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List of companies of the Isle of Man

From Wikipedia - Reading time: 6 min

Location of Isle of Man

The Isle of Man is a self-governing crown dependency in the Irish Sea between England and Northern Ireland. The head of state is King Charles III, who holds the title of Lord of Mann. The Lord of Mann is represented by a lieutenant governor. Foreign relations and defence are the responsibility of the British Government.

The Isle of Man is a low-tax economy with no capital gains tax, wealth tax, stamp duty, or inheritance tax[1] and a top rate of income tax of 20%.[2] The rate of corporation tax is 0% for almost all types of income; the only exceptions are that the profits of banks are taxed at 10%, as is rental (or other) income from land and buildings situated on the Isle of Man.[3][4]

Offshore banking, manufacturing, and tourism form key sectors of the economy. Agriculture and fishing, once the mainstays of the economy, now make declining contributions to the island's Gross Domestic Product (GDP).

Notable firms

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This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

Notable companies
Status: P=Private, S=State; A=Active, D=Defunct
Name Industry Sector Headquarters Founded Notes Status
   
Alliance & Leicester International Financials Banks Douglas 1990 Bank, defunct 2013 P D
Bradford & Bingley International Financials Banks Douglas 1989 Financial services, defunct 2011 P D
Bushy's Brewery Consumer goods Brewers Braddan 1984 Brewery P A
Celton Manx Consumer services Gambling Douglas[5] 2009 Gambling P A
Duke Video Consumer services Broadcasting & entertainment Douglas 1981 Video P A
EuroManx Consumer services Airlines Ronaldsway 2002 Airline, defunct 2008 P D
Excalibur Almaz Industrials Aerospace Douglas 2005 Spaceflight P A
Isle of Man Air Services Consumer services Airlines Ronaldsway 1937 Airline, nationalized 1947 P D
Isle of Man Bank Financials Banks Douglas 1865 Bank P A
Isle of Man Post Industrials Delivery services Douglas 1973 Postal services S A
Isle of Man Steam Packet Company Consumer services Travel & tourism Douglas 1830 Ferry P A
Manx Airlines Consumer services Airlines Ballasalla 1982 Airline, defunct 2002 P D
Manx Telecom Telecommunications Fixed line telecommunications Braddan 1987 Broadband P A
Manx2 Consumer services Airlines Ballasalla 2006 Airline, defunct 2012 P D
Microgaming Consumer services Gambling Douglas 1994 Gambling P A
Nationwide International Financials Banks Douglas 1990 Offshore savings P A
Neteller Financials Specialty finance Douglas 1999 Payments P A
Okells Brewery Consumer goods Brewers Douglas 1850 Brewery, pubs P A
Paysafe Group Financials Specialty finance Douglas 1996 Payments P A
Peel Engineering Company Consumer goods Automobiles Peel ? Defunct 1974 P D
PokerStars Consumer services Gambling Douglas 2001 Gambling P A
Sea Breezes Consumer services Publishing Douglas[6] 1919 Publisher P A
Simcocks Advocates Industrials Business support services Douglas 1949 Legal P A

References

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  1. ^ "Financial Services Sector - Isle of Man. Where You Can". gov.im. Archived from the original on 19 April 2012. Retrieved 28 February 2015.
  2. ^ "Interview With Brian Donegan, Director Of Foreign Investment, Isle Of Man Government". OnlinePersonalsWatch. Retrieved 4 April 2013.
  3. ^ New Assessor of Income Tax – Isle of Man Government Archived 2007-09-30 at the Wayback Machine
  4. ^ Forget Monaco: Isle of Man cuts tax to tempt super-rich – Tax, Money – Independent.co.uk Archived 2007-05-10 at the Wayback Machine
  5. ^ – Contact Us
  6. ^ Contact Us
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