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Isle of Man Government Department of Local Government and the Environment: - Finance Unit

A look at the Isle of Man as an offshore have- very good help here.

Isle of Man registered companies
Standard Bank Isle of Man Limited (Registered in the Isle of Man No. 4713, VAT Registration No. 000 1116 73) registered office address is Standard Bank House, One Circular Road, Douglas, Isle of Man.

Standard Bank Trust Company (Isle of Man) Limited (Registered in the Isle of Man No. 38027, VAT Registration No. 000 1116 73) registered office address is Standard Bank House, One Circular Road, Douglas, Isle of

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The Isle of Man
In the past, the Isle of Man has been overshadowed as a financial centre by the Channel Islands. It is only recently that the island has come into its own. Over the last decade, almost every well-known British financial institution has opened a branch here. The authorities have done what is necessary to instill security and confidentiality. With rigorous guidelines to prevent the island being used as a money laundrette, financial institutions have been granted, in return, the right to maintain secrecy about their customers accounts. Deposits made with a licensed banking institution on the Isle of Man are covered by the Depositors' Compensation Scheme contained in the Banking Business (Compensation of Depositors) Regulations 1991. The compensation represents 75 percent of the institution's total liability to you. The maximum compensation to any one person is £15,000.

One advantage of the relatively late development of the Isle of Man as

an offshore financial centre is the friendliness of the people working in the financial sector (and elsewhere on the island). Modest deposits are welcome here and even the smaller customers get individual attention.

There are daily flights to the island from Manchester, Liverpool and London Heathrow. The city of Douglas where all the financial institutions are based, within easy distance of one another, is 10 minutes by taxi from the airport. The island is more difficult to get to from France than the Channel Islands, but if you want to make a deposit, a visit isn't necessary.