Lowtax: Global Tax and Business Portal
 
powered by











Isle of Man: Commercial Trading Companies

Back to Isle of Man: Business, Taxation and Offshore

In this Section:

- Isle of Man Offshore Business Sectors
- Isle of Man Investment and Fund Management
- Isle of Man Banking
- Isle of Man Trust Management
- Isle of Man Insurance
- Isle of Man Ship Management and Martime Operations

Commercial Trading Companies

The Isle of Man has encouraged commercial activity and manufacturing, especially in high technology, taking advantage of its physical location alongside the UK and the EU.

The government offers capital grants of 40% of the costs of new buildings or improvements in buildings and of new machinery and plant, including energy conservation work, and consultancy costs. There are operating grants of 40% of non-recurring first-year costs and of marketing expense for new ventures; and up to 50% of training costs.

There is a wide variety of offshore company formats to choose from to suit all purposes. For a company importing or trading in physical goods in the EU, an offshore company form can be combined with a base in the Ronaldsway Freeport to give a very effective result. The island's inclusion in the EU's VAT regime is also helpful in many trading situations.

Along with other offshore jurisdictions, the Isle of Man is a suitable place in which to base e-commerce services for retail or wholesale distribution of material or non-material goods. For a company with B2C or B2B trading operations in high-tax countries, large parts of its sales, marketing and procurement activities can be based in a low-tax area such as the Isle of Man. Distribution of physical goods in high-tax areas can be outsourced or can be handled locally, while distribution of digital goods (eg software or music) can of course be undertaken locally. Corporate structures can be adjusted so that profits do not have to be remitted to the high-tax jurisdiction.

See Offshore-e-com.com for extended descriptions of how such businesses can take advantage of the combination of offshore and e-commerce and see E-Commerce in the Isle of Man for a thorough description of the current stage of development of e-commerce on the island.

Back to Isle of Man: Business, Taxation and Offshore




Lowtax Forums More
 Spain 2 Topics
 Barbados 4 Topics
 Bahamas 17 Topics
 Austria 2 Topics
 Poland 3 Topics
 Switzerland 7 Topics
 Liechtenstein 4 Topics
 UK 8 Topics
 Estonia 1 Topics
 Asia/Pacific No topics yet
 Singapore 9 Topics
 Botswana 2 Topics
 Liberia 1 Topics
 Panama 1 Topics
 Latvia No topics yet
 Isle of Man 3 Topics
 Luxembourg 8 Topics
 South Africa 13 Topics
 Gibraltar 3 Topics
 Hungary 1 Topics
 

Network Tweets

Strategic Partners

Lowtax Network Portal: 'Low-tax' business and investment in the top 50 jurisdictions covered in exceptional detail.
Tax News: Global tax news, continuously updated through the day.
Investors Offshore: The independent offshore and alternative investment guide for expatriates and the globally aware investor.
Law & Tax News: Daily news and background data on tax and legal developments for international business.
Offshore-e-com: A topical guide to offshore e-commerce focused on tax and regulation.
Lowtax Library: One of the web's largest and most authoritative business and investment information sources.
US Tax Network: The resource for free online US taxation information, covering: corporate tax, individual tax, international tax, expatriates, sales and e-commerce tax, investment tax.
Personal Business Tax Guide: Providing essential tax news and information on business for contractors, entrepreneurs, professionals, small businesses, artists, sportspersons and entertainers.
Offshore Trusts Guide: OTG publishes news, features and newsletters on the use of offshore trust structures.
TreatyPro: The online tax treaty resource.



Lowtax Library

One of the web's largest and most authoritative business and investment information sources. Alongside topical, daily news on worldwide tax developments, you can receive weekly newswires or access up-to-date intelligence reports on a range of legal, tax and investment subjects.

FREE TRIAL NEWS SUBSCRIPTION

Our 16 constantly updated intelligence reports cover every important aspect of 'offshore' and international tax-planning in depth, including banking secrecy, the EU's savings tax directive, offshore funds, e-commerce, offshore gaming and transfer pricing. Reports are available for immediate downloading or as subscription services with news pages.


Advertising & Marketing

With over 50,000 qualified readers every month our web-sites offer a number of cost effective, targeted advertising, sponsorship and marketing opportunities:

- Display advertising - from 'skyscrapers' to 'buttons'
- Content/article submission and sponsorship
- Opt-in email marketing
- On-line Services Directory listings

Click here to learn more or contact Charles Bell on +44 (0)1424 205 425 or at charles@bsi-media.com and he will put you in touch with your regional rep.

News & Content Solutions

Could your corporate web-site or newsletter benefit from incorporating regularly updated news and content tailored to serve your clients' interests? We can provide a variety of maintenance-free news and content solutions that can be seamlessly integrated and dynamically delivered:

- Customised, personalised 'own-brand' news services
- Newsletter content and management
- News Headline Tickers

Click here to learn more or contact Charles Bell on +44 (0)1424 205 425 or at charles@bsi-media.com and he will put you in touch with your regional rep.