that meet a huge variety of objectives and can be particularly beneficial under the right conditions.