Friday 30th July 2010

About




Capital City:                     Douglas
Location:                         Western Europe, an island in the Irish Sea, between Britain
                                      and Ireland
Area:                               572 Sq Miles
Form of state:                  Self Governing UK Crown dependency
Legal system:                  English common law and Manx statute
Head of State:                  Queen Elizabeth II
Chief Minister:                 Hon Tony Brown, MHK
Currency:                        Manx Pound (same as British Pound)
Population:                      80,058 (2006)
GDP Growth:                   5.9% (2005/06)
Main trading partners:       United Kingdom and Europe
Economic sectors:            Finance, Manufacturing, Tourist Industry, Construction, 
                                       Professional & Scientific services, Public Administration, 
                                       Agriculture and Fisheries, and Other Services
Sovereign rating:               AAA
European Union:               Not a member but enjoys free access to EU markets for goods
Corporate tax rate:            0% for resident trading companies, 
                                       10% for banks and insurance companies