Cost-efficient and supportive for Digital Asset Custody

The Isle of Man offers a uniquely cost-efficient and supportive environment for Digital Asset Custody (“DAC”). The regulatory environment ensures the industry is crime-free while providing a conducive framework in supporting growth.

DAC providers face challenges with fiat banking, unsupportive regulations, single-license concentration risk, and compliance and operational costs. The Isle of Man solves these challenges.

One can register as a Designated Business with the Financial Services Authority (“FSA”) and conduct legitimate business in a safe, supportive, zero tax jurisdiction with a clean international reputation.

Key features

The Isle of Man offers a uniquely cost-efficient and supportive environment for Digital Asset Custody:

  • 0% corporate tax
  • Four weeks to incorporate and register as a custody provider
  • Access to bank accounts and crypto-friendly clearing bank
  • Government support for up to 40% capital expenditure
  • World-class technology infrastructure
  • Easy access to politicians and key decision-makers
  • Access to syndicate networks, market-makers and OTC desks
     
     

    Unique expertise in establishing blockchain businesses and managing regulatory affairs

    We have extensive hands-on experience designing and operating blockchain businesses. Our experience includes the Isle of Man’s first hard-capped ICO, first blockchain gambling license, the professionalisation of syndicates into exempt funds, passing the first crypto-audit and successfully obtain fiat banking for digital asset exchanges globally.