Creating a trust involves more than simply drafting a trust document and arranging for it to be signed.

The Jersey case Trilogy Management v YT & Others [2012] JCA 204 has provided some useful guidance in relation to the costs arising from non adversarial applications in relation to trusts.

Companies incorporated outside the Isle of Man which establish a place of business in the Isle of Man are at present required to register as F-Companies.

Equity incentive plans have grown in popularity in recent years as they provide a fantastic mechanism for motivating employees, retaining talent and aligning the interests of the workforce and Shareholders.

On August 1 2014 the Foreign Companies Act 2014 came into force replacing Part XI of the Isle of Man Companies Act 1931.

In 2017, the Crown Dependencies gave commitments to the EU to introduce rules on Economic Substance.

Your board signs off on a major strategic decision. Everyone's in agreement, hands are shaken, and the meeting ends. Fast forward three years — a regulator, shareholder...

It is also usual practice for a liquidator to require the shareholder or beneficial owner of the company to provide him with an indemnity in advance of agreeing to be appointed.

Adam Killip, an associate advocate within the regulatory & compliance services team in leading offshore law firm DQ Advocates, provides a useful summary of what to expect in 2016 if you are operating in the regulated sector.

The Income Tax (Substance Requirements) Order 2021 was approved by Tynwald on 16 June 2021. This Order extends the scope of the economic substance rules in Part 6A of the Income Tax Act 1970...

Deeds are written documents that make it clear on their face that they are intended to be a deed by the person or persons entering into them (normally by stating as much) and are validly executed and delivered as a deed.

In the recent case of IFG International Trust Company Limited and others v French (2012) CHP 2012/0048, the Isle of Man High Court gave useful guidance on the entitlement of a former protector to an indemnity from a trust.

In banking and finance matters, a legal opinion is often sought to confirm the capacity and valid incorporation and existence of a legal entity.

The Isle of Man is a jurisdiction well known for the establishment and management of both Isle of Man Trusts and Foundations.

A recent case in the Court of Appeal of England and Wales reiterates the importance of having trustees entered as the member of a company, rather than the trust itself being entered as the member.

The present economic pressures resulting from the restrictions imposed during the Covid-19 crisis are proving extremely difficult for businesses across a wide range of industries.

The Isle of Man Financial Services Authority ("IOMFSA") has today published a much-anticipated suite of four documents which will be valuable to individuals and corporate entities interested

Each Family Office is as unique as the Ultra-High-Net-Worth (UHNW) family it represents.

At first glance, the Isle of Man might seem small; a dot between Britain and Ireland, better known for its winding TT course than for global commerce.