The Isle of Man is the proud home of a diverse range of business clusters, with a number of export focussed and domestic industries recognised for their performance and expertise.
Business Isle of Man supports businesses involved in the export of physical goods, serving sectors such as aerospace, precision manufacturing, biomed and food and drink, all underpinned by a well-developed infrastructure and environment.
Business Isle of Man is also responsible for the Island’s domestic economy, coordinating the promotion and development of opportunities within construction, retail, logistics, medical and care, and private education.
Digital Isle of Man was created to support the tech sector, developing and implementing a strategy to support sustainable economic growth and establishing the Island as a centre of international excellence for the digital economy.
As the digital industry has grown worldwide, tech-based companies on the Isle of Man have followed suit with the sector now accounting for 30% of the Island’s economy. It’s a particularly diverse area, spanning eGaming, esports, Fintech, blockchain, IoT, technology, payments, media and film.
The Isle of Man is renowned for quality in the provision of financial and professional services including banking, insurance, fiduciaries, fund and wealth management, and pensions.
With decades of experience and international recognition, the Island’s finance sector is testament to the financially rewarding ecosystem in the Isle of Man and the accessible support and assistance available for businesses looking to start, grow and locate.
Finance Isle of Man is responsible for promoting and developing the Isle of Man’s significant financial and professional services industry, ensuring its recognition as an international financial centre of excellence.
As part of the Department for Enterprise, Locate Isle of Man has the key role of highlighting the benefits of living and working in the Isle of Man to people in the UK and further afield.
As a nation, the Island embraces its ‘special place to live and work’ ethos promoting social cohesion, protecting heritage and culture and raising awareness of the Isle of Man abroad while also providing opportunities for the public, private and third sectors to work together with a common purpose.
The Island offers an exceptional quality of life on an Island of outstanding natural beauty where companies and individuals alike can be a part of a strong and loyal community.
Visit Isle of Man promotes the Island as an exceptional place for visitors as well as realising the fullest economic growth potential of the Island as a visitor destination.
The Isle of Man is home to a distinct and comprehensive tourism offer, from the famous TT races and strong heritage and culture, to the Island’s natural beauty, wildlife and outdoor attractions, the Island’s appeal as a popular holiday choice is enduring and evolving.
Visit Isle of Man offers advice, support and resources for both people looking to visit the Isle of Man and businesses working in the visitor economy.
The Department for Enterprise offers a highly tailored personal service for businesses that can create jobs and benefit the economy. There are a range of support services available in conjunction with a wide variety of financial assistance schemes, creating an environment that enables businesses to thrive and flourish.
The Department has issued a guide for businesses focused on post-transition trading with the EU, following the UK's exit.
The Business Guide to Post-Transition Trading with the EU (following the UK's exit) covers cross border trade, taxation, currency risk, product regulations, intellectual property rights, legal issues, and employment and staffing considerations.
Click here to download the guide.