Located in the Irish Sea between Britain and Ireland, the Isle of Man is a self governing territory within the Commonwealth. This Island is politically stable and fiscally independent from the European Union (EU). Although the Isle of Man is not a member of the EU, it benefits from a relationship with the EU, which allows free movement of goods in trade between the Island and other countries in the EU. The Isle of Man has a well-developed professional and financial infrastructure, with a strong banking and investment fund and captive insurance sectors. The government of the Isle of Man implemented tax incentives such as the absence of tax on capital transfer and inheritance and reduced corporate and personal taxes.

Tax Exempt Company
An Exempt Company in the Isle of Man must be owned exclusively by non-resident individuals. This type of company must be controlled and managed from within the Island. There are few restrictions on the type of trade and business that an Exempt Company is permitted to undertake within the Isle of Man.
Incorporation fees:	GBP 1.00
Registered agent fees:	GBP 0.00
Government fees:	GBP 625.00
Registered office fees:	GBP 499.00
Total Cost Of Incorporation	GBP 1125.00
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