A truly business-friendly government, ultra-modern telecoms services, transport links to all major UK and Irish business centres and very attractive rates of taxation, make the Isle of Man an ideal destination for all businesses and professionals alike.
Businesses can benefit from Corporate rates such as:
Most types of business are taxed @ 0%
Banking business taxed @ 10%
Retail businesses with profits of £500,000+ are taxed @ 10%
Income derived from Isle of Man land/property is taxed @ 20%
No withholding tax on most dividend and interest payments
In addition to the obvious pecuniary benefits, the island also has a deep pool of well kuwait mobile database .-educated expert workers, fantastic grants from the government to both encourage new businesses and provide vocational training and many working groups and associations in direct contact with local government.
Where relocating to the island is not physically possible, there are various options available to businesses wishing to be established on the Isle of Man and avail of the local tax and legal environment. Such activity requires qualified tax advice and the assistance of a Trust and Corporate Service Provider, such as Dixcart. Please feel free to get in touch to find out more in this regard.
Why do Business on the Isle of Man?
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sumaiyakhatun26
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