DOING BUSINESS ON THE ISLE OF MAN

As an established jurisdiction located virtually at the centre of the British Isles in the Irish Sea, the Isle of Man, with a strong and growing economy, provides an excellent infrastructure from which to operate a business based on continuity, stability and service. Constitutionally, it is a self-governing British Crown dependency, not a part of the European Union and has the longest surviving continuous parliament in the world, the Tynwald.

The Isle of Man's legal system has its foundations in English Common Law, the Island having its own judiciary overseeing the application of Manx laws. With familiar legal concepts such as equity and case law, the Island offers an attractive and flexible legal environment, evolving its statutes according to the needs of the Isle of Man people and its industries.

The licensing requirements for trust and company providers in the Isle of Man such as Hillberry are such that only businesses of substance, both financially and operationally, are granted permission to trade. The licensing process places emphasis on a provider's resources in terms of skill, integrity and experience as well as the necessary financial backing to properly undertake their activities. It is considered one of the best licensing regimes of its type.