In a far sighted and at the same time very contemporary reading of the development of the financial services industry, the Isle of Man Government has created an alternative banking regime which came into effect on 1 August 2016.1 The new regime will enable corporations and high net worth individuals to become masters of their own [...]
The Isle of Man has for a long time been part of the global market in many industries including the financial sector, corporate services and online gambling. As a result, numerous multinational companies have branches or head offices on the Island and often seek to bring in skilled workers from other jurisdictions as short or long [...]
If you are a budding or seasoned Entrepreneur seeking to settle in the Isle of Man in order to set up or take over a Manx business the Isle of Man Immigration Rules provide a potential route for you as a Tier 1 Entrepreneur. In order to qualify as a Tier 1 Entrepreneur, you need to [...]
When moving forward with any business idea, forward planning and difficult decision making are needed at an early stage and good quality, expert legal advice is required at an early stage. The right advice will help you strategically and commercially and ensuring the right decisions are made at the start of a venture ensures that pitfalls [...]
I Insolvency Law, Policy & Procedure i Statutory Framework and Substantive Law Insolvency law on the Isle of Man is governed primarily by the following legislation: The Fraudulent Assignments Act 1736 Preferential Payments Act 1908 Preferential Payments and Other Acts (Financial Adjustments) Act 1973 Companies Act 1931-2004 Companies Act 2006 The primary legislation [...]
