In DQ, we have substantial experience of acquisitions for a vast array of corporate clients, from local trading businesses to banks and insurance companies, listed groups, international e-gaming companies, mining companies and hedge funds. DQ’s lawyers are leading advisers in this field on the Isle of Man.
Isle of Man companies’ legislation provides a number of options to companies looking for potential sales or acquisitions. As an alternative to the more typical methods of simple outright aquisition, statutory drag along provisions or schemes of arrangement, the Isle of Man Companies Act 2006 provides the alternatives of mergers (company A merges with company B, with company A continuing) and consolidations (company A merges with company B, creating a new company C) requiring only 75% shareholder approval, and without the requirement of Court sanction.
This merger and consolidation process dramatically speeds up acquisitions which would otherwise require a court sanctioned scheme, whilst also reducing the cost substantially. When taking into account the Isle of Man’s zero corporate tax rate and zero stamp duty, the Isle of Man becomes the ideal jurisdiction for companies looking to expand through acquisition and private companies planning their exit options for the future.
Mark provides 'quick turnaround and good commercial advice'
Annemarie gives "solid and understandable advice on complex issues"
Annemarie is "strong on detail and presents it in an intelligible manner"
Clients praise Mark's "ability to think outside the box in terms of getting a transaction completed."
"The 'impecabble' DQ Advocates provides 'absolutely excellent service'"
"They offer a mixture of user-friendliness, responsiveness and quality output at the right pricing level."
Mark is "personable, understands the issues and can tell what's important"
DQ is 'organised and efficient'
"The firm has showed a high level of industry knowledge and deep and comprehensive understanding of clients’ needs."
Annemarie "gives balanced and clear advice on complex issues"
Mark is 'helpful and responsive'
"They are very understanding of commercial requirements, very hard working and legally up to speed."
"The firm’s team showed high commitment to providing extraordinary quality legal services in a responsive and creative fashion, always focusing on creating value for the client."
"A forward thinking firm with a good understanding of the insurance and pensions sector"
Mark is "responsive, thorough and always available".
"provides great advice and quick turn around times"