The manufacturing sector is a main provider of full time employment on the Island and is second only to finance in terms of growth and contribution to the economy. Some two hundred firms are engaged in this sector, varying from small firms to major employers all of which are eligible for support from the Government under a discretionary financial incentive scheme. Industrial concerns, ranging from small cottage industries to large factories, produce some 10% of the Island's 'national income and provide jobs for around 4,000 people. The Island has its own Customs and Excise Service and an agreement with the UK ensures that goods can move freely between the two countries without delay or documentation. This Customs and Excise Agreement enables trading companies managed from the Isle of Man to benefit from the EU compliant VAT systems when trading between European countries.

DTI Support to Industry


The Department of Trade and Industry is particularly keen to stimulate high value added industries which are compatible with the Islands superb environment.








Aids and Incentives for Industry


It is the policy of the Government of the Isle of Man to promote the continuing growth and diversification of the industrial sector and export businesses within the service sector in order to increase their contribution to the national income and to extend the range of employment and income earning opportunities assessible to Manx residents. Financial aids are available to established Island concerns and to incoming enterprises.

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