Isle of Man
Financing a Business in Isle of Man
Recent forum posts
-
600 windPRO v4.2
Anything you need, just email to: crdlink#hotmail.com change # into @We supply too many latest softwares, the software list is not full, just email for more software.Ctrl + F to search program with crackIf you need a latest software version, please email to: crdlink#hotmail.com change # into @CIMsystem Pyramis 2022Axiocomp 4.3NovoExpress 1.6.2Imaris 11ArcGIS-Geochem Mas
Total Posts: 1 Last post by Drogramxs
-
261 WoundSim 2023
Anything you need, just email to: crdlink#hotmail.com change # into @We supply too many latest softwares, the software list is not full, just email for more software.Ctrl + F to search program with crackIf you need a latest software version, please email to: crdlink#hotmail.com change # into @3DCoat 2025.10 x643DF Zephyr 8.0173diemme Realguide 5.4.2 + Library4DDiG DLL Fix
Total Posts: 1 Last post by Drogramxs
Financing a Business on the Isle of Man
There are a number of government and tax financial incentives for small to medium UK businesses looking to invest in the Isle of Man.
Tax Incentives
The Isle of Man has attractive tax incentives for foreign investors including:
- Coroporate income tax between 0 and 10%
- Personal income tax between 0 and 20%
- No capital gains tax, wealth tax, stamp duty, or inheritance tax.
- Low import and export duties.
Government Finance Incentives
Financial Assistance Scheme
The government offers various packages to qualifiying businesses who fulful certain environmental and commercial criteria. The incentives include:
- Up for 40% for new equipment
- Up to 40% in building grants, for either new build or rent.
- Up to 50% towards training of staff
- Up to 40% revenue grants to assist with research and development, marketing, relocation, consultancy and environmental standards.
Further information can be found at
www.gov.im/dti/grants/financeassist.xml
Business Support Scheme
The Business Support Scheme offers a grant of up to £4500 towards business projects. The scheme also offers consultancy, business solutions and business development support (inlcluding mentorship)
Further information can be found at
http://www.gov.im/dti/grants/bss/?menuid=7836
Private Finance
A good starting point for investigating private finance options on the island is the Isle of Man Finance website www.gov.im
The website offers free advice for businesses and details on the taxation and finance regulations. It is advisable to consult an accountant before making any formal approaches to a bank and to make sure that you have an extensive business plan in place.
Click here to Ask an Expert about Financing a Business in Isle of Man