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Coddan CPM Ltd. – Company Registration Agent in the UK
Home Incorporate in Offshore Isle of Man LLC Formation in Isle of Man

LLC Formation in Isle of Man

LLC formation in Isle of Man with Coddan: it is becoming increasingly common for business people to reduce the financial costs and regulatory burden of running a business in Europe by setting up their company overseas, a process made much easier thanks to experts such as Coddan. Although there are many locations around the world that offer this facility, perhaps the most reliable and trusted is the Isle of Man. There are several options to choose from, but one well established method is to set up an Isle of Man-based LLC.

An Isle of Man LLC brings many benefits, not least the fact that there is no obligation for such a company to file audited financial statements, or to appoint more than two members. An LLC formed in the Isle of Man is also exempt from local taxation. If you're interested in finding out more about forming an Isle of Man LLC, then get in touch with Coddan today. We are one of the UK's most dynamic providers of corporate advice and our expertise can take you the through the LLC company formation process step by step and ensure that the Manx LLC registration is handled smoothly and efficiently.


Limited liability company registration in Isle of Man

£3400

ANNUAL FEES FROM £3,200

Recommended for Recommended for

1
option

This LLC company formation in Man package is for customers, who require to open a tax-free LLC with registered office address, and nominee member.

The following documents will be sending by post upon the registration of your IOM LLC company:



£4250

ANNUAL FEES FROM £3,200

Recommended for Recommended for

2
option

This LLC set-up in Isle of Man package is especially for clients, who are requiring forming a limited liability company with a registered address, nominee member and get the VAT registration number.

This Isle of Man LLC company incorporation offer includes everything in the first option, together with the advantages of:



£4600

ANNUAL FEES FROM £3,200

Recommended for Recommended for

3
option

This is our most comprehensive LLC company start-up in Manx package is especially for clients, who are requiring forming a limited liability company with a registered address, nominee member and get the bank account.

This LLC company formation in the Isle of Man offer includes everything in the first option, plus:



£3650

ANNUAL FEES FROM £3,200

Recommended for Recommended for

4
option

This LLC company set-up in Man package is for customers, who require to open a tax-free LLC with legal office address, and nominee member.

This LLC company registration in Isle of Man offer includes everything in the second option, plus apostilled set of documents:




Start-Up an LLC company in Isle of Man online

Manx is the name given to the people, culture and language of the Isle of Man, as well as being another name for the island. Many business people registering new companies choose to do so in the Isle of Man for the many advantages that it brings. The reasons to consider LLC company formation in Manx are numerous, and you might want to consider enlisting the help of an accredited agent such as us to guide you through the process and ensure your applications are completed correctly.

The plus points include the requirement of zero tax on trading and investment income, as well as the same VAT regulations as the UK, meaning that trading with countries located in the European Union can become simpler. Isle of Man companies can be used for holding investments, such as commercial properties and portfolios, as well as intellectual property, such as patents and trademarks.

In terms of incorporation time, companies can expect to wait three to five days after the approval of their name by the Companies Registry. Filing annual returns can be left in the hands of trusted agents such as Coddan, and it is the company member's responsibility to prepare them.

All tax returns must be both prepared and filed with the Isle of Man Treasury, and while a 0% tax rate applies to trading and investment income, other income with its origins in land and property on the island is subject to a rate of 10%.

Are you looking to create a new LLC company in IOM? Consider the bnefits of LLC incorporation in the Isle of Man

IOM LLC Registration

There are numerous benefits to registering an LLC in the Isle of Man, and many successful businesses are enjoying them right now. So why don't you consider joining them? The rate of corporation tax in the Isle of Man is 0% for businesses not involved in banking, local real estate or local retail. There is no capital gains tax, and companies without resident shareholders do not pay tax on retained profits. Other benefits include: low tax on exports to EU countries, no withholding tax on dividends and no exchange controls.

The Isle of Man is also a stable jurisdiction with well-respected integrity. Coddan can help make the registration of an LLC in the Isle of Man a straightforward process. Contact a member of our expert team to find out more.

Open an LLC company in the Isle of Man

Establish an LLC in Manx

If you're looking to establish an LLC company in the Isle of Man, there are many important points to consider. The Isle of Man is a British territory that is not part of the United Kingdom and for this reason, it's an interesting and compelling place to establish an LLC company.

Usually LLCs are run through US LLC legislature, but this won't stop you from establishing one on the Isle of Man. One of the first things you must do is employ a local agent who is fully registered; this may be a legal requirement and is worth considering. In addition to this, you will require two members to form an Isle of Man LLC.

You may want to create an LLC in the Isle of Man to act as a way to protect your assets offshore. An LLC in the Isle of Man has the full rights of a person, even though it requires a registered office in the Isle of Man - this office must be maintained on the island during the full existence of the LLC.

The process of forming an LLC can be speedy - sometimes as quick as two days. This is, of course, subject to the approval of the name chosen by you for the limited liability company. Restrictions around the name also apply though are not usually a problem.

If all of this is of interest to you and you want the process to be as smooth as possible, here at Coddan we have a team of friendly experts who have vast experience in this area and are waiting to help you, 24/7. Why not contact us today?