The Isle of Man is an ideal place for limited liability companies (LLCs) to be formed. With attractive tax breaks and a low taxation cap, this island nation is growing in popularity as a location for company formation.
Whether you are establishing a business in order to trade or creating a holding company to secure personal assets, understanding the benefits of setting up in the Isle of Man will help you make an informed decision. Whether you are strengthening your business or building finances for your future, any LLC formation will be subject to certain rules and restrictions.
Understanding the registration process and ongoing LLC maintenance will keep you out of trouble and keep your finances safe. Ensure everything is correctly filed and registered with an ongoing management service.
The legal and financial specialists at Coddan have extensive experience in LLC creation. We know where you need to register and the time frame you are working to, and we understand how best to protect your assets and interests. Once the company is established, you have certain obligations from year to year relating to company management.
A post-registration service will save you from having to worry about things like bookkeeping, VAT registration and business bank account management. Instead, you can concentrate on enjoying the benefits of your new LLC arrangement.