Why would you choose the Isle of Man to domicile your fund?

2 December 2024

The Isle of Man is a highly regarded international hub, known for its world-class regulatory framework and stable governance. Its size allows for agility in adapting to changing market conditions, fostering innovative solutions for today’s financial landscape. With a secure environment, breathtaking natural scenery, and easy access from the UK, Europe, and beyond, the Isle of Man can be an optimal solution for the setup of a fund. Also the Isle of Man became the first entire nation to become a UNESCO Biosphere region.

Why would an Investment Manager, or Investor, choose to use the Isle of Man for funds?

  • A simple & effective tax regime with 0% corporation tax.
  • No VAT on fees of fund administrators & investment managers (except for exempt schemes).
  • A lower cost jurisdiction than competitors.
  • The Isle of Man provides a comprehensive selection of local fund options, along with a full range of international alternatives (Cayman, BVI-domiciled).
  • The industry is well regulated with the funds administration & management sector being overseen by the Isle of Man Financial Services Authority – a proven, pragmatic regulator (Collective Investment Schemes Act 2008 sets out the statutory framework for the promotion & regulation of investment funds).
  • The Isle of Man offers a single stop solution - incorporation, domiciliation & administration of funds all within one jurisdiction.

Why Choose Suntera Global as your fund administrator?

We have designed our fund services for two equally important parties with varying needs:

You and your Investors. 

Our clients range from global emerging managers seeking to launch their first fund to established fund managers. Fund Managers share common operational needs, including the requirement for accurate and timely investor reporting. With our expertise and entrepreneurial approach, combined with a boutique service model, we enable fund managers to focus on what matters most—sourcing investments, attracting investors, and executing their strategies.

  • We can provide a full suite of fund administration services from preparation and maintenance of accounting records, bookkeeping and financial reporting to completing CoSec requirements and statutory obligations.
  • We have expertise across multiple asset classes including private credit, private equity, venture capital, real estate, infrastructure, environmental, hedge, esoteric and digital funds.
  • Our exemplary back-office functions are supported by reliable best in class technology.
  • We offer full support in relation to the preparation of financial statements, audit liaison and other essential third parties.
  • We can support in meeting tax reporting deadlines and completing FATCA, CRS and other automatic information exchange reporting requirements.
  • We provide full Shareholder Services as required to manage investor relations. 

For more information about this topic, please get in touch with Alex using the details below.

Visit our Funds overview page for information on our comprehensive range of boutique fund services.

 

Key Contact:

Alex Stokoe _ Profile (May 2024)        Alex Stokoe

        HEAD OF FUNDS – ISLE OF MAN

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