What is the process for forming a company in Isle of Man?
Choosing a company name and ensuring it is available for use
Drafting the articles of association and the bylaws of the company
Filing the articles of association with the Isle of Man Companies Registry
Appointing directors and shareholders
Depositing the minimum share capital in a bank account
Obtaining any necessary licenses or permits
Registering for taxes and social security
How much does it cost to set up a Isle of Man company?
The cost of setting up a Isle of Man company varies depending on the type of company and the services required. Typically, the cost includes government fees, legal fees, and registered agent fees. The minimum share capital required is usually £1. It is advisable to get a quote from a professional service provider for an accurate estimate of the cost to set up a Isle of Man company.