Situated in the centre of the British Isles, the Isle of Man is
not part of the United Kingdom, and is instead an internally
self-governing dependent territory of the Crown.
It is an established and respected international finance centre, built on political and fiscal stability, low taxation and a fully supported modern infrastructure. The island is also quickly establishing itself as a leading e-commerce platform, thanks to funding provided by the Government.
Tynwald, the Island's 1000 year old Parliament, makes its own laws and oversees all internal administration, fiscal and social policies. Both individuals and companies resident here enjoy complete independence from the United Kingdom on matters of direct taxation (the Island's taxation system is quite separate from that of its neighbour).
Although not directly a member of the European Union, the island does have a special relationship with it - set out in Protocol 3 to the United Kingdom's Treaty of Accession.