Protected Cell Companies (PCC)

A protected cell company is a corporate vehicle with its own legal personality which allows for the division of the assets it owns into “cells”.  The assets, liabilities and any income generated by each cell remain separate to all other cells created within the Company.

Cellular assets can only be used to satisfy creditors of that cell and creditors of other cells within the PCC have no claim to them.

Limited Liability Companies (LLCs)

A Limited Liability Company has a corporate personality and limited liability however it is considered a look through vehicle for tax purposes.  They are commonly used for US planning purposes.

An Isle of Man LLC will be taxed as a partnership and if owned by non residents, and having no Isle of Man source of income, will be exempt from Isle of Man tax.

Limited Partnerships

A Limited Partnership must consist of one or more General Partners with unlimited liability and one or more Limited Partners.  The Limited Partners liability is limited to the amount of capital he contributes to the Partnership at the establishment of the Partnership.

Although Limited Partnerships are registered within the Isle of Man and governed by the Partnership Act 1909 they are not regarded as a Legal person in Manx Law.

Related Services

CompaniesPrivate Trustee Companies Investment Holding Companies