Welcome to the Final Part in our 5-Part Series Based on our Latest Article: '7 Reasons Entrepreneurs Should Consider Offshore Trust & Corporate Services'

The Isle of Man Companies (Amendment) Act 2021 made a number of changes to Isle of Man company law in September 2021. However, one provision in that Act, which addresses public access to information regarding...

Welcome to Part 1 of our 5-Part Series based on our latest article: '7 Reasons Entrepreneurs Should Consider Offshore Trust & Corporate Services'

Welcome to Part 2 of our 5-Part Series based on our latest article: '7 Reasons Entrepreneurs Should Consider Offshore Trust & Corporate Services'

The Isle of Man Companies Act 2012 came into force on 1 September 2013 and is stated to be an important step in the Island's commitment to promoting transparency in respect of company ownership.

🔍 Welcome to Part 3 of our 5-Part Series based on our latest article: '7 Reasons Entrepreneurs Should Consider Offshore Trust & Corporate Services' 🔍

🚩 Welcome to Part 4 of our 5-Part Series based on our latest article: '7 Reasons Entrepreneurs Should Consider Offshore Trust & Corporate Services' 🚩

The Mercury case (R (on the application of Mercury Tax Group and another) v HMRC [2008] EWHC 2721) provided obiter English Law comments in relation to the closing or completion of matters where some of the parties ...

The Isle of Man Companies Act 2006 is undergoing changes that will take effect from 1 April 2025. Under these new provisions, the first appointment of directors, or any subsequent changes to the register of directors...

Trust structures will often involve trustees holding shares in companies; those shares forming part of the trust fund held by the trustees for the benefit of the trust and the beneficiaries as a whole.

This decision demonstrates the benefit of a statutory provision, not limited to a particular set of facts or criteria, as to when and why a receiver should be appointed.

The Isle of Man Financial Supervision Commission (the "FSC") has recently issued for consultation a proposed new Company Officers Disqualification Bill (the "Bill").

The Companies (Amendment) Bill 2020 has passed through Tynwald and has been sent for Royal Assent.

The Isle of Man advocate instructed to act would usually review any transaction documents being entered into by the Isle of Man legal entity from an Isle of Man law perspective.

The Isle of Man's new director notification requirements came into effect on 1 April 2025. Under these new provisions, the first appointment of directors, or any subsequent changes to the register of directors, must be notified to the Registrar of Companies within one month.

A discussion on the duties and responsibilities of directors of a BVI company, who run the day-to-day activities of the company and make any commercial decisions required.

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.

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.

Isle of Man companies benefit from a zero rate of tax on trading and investment income.