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Isle of Man
Simcocks
In a dissolution, property vested in the company would usually be applied to its creditors and then its members so that at the point of dissolution no assets are owned.
Simcocks
The Companies (Amendment) Bill 2020 has passed through Tynwald and has been sent for Royal Assent.
Appleby
The Income Tax (Substance Requirements) Order 2021 was approved by Tynwald on 16 June 2021. This Order extends the scope of the economic substance rules in Part 6A of the Income Tax Act 1970...
Appleby
This country-specific Q&A provides an overview of Mergers & Acquisitions laws and regulations applicable in the Isle of Man.
Dixcart Group Limited
The Isle of Man is an OECD whitelisted offshore jurisdiction with an excellent track record of providing effective, efficient, and above all, compliant corporate structures.
Appleby
Mergers & Acquisitions Comparative Guide for the jurisdiction of Isle of Man, check out our comparative guides section to compare across multiple countries
Dixcart Group Limited
Exempt Funds are an often-overlooked vehicle that could provide a client with a cost effective, tailored solution for meeting their long-term financial objectives.
DQ Advocates
Last week, almost a year after the Island first entered lockdown, the first of what will likely be a string of COVID-19 related decisions to come out of the...
Simcocks
The use of trusts in wealth management and estate planning means transferring legal control of trust assets to a third party, namely the trustee of the trust.
DQ Advocates
The recent case of Lunt v Csurgo (CHP 2019/140) has concisely summarised how the Isle of Man High Court will approach the division of a property/its proceeds of sale when a cohabitating couple split.
Dixcart Group Limited
There are several advantages for using corporate structures, especially those registered in financial hubs such as the Isle of Man.
DQ Advocates
Virtual Currencies Comparative Guide for the jurisdiction of Isle of Man, check out our comparative guides section to compare across multiple countries
DQ Advocates
In a recent case heard by the Isle of Man Employment and Equality Tribunal, Ruane v Pride Foods Limited t/a Delissimo/Appetites handed down on 31 December 2020, new guidance was issued in respect of the provision of payslips ...
DQ Advocates
There is a large amount of jurisprudence on setting aside a trust on the grounds of mistake. Do the same principles apply to foundations?
Appleby
The Isle of Man Government has today (15 December) approved an extension of the economic substance rules to include "self-managed schemes".
Appleby
This chapter was first published in The International Comparative Legal Guide to: Gambling 2021, by Global Legal Group, London.
DQ Advocates
The ability in offshore jurisdictions for claimants to obtain injunctive relief in aid of foreign proceedings has been a rather high-profile topic following the recent British Virgin Islands...
Worldwide
Dixcart Group Limited
This is the second in a three-part series we have produced on Foundations, building up to a webinar hosted by experts who can help you to meet your clients' needs.
Dixcart Group Limited
Steve Doyle Whilst Isle of Man Trusts and Isle of Man Limited Companies have been mainstays of offshore wealth planning for decades, the relatively recent introduction of the Isle of Man Foundation in...
Dixcart Group Limited
2020 was mired with uncertainty, but with an end to Brexit negotiations, vaccines, and the promise of further freedoms around the corner, 2021 will hopefully be a return to calmer waters.
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