Tuesday, 24 June 2014

Isle of Man: Limited Liability Companies (Amendment) Bill 2013 receives Royal Assent

The Limited Liability Companies (Amendment) Bill 2013 received Royal Assent on 17 June: see here (pdf, at line 4332). A copy of the Act is not yet available but a copy of the Bill as introduced is available here (pdf) and explanatory notes are available here (pdf). The new Act will make it possible to form single member limited liability companies on the Isle of Man.

Note also: a copy of the Foreign Companies Act 2014, which became law earlier this year, has been published on the Isle of Man legislation website: see here (pdf).

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