Category: Company Formation

A sole trader is the business: simple to start, taxed personally, and personally liable for every debt. A limited company is a separate legal entity you have to incorporate — more admin, but your liability is limited to what you put in. Here's the part most UK guides get wrong for the Island: in the […]

Setting up a company in the Isle of Man is quick and inexpensive — the government incorporation fee starts at £100 and a standard incorporation is done within 48 hours — but there's one thing you can't do here that you can in the UK: file it yourself. An Isle of Man company (the modern […]