The fiduciary services industry in the Isle of Man is well established and the Isle of Man can rightly claim to be a centre of excellence for company and trust administration services.
The Isle of Man offers an excellent location for trusts as it is a common law jurisdiction and has adopted the principles of Equity as they developed in the English courts.
There are over 200 licensed Corporate and Trust Service Providers (CSP's and TSP's) who provide a full range of company and trust services to entities incorporated in the Isle of Man plus other offshore jurisdictions. The incorporation of companies and the provision of services to companies and trusts in the Isle of Man generally is regulated by the Isle of Man Financial Services Authority.
It also has a number of corporate law statutes which co-exist to provide a choice of corporate form. These include: