Baker Tilly Isle of Man are a part of Baker Tilly International which is the 7th largest advisory company, and are a leading firm of chartered accountants and business consultants. The firm’s ultimate aim is to provide their established and expanding client base with a bespoke service and professional expertise in accounting, audit, fiduciary services, luxury asset management, retirement solutions and a wide range of international business support and consultancy services.
Baker Tilly Isle of Man understand the needs of our clientele and work with our network of contacts and partners to ensure we deliver the best possible solutions to the highest standards. This is something we have been providing for decades, as the company has a history running back nearly 50 years.
In terms of our region, the Isle of Man is a selfgoverning British Crown Dependency centrally located in the Irish Sea between England, Scotland, Ireland and Wales. Over the years, it has become world renowned international business centre for innovation and professionalism.
Furthermore, the Island is OECD whitelisted and has received praise from the IMF and the G20 for its strong regulatory policies. As such, it is the perfect model of political stability and adopts best practice in international regulation and is responsive to international needs and requirements.
As a result, the Isle of Man has had one of the fastest growing economies in Europe during recent years and is in its 33rd year of continuous growth. Despite the challenges of the current global economy, the Island has still achieved current growth of 2.5% in real terms, and the Islands Gross Domestic Product (GDP) exceeds £2bn.
Business is attracted in various ways including a competitive tax regime, professional expertise, supportive government, world class telecoms infrastructure and sound financial regulation. A number of external bodies, including the International Monetary Fund, have confirmed that the Island’s defences against money laundering comply with the highest global standards, and that it co-operates fully in combating international financial crime.
In terms of Baker Tilly Isle of Man’s attributes, we are the seventh largest advisory company. It is represented by 165 firms in 141 countries with a combined fee income of US$3.8bn and more than 28,000 people worldwide. We have an excellent reputation in the market and cover a wide range of services which enables us to provide the client with the complete package and provide all services inhouse.
As a result of experience and expertise, Baker Tilly Isle of Man’s client base is wide and diverse. We serve both local and international clients in many different sectors. Our business comes from a number of sources including referrals, client visits, marketing and advertising.
Baker Tilly Isle of Man are a very people-orientated company and firmly believe that all of our staff members have a role to play and our company success depends on our employee’s performance. We create a well-rounded approach, where regular meetings between the management and staff ensure both the development of the company and that of the employee.
Moreover, all staff at Baker Tilly Isle of Man are aware of our goals and objectives – and we believe that employees who are well informed actually serve the client more efficiently – and become more engaged thus enhancing the ‘client experience’.
Whilst certain sectors in our market place are tight, Baker Tilly Isle of Man are continuing to flourish. We are growing both organically and also by acquisition. We have recently acquired a local trust company with a particular emphasis on Sub Saharan Africa.
However, there are many challenges facing our industry both locally and internationally. These include but are not limited to FATCA, CRS (Common Reporting Standards), BEPS (Base Erosion Profit Sharing) and on-going due diligence requirements.
Nonetheless, being a market leader means that Baker Tilly Isle of Man believe that we are well placed. We have quality staff and systems in place so as to ensure that our clients have a continuous, uninterrupted, compliant and efficient service
Name: David Stevenson
Email: david.stevenson@ bakertillyiom.com
Address: 2a Lord Street, Douglas, Isle of Man, IM99 1HP
Telephone: 0044 1624 693900
