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International trade
The markets of the European Union offer enormous potential for the businesses around the world. However, they also present challenges in terms of differing languages, legislation and regulation. The Isle of Man is an international business centre in the heart of Europe which can help overcome these challenges by providing a range of important advantages that make it a jurisdiction worthy of consideration for both existing European import/export companies, and businesses wishing to establish import/export operations in Europe. These advantages include:
• Supportive, business-friendly Government
• Familiar Customs & Excise – with excellent service
• Low tax environment
• Access to financial and professional services
• Access to capital
• High quality of life
What business may benefit from locating in the Isle of Man?
- Multinational companies who already have a presence in the UK or EU. Some or all of these functions can be transferred to the Isle of Man with potential taxation savings and increased efficiencies through centralisation of import/export and other back office functions.
- Manufacturing or trading companies that do not currently have a presence in the UK or EU and are seeking to enter the UK or European market. The Isle of Man can provide a cost-effective alternative to establishment within the EU.
- Supply chain and logistics companies specialising on the sourcing and distribution of goods worldwide.
- UK-based importers specialising on the sourcing and importation of goods for onward sale and distribution to wholesale and retail businesses in the UK and EU. The Isle of Man is an attractive relocation option for the businesses and their principals personally
- UK-based import/export and freight agents specialising in the technical aspects of the importation of goods into the UK.
If you are looking to grow your European revenues and profits, the Isle of Man offers you and your business a supportive environment to live, work and succeed.
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