The most common form of trust is where someone (known as the “Settlor”) makes a transfer of property during his lifetime (an “inter-vivos” gift) to another (known as a “Trustee”)
Isle of Man companies with beneficial owners who are not Isle of Man residents benefit from a rate of Isle of Man income tax of 0% (zero). This makes an Isle of Man corporate entity very attractive to some clients.
Crossman is able to offer a full range of company secretarial services to client companies to ensure that they remain compliant with the requirements of local legislation.
Any accounting, audit or tax considerations are dealt with through UHY Crossleys LLC, a firm of Chartered Certified Accountants in the Isle of Man. Crossman is ultimately owned by the Directors of UHY Crossleys LLC.
Crossman Trust Company Limited was incorporated in the Isle of Man in July 1995.
The company is ultimately owned by the Directors of UHY Crossleys LLC, an Isle of Man firm of Chartered Certified Accountants, which has operated for more than 40 years.
Crossman’s principal activity is the formation, management and administration of client trusts and companies.
Since its formation, Crossman has developed a strong reputation of quality and integrity both in dealings with local and international clients and their professional advisers.
Crossman is a trust and corporate service provider under the terms of the Isle of Man Financial Services Act 2008 and is licensed by the Isle of Man Financial Services Authority.
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