Isle of Man Trusts Benefits Privacy and confidentiality
No information released on public records
No income taxes for non-resident beneficiaries
No Capital Gains, Inheritance, Gift, or Estate Taxes

Isle of Man
Wealth and Business Trust

Business Package
Including Corporate Bank Account

Set-up Fee £2,250
+

Government License fee – £380
Security deposit for extra registration charges – £250
Initial Compliance and Due Diligence – £550
FATCA registration and categorization – £390
Local resident Trustees required (*)

 

(*)
Resident Trustees (not included) – £1,800
The Trustee, although legally required, should be local and licensed. As alternative to this local Trustee, you can consider a PTC (Private Trust Company) exclusively registered for the management of your Trust, in this case, fully owned and managed by you or someone else appointed by you for this specific purpose.

Please find our listing below “Optional Services”

Pricing

Atrium provides straightforward, upfront and affordable pricing. Your Trust will be formed for a flat fee £2,250, including the provision of corporate bank account, and depending on the selected Package you will decide for, as most suitable for your business project.

List of documents included

The Certificate of Registration
The Trust Deed (Declaration of Trust)
First Trustees’ Minutes of Meeting
A Trust head office (Registered address and Agent)
Resolution for the appointment of initial Protector
Corporate Management and Compliance Services, to keep the Trust full and legally compliant, for 1st Year
On-going verification that the Trust complies with local laws, for 1st Year
A fully dedicated agent from Atrium at your service for first year

List of Free services included

30 Minute Consultation with one of our Experts
Unlimited Live Phone and Email Support!
Initial Document Preparation within 24 Hours!
Preliminary Name Search!
PDF Document Review before Filing!
Customized Trust Deed!
Post Formation Legal and Tax Support!
PDF Copy of Filed Trust Deed!
PDF Copies of All Customized Paperwork!
Digital Trust Kit!

Optional Services

Assistance with trust drafting – £650
Set of Certified Corporate documents – £175
Set of Certified and apostilled corporate documents – £350
Certified apostilled Power of Attorney – £425
Express courier services (DHL, FedEx, TNT or other) – £90

Annual Fees from 2nd and subsequent years

Government License Fee, payable to the Registrar of Companies – £380
Provision of Local Registered office and Registered Agent, as legally required – £1,950
Annual Compliance Review – £750
Annual Corporate Management Service, as legally required by IOM Laws – £900
FATCA categorization and analysis – £390
Corporate Management and Compliance Service fees as required under Isle of Man Laws – £900

Remarks

(a) The above description is not an offer or soliciting to provide financial services of any kind inclusive but not limited to buying any security or investment product or receiving an investment advice from us. Bank fees and account opening terms inclusive due diligence requirements are subject to change from time to time without notice;
(b) After the account has been opened you deal directly with the bank by yourself, entirely at your own risk and at your sole discretion; we may not be responsible for any changes in the legal or financial status, requirements, fees and commissions of the aforesaid Banks.
(c) If extra legalization and/or corporate documents are required by the bank, additional fees apply;
(d) Some banks reserve the right to charge some account opening fees (own opening fees); if any, they will be charged from the first deposit to your account;
(e) Bank fees and costs are not included in our bank account opening service fees;
(f) Any of the banks above always have their final word, after due diligence processed, by accepting you or not as their customers, depending on their own evaluation; however, you are always free to open your Trust’s bank account by yourself, with some other bank of your selection.

Our Services

Our Services before you deal directly with the bank by yourself:

Independent advice to help you to choose the right bank;
Support regarding due diligence requirements;
Assistance with filling in the required forms;
Provision of properly legalized corporate documentation where applicable;
Recommending you to the bank based on your individual profile and due diligence documentation;
Representing you before the bank during account opening;

Our bank account introduction is a professional service provided by Atrium to European or Offshore Trust owners as an approved bank intermediary. While we cannot guarantee the bank will open an account for every client, by using our professional expertise, we can significantly increase the success rate for account opening. We also can reduce potential application hold ups with incorrect or missing documents that the client may not have been aware of.

Factors we consider when recommending banks for account opening: client’s citizenship and country of residence, types of transactions involved (trading / manufacturing / real estate / investment), volume of payment transfers, investment requirements, confidentiality, soft currency requirements, as well as language issues when communicating with the bank.

Virtual Office Packages – Inclusions

Standard Package– allowing you to receive all mail addressed to your Company including mail forwarding service, to your own address overseas, wherever you are (US$450)

Premium Package– same services as those included in our Standard Package plus exclusive telephone line; all calls will be automatically diverted to your own number overseas. (US$700)

Term: 1 year, renewable

Limassol, Cyprus
Belfast, Scotland
Dublin, Ireland
London, UK
Madrid, Spain
Toronto, Ontario, Canada
Victoria, BC, Canada
Wilmington, DE, USA
Limassol, Cyprus
Belfast, Scotland
Dublin, Ireland
London, UK
Madrid, Spain
Toronto, Ontario, Canada
Victoria, BC, Canada
Wilmington, DE, USA

With or without a Virtual Office, your Company will still have its registered office at the Country of Incorporation

Should you have any question or matter you
would like to discuss or clarify with us

or

Should you like to receive further Information
about our services and fees, ……

Our Business Development Managers Team will be ready to guide and assist you!

Contact Us Now!

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