Seen as a natural addition to the Island’s premier Ship Registry, the Isle of Man Aircraft Registry was launched in 2007 as the only dedicated corporate aircraft register in Europe, to provide a customer focused service for the registration of high quality (non commercial) private jets, corporate jets and high quality turbine-engine helicopters.
The benefits available to the aviation sector in the Isle of Man are:
- Access to a world leading private register with:
– a competitive schedule of charges
– very efficient and high service standards
– high regulatory standards - The ‘M’ registration prefix is deemed a neutral Nationality prefix and provides for some interesting cherished registrations, i.e. M-AGIC and M-ONEY
- Secure mortgage register
- Corporate tax rate of 0% on commercial ownership entities
- Stable legal and political environment
- Ability to register for VAT in the Isle of Man
- Efficient Customs & Excise office which facilitates timely VAT importations
- No insurance premium tax (6% in UK)
- European time zone
- Professional infrastructure with experience in aviation finance
Cavendish Trust has an experienced in house team of professionals with the necessary skill base and a proven track record to advise on:
- aircraft ownership structuring
- aircraft registrations on the Isle of Man Register and other international private registers
- Isle of Man importation options and processes, to include the use of our SIVA (VAT deferment) account, where necessary
- wider wealth management choices
Our aviation team is dedicated to the delivery of comprehensive, cost effective, high quality management for all types of aircraft and international aircraft ownership structures and has strong working relationships with all required external authorities and professionals.
Please contact the following members of our team with any Aviation enquiries:
James Cunningham-Davis – Email: jcd@cavendishtrust.com
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