The professional services sector on the Isle of Man includes organisations from several professions; predominantly legal and accountancy, but also includes the compliance and risk management professions.
The professional services industry is a very well established sector on the Isle of Man, it is a cornerstone of the economy and continues to grow year on year. The expertise of the Island’s lawyers, accountants, auditors, tax advisers and other professionals offer full services in all aspects of company law and tax planning serving local and international clients for a hundred plus years.
All the major international accountancy networks including a number of mid-tier accountancy practices are based on the Island.
The Island is also home to many global law firms, with local practices consistently ranked in the tier one of legal directories.
To support professional services on the Isle of Man there are a number of associations and societies. They offer a differing function for each industry they cover, from self-regulation and membership for organisations to individual memberships for professionals. Some organise regular social events, perfect for networking, and continued professional development (CPD).