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Company Formation Isle of Man

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Fiduciary Services in Isle of Man

Updated on Monday 07th May 2018

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Fiduciary-Services-in-Isle-of-Man.jpgA fiduciary is an agent that agrees to manage the assets, estates, trusts, and finances of an individual, family or corporation. The services are offered based on an agreement and by observing the local laws and regulations for these types of activities.
 
The Isle of Man is a preferred offshore center, due to its stable economic and political environment and favorable regulations for doing business and offshore activities. Moreover, the Isle of Man company registration process is a straightforward one. Individual investors and companies can benefit from requesting specialized fiduciary services including but not limited to corporate services, trust and foundation establishment and administration and many others.
 

Types of fiduciary services

 
Fiduciaries serve the role of administering the assets of private and corporate clients and include but are not limited to investment fund administration and/or trust fund administration. Some types of fiduciary services are outlined in the list below:
  • trustee services: the founder of a trust appoints a trustee who will be bound by a fiduciary duty to manage the trust
  • estate administrator: a fiduciary is appointed to act on the behalf of the estate owner when the said owner passes away without leaving a will
  • attorney-in-fact: the fiduciary acts as the duly appointed representative of an individual who is allowed to handle all or part of the financial matters based on a power of attorney
  • corporate services: including but not limited to issues concerning company management, company asset management, tax registration and administration and other services related to bookkeeping and accounting
 

Services provided by our Isle of Man company formation experts

 
The Isle of Man imposes a set of regulations for fiduciary service providers, among which the requirement to only provide these services with a proper license. The Fiduciary Services Acts are the main legislative documents that regulate service providers in this field. Our team of agents who specialize in offshore company formation in the Isle of Man is licensed to conduct these types of activities and can provide clients with a complete range of fiduciary services.
 
Contact us for complete details on how we can assist you with fiduciary services as well as our complete range of services for setting up a company in the Isle of Man.

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Call us now at +44 203 287 0408 to set up an appointment with our business consultants in the Isle of Man. Alternatively you can incorporate your company without traveling to the Isle of Man.

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