OUR SERVICES
When every client’s needs are unique, our various solutions are tailored to reflect the people who depend on us.
A personal approach and bespoke service offering enable our clients to grow their business and protect family wealth with complete trust and surety across a number of areas.
Registered OFFICE
An Isle of Man incorporated company must have a physical registered office on the Isle of Man. This will be registered and featured on the public record at the Isle of Man Companies Registry.
We would provide the registered office and hold all documents relating to the company that provides services including company registers, copy minutes, the memorandum, and articles of association.
%20(1).jpg)
Company Formation & ADMINISTRATION
Corporate vehicles can be utilised in a variety of ways and tailored to preserve and enhance wealth in succession planning. They can also be used as trading entities and investment holdings. At The Fortress Group, we can incorporate companies in multiple jurisdictions, depending on your specific requirements.
Our Company Formation & Administration include:
- Incorporation
- Provision of qualified and experienced directors
- Provision of company secretary, with secretarial services including:
- Establishment and maintenance of statutory records
- Compliance with all meeting requirements
- Preparation and filing of a company’s annual returns
- Maintenance of corporate documents
- Provision of a Registered Office and/or Registered Agent address alongside the relevant duties
- Provision of Nominee Shareholders
- Day-to-day administration
- Bookkeeping and preparation of periodic management and financial statements
- Completion and submission of tax returns and computations, including ongoing VAT compliance
- Automatic Exchange of Information (AEOI) filings
- If required, organising audits and liaising with external auditors
%20(1).jpg)
Registered AGENT
It is a requirement under the Isle of Man Companies Act 2006 to have a Registered Agent.
Only persons holding the appropriate licence granted by the Isle of Man Financial Supervision Authority may hold the title of Registered Agent. The Registered Agent is appointed to ensure proper record keeping and compliance with local regulatory obligations.
Foundations Formation & ADMINISTRATION
Foundations can be effective tools for protecting charitable intentions, private wealth, and assets. Foundations are viewed as a mixture between companies and trusts, and are established for a variety of reasons, including:
- Use in civil law jurisdictions that do not recognise trusts
- They are a separate legal personality from their foundation members
- They are able to enter into contracts and liabilities
- Charitable purposes
- Asset protection
- Succession and Estate Planning
- Preservation of family wealth
- Preventing forced heirship rules
- Protecting the interests of minors
Our services for foundation formation and administration include:
- Formation
- Working with legal advisors to draft the foundation instrument, rules, and other documents
- Acting as Registered Agent, council member and/or enforcer, with the accompanying duties
- Day-to-day administration
- Bookkeeping and preparation of periodic and annual financial statements
- Completion and submission of tax returns, including ongoing VAT compliance where applicable
- Automatic Exchange of Information (AEOI) filings
- If required, organising audits and liaising with external auditors
Redomiciliation
Redomiciliation is the process by which a company moves its domicile from one country to another.
Reasons for redomiciliation can vary from confidentiality to administrative and substance reasons. At The Fortress Group, we are able to facilitate this process from start to finish, whether you are redomiciling to or from the Isle of Man.
%202.jpg)
Trusts Formation & ADMINISTRATION
Trusts provide flexible approaches to maintaining privacy, helping to preserve family wealth, and protecting individuals against forced heirship rules.
Trusts are established for a variety of reasons including:
- Asset protection
- Succession and Estate Planning
- Preservation of family wealth
- Confidentiality
- Avoiding forced heirship rules
- Protecting the interests of minors
The types of trust we establish include:
- Discretionary Trusts
- Interest in Possession and Accumulation and Maintenance Trusts
- Special Purpose Trusts
For trust formation and administration, our services include:
- Formation
- Working with legal advisors to draft the Trust Deed and other documents
- Provision of individual or corporate professional trustee, and/or other supervisory roles i.e. protector
- Day-to-day administration
- Bookkeeping and preparation of financial statements
- Completion and submission of tax returns and computations, including ongoing VAT compliance where applicable
- Automatic Exchange of Information (AEOI) filings
- If required, organising audits and liaising with external auditors
Accounting
Our experienced and qualified accounts team perform various services for an extensive range of international companies, trusts, and foundations.
The department complies with many reporting requirements, and performs the following duties:
- Bookkeeping
- Bank Reconciliations
- Preparation of periodic management accounts and annual financial statements
- Preparation of Budgets
- Financial forecasting
- Cash flow analysis
- If required, organising audits and liaising with external auditors
Family Office ADMINISTRATION
No two families are the same. It’s why our family office service is as unique as our clients. Our close-knit establishment assists family offices by providing the means to help them structure their financial affairs both efficiently and within a discreet and welcoming environment.
The Fortress Group believes in safeguarding the interests of the families and individuals that we provide our services to, alongside meeting the requirements of the Isle of Man Financial Services Authority. Our independent management ensures that we can do this, enabling us to make decisions efficiently and flexibly, while also dedicating the time that every client needs and deserves.
Primarily, our work in this area is dedicated to managing the affairs of high net-worth families through the establishment of the appropriate corporate structure(s) and:
- Liaising with external professional advisors, intermediaries, and authorities as required
- Taking on supervisory roles such as director, trustee, and/or council member
- Overseeing corporate governance
- Providing independent fiduciary services
- Secretarial, bookkeeping, and administrative services
- Cash management and banking services
- Preparation of budgets and cash flow analyses
- Maintenance of financial and accounting records
- Preparation of regular management accounts
- Completion and submission of tax returns and computations, including ongoing VAT compliance where applicable
- If required, organising audits and liaising with external auditors
- Automatic Exchange of Information (AEOI) filings
TAX COMPLIANCE
Our experienced and qualified tax team perform various services for an extensive range of international companies, trusts and foundations.
The department complies with many reporting requirements, and completes the following calculations and returns for:
- Annual Tax on Enveloped Dwellings (ATED)
- UK Corporation Tax
- Capital Gains Tax
- Trust and Estate Tax
- Isle of Man Income Tax
- UK Corporation Tax
- Value Added Tax (VAT)
- Inheritance Tax
.jpg)
%20(1).jpg)
Tailored Services
We pride ourselves on the bespoke service we give to each individual client.
To discuss your personal requirements and how our network of services can assist you, please contact Edward Bennett or Emma Hall.
