Isle of Man Public Companies

There is only one point of to recommend Isle of Man Public Companies in an international context which is that the 2006 Companies Act has done away with the notion of share capital but retained the suffix 'plc' or 'public limited company' meaning that it is effectively possible to register an Isle of Man private company which appears to be a plc at a relatively very low cost and with no capitalization requirements. This is a very cheap way to form a vehicle which has a name such as ABC Plc but which is not really a plc by any other standard. For more information on the operation of such companies please see our main article on private limited companies in the Isle of Man. For more information about Plcs in general please see our main article on public limited companies in the product section of the website.