Forming an offshore company through the Isle of Man can be about so much more than just forming a Manx company.
There are many reasons for why you may want to look offshore when it comes to forming your company. However for most people one reason seems to be seen as more significant than any other and that is the opportunity to save significant amounts of money in the way of tax. In this respect offshore jurisdictions like to compete with each other in terms of what they can offer (tax savings, fees etc) and it’s always best to compare and contrast the various offshore company formation jurisdictions before settling on one. On top of the money aspect going offshore may offer advantages in terms of confidentiality and long term asset protection as well as reducing the administration burden on your company or allowing you to operate in markets that your domestic jurisdiction may not allow.
What many people don’t realise is that there is no need to use a corporate service provider in the jurisdiction in which you wish to setup your company, many CSPs offer offshore company formation across any number of offshore jurisdictions. CSPs on the Isle of Man are no different in this respect and by contacting an experienced Manx CSP you’ll have the ability to form companies in many different places, for example:-
- Anguilla
- The British Virgin Islands
- Jersey
- Guernsey
- Gibraltar
- The Cayman Islands
- Belize
- The Seychelles
- Hong Kong and
- Mauritius
to name but a few. Of course many offshore company formation specialists also have the right connections to allow you to form onshore such as LLPs in the United Kingdom or companies in Switzerland, the Netherlands or even the US. The decision of where to form your company can be a complicated one and it’s always best to consult with a reliable CSP before making a decision. Some jurisdictions may come with certain stipulations that you’ll be unaware off without the right advice.
In order to offer a full service you’ll need a CSP that can offer any required directors, secretaries and shareholders because certain jurisdictions may set certain stipulations with regard to residency. Of course you’ll also need help with bank accounts, registered offices and that that type of thing but all this will not be a problem to a good CSP on the Isle of Man. The reasons for choosing a CSP on the Isle of Man for your offshore company formation (no matter what the jurisdiction) are plenty but in short the island provides a robust regulatory framework for CSPs to operate in as well as a vast number of highly experienced company formation experts.
How Do You Get Started With An Offshore Company?
Offshore company formation can be a complicated subject but the Isle of Man has numerous experts who will be able to guide you through the whole process, some good, some not so good. After being around the industry for so long we have a very good idea of who we can and can’t trust. If you’ve got any questions about having a company formed offshore through the Isle of Man then please use the contact form below and we’ll put you in contact with a trusted, reliable and affordable Isle of Man CSP:-
Why no company formation price list? Forming an offshore company shouldn’t be like buying a tin of beans from your local supermarket, every clients needs are different and those that understand the industry know this. We only recommend company formation agents that can offer a personalised service to meet your exact needs.