Foreign companies

A foreign company is a company incorporated in a jurisdiction outside the Isle of Man and which establishes a place of business or that owns land in the Isle of Man.

Registration

A company incorporated in a jurisdiction outside the Isle of Man and which establishes a place of business or that owns land in the Isle of Man, must register as a foreign company under the Foreign Companies Act 2014.

Registration documents must be delivered to the Companies Registry, Department of Economic Development, within one month of the establishment of the place of business or the acquisition of the land.

On meeting the requirement to register under the Foreign Companies Act 2014 a foreign company that fails to register, together with its officers, commits and offence.

Annual return

Every foreign company must make an annual return to the Companies Registry within one month of the anniversary of the date of incorporation of the company in its home jurisdiction.

See also:
Fees   |   Forms    |    Practice Notes    |    Acts and Regulations