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The Isle of Man has also enacted legislation for businesses dealing with cryptocurrencies. The Designated Business (Registration and Oversight) Act 2015 regulates cryptocurrency businesses, such as exchanges, and requires them to register with the Isle of Man Financial Supervision Commission and comply with Anti-Money Laundering and Countering TerroThe Isle ...
One major difference between the Isle of Man and other low tax jurisdictions is that we are part of the UK for VAT purposes. This can give rise to a number of advantages. At a basic level there is the opportunity for UK inward investors to arrange for VAT registration, without the risk of a taxable presence in the UK. The Isle of Man is also an ideal locatio...
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