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Protected Cell Companies are a special purpose vehicle used to provide legal segregation of assets offering flexibility and security for clients.
I have been asked numerous times since June 2016 what impact Brexit will have on the Isle of Man and the businesses that operate here. Perhaps not surprisingly, nearly three years after the referendum it remains difficult to give an answer of any real substance, but I thought it might be useful to provide some background to the Island’s current position, together with a few of the differing ideas as to what the future might hold.
The Isle of Man is proud of its innovative and entrepreneurial spirit that, over the years, has been achieved by individuals and businesses identifying what the Island is good at, building a good rapport with the local Government, and supporting each other with new ideas to accommodate growing businesses that will benefit the Island.