Isle of Man - Services
Dixcart Management (IOM) Limited provides full secretarial and management services for both Isle of Man companies and companies incorporated in other jurisdictions. We also organise and incorporate companies in the Isle of Man.
We initiate the organisation and incorporation of companies in many locations around the world and provide continuing management and secretarial services to those companies.
Aircraft
The Isle of Man operates an aircraft register, of interest in particular to private owners of business jet aircraft. Not only is the Isle of Man a respected jurisdiction but a number of tax efficiencies are also available.
Consultancy and Outsourced Services
Dixcart supports many organisations with a variety of commercial services, delivered to meet the high standards and flexibility required by our clients. These range from professional skills such as accountancy, payroll and compliance to business skills including IT, marketing and management consultancy. Dixcart can also provide project management, forensic accountancy and VAT administration serivces.
Corporate Formation
Dixcart provides a comprehensive incorporation service in the Isle of Man.
Dixcart Global Fund Managers
Dixcart Global Fund Managers (DGFM) is licensed to conduct investment business by the Isle of Man Financial Supervision Commission (IOM FSC). This has enabled DGFM to act as a fund administrator for a wide range of funds, including specialist funds and overseas funds.
Management of Companies
Dixcart managed companies are established with a complete corporate organisation. This includes the maintenance of statutory records, preparation and completion of financial statements and full documentation relative to the operation of the company.
Nominee Services
Nominee services may be provided for the holding of assets worldwide. These may be for the benefit of specific individual clients or for shares in companies managed through the island.
Serviced Offices
Dixcart can provide serviced business offices with workstations and internet connection, plus fax and telephone lines. A comprehensive range of administrative support and professional services can also be provided, including reception and secretarial duties, professional accounting, legal and HR support. These services are particularly relevant to meet the needs of international businesses seeking to establish a presence in the Isle of Man.
Shipping and Yachts
In July 1985 the Isle of Man became a full convention shipping nation with its own shipping surveyors and a considerable tonnage is registered on the island's Shipping Register.
To be registered as a British ship in the Isle of Man the ship has to be owned by British subjects or a body corporate established under, and subject to, the laws of Her Majesty's Dominions, and having a principal place of business within those Dominions.
Dixcart can establish structures that allow owners and operators of ships and yachts to take advantage of the island's attractive corporate tax regime and beneficial VAT arrangements. Such services include vessel registration, company management and administration, VAT and tax advice and corporate services.
Trust and Executorship Services
There is no Isle of Man taxation on trusts formed by individuals not resident in the Isle of Man, for the benefit of non-resident beneficiaries. Dixcart is experienced in the establishment and administration of trusts. Trust law in the Isle of Man is well established and based on corresponding legislation in the United Kingdom, but Manx trusts are allowed to accumulate interest without restriction.
VAT
The Isle of Man is able to offer both low and zero tax companies the opportunity to register for VAT, enabling such companies to benefit from the simplification procedure. This procedure enables companies trading with European member states to issue invoices without adding a VAT charge, as the company they supply will be required to account for VAT in its own country on behalf of the Isle of Man VAT registered company.
Dixcart Management (IOM) Limited can provide local agent services for VAT registration on the island to companies that are not resident in the Isle of Man.
It should be noted that in order to qualify for VAT registration within the UK, the company seeking registration needs to undertake an economic activity within the UK or have an establishment in the UK.