The limited liability company (LLC)
is a type of business entity incorporated according to the Isle of Man laws that has legal personality and capacity, separate from its founding members and registered agent.
Investors choose to open an LLC in the Isle of Man because it is a form of business that can be fully foreign owned. This is one of the several types of companies that can e incorporated by foreign investors and it is governed by the Limited Liability Companies Act.
Isle of Man LLC characteristics
The key benefits for investors who choose to open an LLC in the Isle of Man are listed below:
• Full foreign ownership: this is an important characteristic as foreign investors can be sure that they will own 100% of the LLC.
• Limited liability: as the name suggests, the members are only liable for the company’s debts up to the amount of capital they have invested in the company.
• Simple and fast registration: the Isle of Man company formation process is a quick one, including only a few steps and fees for registration.
• No corporate taxes: Isle of Man is known as a tax haven closely located to some of the most important EU economies; the LLC is not subject to taxes although some exemptions apply for banks or income from land and property in the country.
LLC incorporation process
Offshore company formation in the Isle of Man is a simple process and one that can be assisted throughout its duration by our team of experts.
Our agents will help you verify the chosen company name, prepare the Articles of Association and gather the needed information about the company members and the nominee directors
, should this be an option. We can also help you with special registered agent services.
With our aid, your LLC in the Isle of Man
will be incorporated in the shortest amount of time possible. Please do not hesitate to contact us
to find out more about how we can assist you.