Isle of Man

The Isle of Man is a "low tax economy" with no capital gains tax, wealth tax, stamp duty or inheritance tax.

Some incorporation benefits:
• there is no specific minimum capital requirement. In most cases, a registration agent will only issue two shares. A Manx company can be capitalized with as little as two pence Sterling.
• public anonymity can be obtained by the employment of nominee directors/shareholders.
• branches of foreign companies in the Isle of Man may apply for exempt tax status. In other words, it may be possible to register a branch of a Delaware non-resident LLC in the Isle of Man and receive a Manx VAT number.
• no accounts or annual summaries need to be filed with the Manx Government in the case of Exempt companies.