Fees and timelines in 2024


payment by instalmentIsle of Man company incorporation costs in Year 1 amount to £4,540 and annual company costs in Year 2 and thereafter amount to £2,200. The average total fees per Isle of Man engagement amounts to £12,970, including company incorporation, company secretary, corporate bank account, and legal registered office. Refer to draft invoice embedded here.

Different Isle of Man entity types Cost Draft invoice
LLC (pass-through) £12,970 View invoice PDF
Private limited company £9,590 View invoice PDF

Click here to create your own Isle of Man invoice


The average time period required to setup a company in Isle of Man is 10 weeks as outlined below:

Isle of Man business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Isle of Man, please contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi