The

Isle of Man ) , anthem = "O Land of Our Birth" , image = Isle of Man by Sentinel-2.jpg , image_map = Europe-Isle_of_Man.svg , mapsize = , map_alt = Location of the Isle of Man in Europe , map_caption = Location of the Isle of Man (green) in Europe ...

is a self-governing crown dependency in the

Irish Sea The Irish Sea or , gv, Y Keayn Yernagh, sco, Erse Sie, gd, Muir Èireann , Ulster-Scots: ''Airish Sea'', cy, Môr Iwerddon . is an extensive body of water that separates the islands of Ireland and Great Britain. It is linked to the Ce ...

between

England England is a country that is part of the United Kingdom. It shares land borders with Wales to its west and Scotland to its north. The Irish Sea lies northwest and the Celtic Sea to the southwest. It is separated from continental Europe b ...

and

Northern Ireland Northern Ireland ( ga, Tuaisceart Éireann ; sco, label= Ulster-Scots, Norlin Airlann) is a part of the United Kingdom, situated in the north-east of the island of Ireland, that is variously described as a country, province or region. Nort ...

. The

head of state A head of state (or chief of state) is the public persona who officially embodies a state Foakes, pp. 110–11 " he head of statebeing an embodiment of the State itself or representatitve of its international persona." in its unity and l ...

Queen Elizabeth II Elizabeth II (Elizabeth Alexandra Mary; 21 April 1926 – 8 September 2022) was Queen of the United Kingdom and other Commonwealth realms from 6 February 1952 until Death and state funeral of Elizabeth II, her death in 2022. She was queen ...

, who holds the title of Lord of Mann. The Lord of Mann is represented by a

lieutenant governor A lieutenant governor, lieutenant-governor, or vice governor is a high officer of state, whose precise role and rank vary by jurisdiction. Often a lieutenant governor is the deputy, or lieutenant, to or ranked under a governor — a "second-in-comm ...

. Foreign relations and defence are the responsibility of the British Government. The Isle of Man is a low-tax economy with no capital gains tax,

wealth tax A wealth tax (also called a capital tax or equity tax) is a tax on an entity's holdings of assets. This includes the total value of personal assets, including cash, bank deposits, real estate, assets in insurance and pension plans, ownershi ...

stamp duty Stamp duty is a tax that is levied on single property purchases or documents (including, historically, the majority of legal documents such as cheques, receipts, military commissions, marriage licences and land transactions). A physical revenu ...

, or

inheritance tax An inheritance tax is a tax paid by a person who inherits money or property of a person who has died, whereas an estate tax is a levy on the estate (money and property) of a person who has died. International tax law distinguishes between an es ...

and a top rate of

income tax An income tax is a tax imposed on individuals or entities (taxpayers) in respect of the income or profits earned by them (commonly called taxable income). Income tax generally is computed as the product of a tax rate times the taxable income. Tax ...

of 20%. The rate of corporation tax is 0% for almost all types of income; the only exceptions are that the profits of banks are taxed at 10%, as is rental (or other) income from land and buildings situated on the Isle of Man.Forget Monaco: Isle of Man cuts tax to tempt super-rich – Tax, Money – Independent.co.uk
Offshore banking, manufacturing, and tourism form key sectors of the economy. Agriculture and fishing, once the mainstays of the economy, now make declining contributions to the island's

Gross Domestic Product Gross domestic product (GDP) is a money, monetary Measurement in economics, measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjec ...

(GDP).

Notable firms

This list includes notable companies with primary

headquarters Headquarters (commonly referred to as HQ) denotes the location where most, if not all, of the important functions of an organization are coordinated. In the United States, the corporate headquarters represents the entity at the center or the to ...

located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct. File:Peel - Peel Bay Beach - geograph.org.uk - 1719663.jpg, Peel is the island's main fishing port. File:Peel P50 at Manx Transport Museum, Peel, Isle of Man (7965563148).jpg, Peel P50 at Manx Transport Museum, Peel File:Manannan Douglas.jpg,

HSC Manannan HSC ''Manannan'' is a wave-piercing high-speed catamaran car ferry built by Incat, Australia in 1998. After commercial service in Australia and New Zealand, she was chartered to the US military as ''Joint Venture'' (HSV-X1). Now owned and oper ...

Douglas, Isle of Man Douglas ( gv, Doolish, ) is the capital and largest town of the Isle of Man, with a population of 26,677 (2021). It is located at the mouth of the River Douglas, and on a sweeping bay of . The River Douglas forms part of the town's harbour ...

. File:Manx Telecom headquarters.jpg,

Manx Telecom , logo = , caption = , type = Subsidiary , location_city = Braddan , location_country = Isle of Man , area_served = Worldwide , key_people = Gary Lamb Kevin Walsh , industry = Tel ...

headquarters in the Isle of Man Business Park, Douglas.

References

{{DEFAULTSORT:Companies Of The Isle Of Man

Isle of Man-related lists An isle is an island, land surrounded by water. The term is very common in British English. However, there is no clear agreement on what makes an island an isle or its difference, so they are considered synonyms. Isle may refer to: Geography * Is ...

Lists of organisations based in the Isle of Man