Isle of Man

The Isle of Man, located in the geographic center of the Irish Sea, and although it is technically a part of the United Kingdom, but has its own government and a low tax economy. While all of our offshore jurisdictions are much respected in the financial community, the Isle of Man holds a certain cache tanks to its proud history of stability in all matters economic, political and governmental. It is home to the world’s oldest continuously running Parliament!

While all vessel owners can benefit an extremely friendly tax environment including for the VAT and a professional, easy registration procedure, ship owners in particular enjoy tax-free tonnage and low fees for registering their ship. IACS-recognized societies for the Isle of Man include:

American Bureau of Shipping
Bureau Veritas
Det Norske Veritas
Germanischer Lloyd
Lloyds Register of Shipping
Nippon Kaiji Kyokai
Registro Italiano Navale

If you’re interested in learning more about how registering your yacht or ship with the prestigious Isle of Man can be to your financial advantage, please do not hesitate to contact us at your earliest possible convenience.