The Isle of Man Aircraft Register
The Isle of Man Aircraft Register was established in May 2007 as the first dedicated European based private and corporate aircraft registry. It was established to provide a customer focused service for the registration of high quality private and corporate jets and high quality turbine-engine helicopters. Isle of Man registered aircraft cannot be used for Commercial Air Transport.
Since its establishment the registry has registered nearly 200 aircraft, far outstripping the initial projections and making it one of the fastest growing registers worldwide.
The register operates under the auspices of the UK, as the Contracting State to the Chicago Convention.
The register offers the same high international standards as the familiar United Kingdom “G” prefix, though with a focused, customer service orientation and capabilities – yet with charges comfortably lower than other European and offshore registers.
All aircraft registered in the Isle of Man bear the prefix M, followed by four characters, for example, M-MANN, in the format of the major European registers.
Although the register is open to all non-commercial planes, it is has been of particular interest to professionally flown corporate aircraft, which are increasingly popular with business travellers wishing to circumvent the stress, congestion and inconvenience of commercial airline travel.
All users of the register will be able to benefit from the Isle of Man’s favourable tax regime and in addition there is no Isle of Man insurance premium tax (usually 5%).
The Isle of Man offers aircraft owners and operators the benefits of:
- OECD “White List”
- AAA rated jurisdiction by Standard and Poor’s
- Stable legal and political environment
- Professional infrastructure with experience in aviation finance and legal issues
- High service levels and quality international reputation
- High regulatory standards
- Neutral nationality registration mark
- A favourable and progressive tax regime
- Competitive scheme of charges
- Zero corporate tax
- No insurance premium tax (5% in UK)
- Security of mortgages registered on the Island
- Efficient, twenty-four hour, registration service
- The first dedicated corporate aircraft register service in a European time zone