Isle of Man IBC

Isle of Man offers attractive offshore formation opportunities through an International Business Company IBC to businesses seeking the benefits of a secure, confidential and tax-free environment. Isle of Man has been offering clients offshore formation packages and has grown rapidly in the sector due to its flexible structure, exceptional protection regulations and enabling legislation, making it among the best jurisdictions for offshore company formations.
Key Features of Isle of Man IBC

Isle of Man IBC	Corporate Details
General
Type of Entity	International Business Company
Registered Office in Isle of Man	Yes
Shelf company availability	Yes
Access to Double Taxation Treaties	No
Share capital or equivalent
Standard currency	Manx Pound
Permitted currencies	Any
Minimum paid up	No minimum
Usual authorized
Bearer shares allowed	Yes (but required to be immobilized by the registered agent)
No par value shares allowed	Yes
Directors
Minimum number	Two
Local required	No
Publicly accessible records	No
Location of meetings	Anywhere
Corporate directorship allowed	Yes
Shareholders
Minimum number	One
Publicly accessible records	No
Corporate shareholder allowed	Yes
Location of meetings	Anywhere
Company Secretary
Required	No
Local or qualified	No
Accounts
Requirements to prepare	Yes
Audit requirements	Yes
Requirements to file accounts	Yes
Publicly accessible accounts	No

Tax Treatment
An Isle of man IBC is tax exempted
Duration to set up the company
5 weeks
Distinctive Advantages of Isle of Man IBC

• No minimum capital requirement.
• Only one shareholder or director is mandatory.
• An International trade zone.
• No corporate tax.
• Records are not publicly accessible.
• Names of company directors and shareholders are not placed in the public registry.

The Valsen Advantages

• Speedy, Efficient and consistent Services.
• Relentless effort to obtain bank accounts.
• Expert advice on structuring options.
• Dedicated ongoing compliance support.