Isle of Man - Shipping and Aircraft Registration

Shipping

In July 1985 the Isle of Man became a full convention shipping nation. The Isle of Man has its own shipping surveyors and a considerable tonnage is registered on the island's Shipping Register.

To be registered as a British ship in the Isle of Man the ship has to be owned by British subjects or a body corporate established under, and subject to, the laws of Her Majesty's Dominions, and having a principal place of business within those Dominions.

As well as ship owning companies, it is possible to establish ship management companies that could benefit from tax exemptions in the Isle of Man.

Aircraft

The Isle of Man operates an aircraft register, of interest in particular to private owners of business jet aircraft. Not only is the Isle of Man a respected jurisdiction but a number of tax efficiencies are also available.