Andco Corporate Services Limited is a privately owned fiduciary services business specialising principally in the management of offshore companies investing in UK real estate and the associated accounting activity, and offering a discreet, high level service to its global network of clients.
Established in 1993 and managed and controlled by its owners, Ned Bowers ACA and John Murphy, both of whom remain at the forefront throughout every transaction and lead small, close-knit teams that stay with the clients for the long term, allowing them to develop relationships with our clients and a genuine, in-depth understanding of their businesses.
What we do
Incorporation and management of companies in the Isle of Man including the provision of a board of professional Isle of Man resident directors.
Real estate deal structuring and financing through a network of lenders.
Property accounting services including Tax and VAT.
Our teams have a specialist knowledge and understanding of the marketplace from managing companies that own a single shop investment to others that own large portfolios, development sites and high value city centre mixed use schemes.
The key to our reputation is an uncompromising focus on client service, and an iron grip on quality control. We provide a discreet but highly professional service to a select portfolio of clients, taking new business only from professional introducers. Growth is carefully controlled with the emphasis on professional service and reliability, on quality rather than quantity.
Andco is licensed to provide Corporate Services by the Isle of Man Financial Services Authority, and holds a Class 4 licence. As a licensed fiduciary services business, Andco is subject to a strict regulatory regime thus ensuring the highest possible standards of corporate governance are maintained.
The Isle of Man
The Isle of Man is a well regulated, mature offshore financial centre offering a favourable taxation regime with many benefits to investors in UK real estate including:
Tax efficient structures for UK property investment.
0% rate of corporate tax in the Isle of Man for offshore investors.
VAT benefits - the Isle of Man and the UK effectively operate as one area for VAT purposes. VAT registrations are handled efficiently and quickly by the local VAT office in the Isle of Man, often an important consideration for investors in UK real estate.
No capital gains taxes on gains arising in the UK.
Confidentiality - no registration of beneficial ownership and the opportunity to use nominee shareholders.
The Isle of Man is a 'Common Law' jurisdiction. With a few exceptions, the Isle of Man closely follows English legal precedents and legislation.
Professional services - the Isle of Man offers a well established professional services industry, represented by leading firms in the fields of Law, Accountancy Banking and Insurance.
Edward (Ned) Bowers - Ned qualified as a member of the Institute of Chartered Accountants in England and Wales in 1979. He has remained a practising member gaining extensive knowledge and experience within that profession. In 1990 he founded his own Chartered Accountancy practice and with increasing specialisation within the offshore finance industry, founded Andco in 1993. Initially Andco provided general services to a range of businesses, later developing a specialism in the management of real estate companies and with it. the sourcing of structured commercial finance.
John Murphy - John has over 25 years experience in both the onshore and offshore banking industry gained during his employment with RBS where he headed up the Isle of Man Real Estate Finance team. John joined Andco in 2003 and has applied his extensive experience in Real Estate and Finance to the benetit of Andco's clients. John is recognised within the Isle of Man for his experience and expertise within the offshore property management world and holds a number of executive and non-executive directorships.
how to find us
Andco Corporate Services Ltd.
2a Lord Street,
Isle of Man,
+44 1624 623731Telephone:
get in touch
Andco Corporate Services Limited
is committed to protecting your privacy when using our website. This statement explains how we use information you give us and the ways in which we protect your privacy. We may be required to change it from time to time so we recommend checking this statement occasionally.
This privacy statement applies only to our web site at http://www.andco.im. Wherever we link to other sites not covered by this privacy statement we will title links appropriately so the user is aware that they are being forwarded to a third party site.
The Data Protection Act of 1998
We treat all personal information (which means any data from which you can be identified, including your name, address, e-mail address etc.) that you provide to us, or that we obtain from you, in accordance with the provisions of the Data Protection Act. Under this Act, we have a legal duty to protect any information we collect from you. We use leading technologies and encryption software to safeguard your data, and keep strict security standards to prevent any unauthorised access to it.
Any amendments to this policy will continue to be in accordance with the provisions of the Data Protection Act 1998. The Data Protection Act 1998 can be reviewed at The Information Commissioner's Office web site at http://www.ico.gov.uk
The information we collect and how it is used
We collect personal data from any e-mails which you send to us. The personal data we collect will in most instances be specifically used to respond to an enquiry or information request or to provide you with goods or services. Occasionally it may be used to allow us to develop our site to enhance the on-line experience of our users.
We never pass your personal information to any other parties unless we have first obtained your express permission to do so. If this is the case, we will state who these carefully selected third parties are so you can make an informed decision before granting your permission. You will always be offered the choice to opt out.
Your personal information will be used only for the purposes of communicating with you in relation to our goods or services, to enable us to review, develop and improve the services we offer, or for any other purposes to which you have given your consent.
We also maintain log files that allow us to record visitors' use of the site. Log files provide us with statistical information on how people use the site and what content people are viewing. Log files do not contain any personal information and they are not used to identify any individual patterns of use of the site.
Disclosure of users' personal data to third parties
We do not disclose your personal data to any third parties without your permission except insofar as you have consented to such disclosure or we are required to do so by law for information such as a court order, witness summons, or complaint from governmental authorities.
Keeping your data secure
We have put in place appropriate physical and electronic measures, security policies and managerial procedures to safeguard and secure the personal data that we have under our control from unauthorised access, improper use, alteration, unlawful or accidental destruction or accidental loss.
Only authorised employees will have access to your personal information. All employees who have access to your personal data are contractually obliged to respect the confidentiality of your personal data.
While we strive to protect your personal information, we cannot guarantee the security of the information you transmit to us. In this regard, we urge you to take every precaution to protect your personal data while you are on the Internet.
Contacting us and access to personal data You have the right to request a copy of the information we hold on you. You may also request amendments to any personal data that we are holding about you which is factually inaccurate.
To request a copy of your personal information, contact us using the details below. There may be a fee involved in providing this data and you will be expected to provide proof of identity. Insofar as the law permits, however, we reserve the right to refuse to provide you with information. In this eventuality we will give you with the reasons for refusal.
If you have any other questions or concerns about our privacy statement and practices please contact us at info at andco dot im