The Isle of Man Government is proposing to amend the Limited Liability Companies Act 1996 (here, pdf) in order to permit an LLC to be formed with a single member (two are currently required). Further information is available in the consultation paper available here (pdf). The change will be made by the Limited Liability Companies (Amendment) Bill 2013, a draft of which is available here (pdf).
Thursday, 8 August 2013
Isle of Man: Government consults on the introduction of one member LLCs
The Isle of Man Government is proposing to amend the Limited Liability Companies Act 1996 (here, pdf) in order to permit an LLC to be formed with a single member (two are currently required). Further information is available in the consultation paper available here (pdf). The change will be made by the Limited Liability Companies (Amendment) Bill 2013, a draft of which is available here (pdf).
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