Compare jurisdictions side by side
See 2 or 3 jurisdictions side by side: all-in cost for year 1 and year 2, headline tax, audit, registers and time to form. Hong Kong is a good fit for trade with China & Asia, territorial tax. Singapore is a good fit for Asia HQ, investors, treaties with around 100 jurisdictions. British Virgin Islands is a good fit for holding, JV, investment vehicle.
| Comparing3 jurisdictions | Ireland | Isle of Man | United Kingdom |
|---|---|---|---|
| Cost | |||
| Year 1 all-in | IrelandUS$3,799 | Isle of ManUS$5,299 | United KingdomUS$1,259✓ Lowest |
| From year 2 | IrelandUS$1,520 | Isle of ManUS$2,892 | United KingdomUS$1,129 |
| 3-year cost (Starter) | IrelandUS$6,699 | Isle of ManUS$10,899 | United KingdomUS$3,517 |
| Tax & reporting | |||
| Headline tax | Ireland12.5% trading / 25% non-trading | Isle of Man0% standard✓ Best | United Kingdom19% / 25% |
| Annual audit | IrelandIf not small | Isle of ManNo* | United KingdomIf not small |
| Public register | IrelandPublic | Isle of ManCompany register public; BO register not public | United KingdomPublic |
| Setup | |||
| Type | IrelandOnshore | Isle of ManMidshore | United KingdomOnshore |
| Entity | IrelandPrivate Limited (LTD) | Isle of ManPrivate Limited | United KingdomPrivate Limited (Ltd) |
| Minimum directors | Ireland1 + EEA / bond | Isle of Man1 + licensed registered agent | United Kingdom1 |
| Legal system | IrelandCommon | Isle of ManCommon | United KingdomCommon |
| Time to form | Ireland5–10 days | Isle of Man2–5 days | United Kingdom1–2 days |
| Best for | IrelandEU HQ for tech | Isle of ManHolding, e-gaming | United KingdomUK and international trading, low running cost |
Ask about this comparison
AI answers from OCC’s published jurisdiction facts · no sign-up
Which one for your situation
You need a business bank account soon
Hong Kong or Singapore. Banks usually find onshore companies easier to assess, but each bank decides.
You want a lower running cost
British Virgin Islands, from US$1,795 a year based on published year-2 prices.
You only hold shares or other assets
British Virgin Islands. Your home country may still tax the income, so check that first (confirm with your specialist).
You need it fast
Hong Kong, typically 1–2 business days after KYC approval.
General guidance based on headline rules, not tax or legal advice. Your specialist confirms how tax residency, substance and banking apply to you before you pay.