The Isle of Man is a great jurisdiction to do business where you can set up various structures to suit a variety of situations.
The 2006 Act Company is one of the more widely recognised International Business Company models because of its modern approach. Whereas, the 1931 Act Company although having some limiting attributes still remains a viable tool in today’s markets. It depends entirely on what best suits your particular business requirements.
Our latest infographic shares a clear overview of the requirements and differences you can expect from a 1931 and 2006 Act companies.