ene 06 2011
Isle of Man
The Isle of Man has a long and distinguished maritime history and today is recognised as an important Flag jurisdiction.
Some of the key benefits for registering in the Isle of Man include: Favourable tax treatment
- A Barboad (Demise) Charter Register enabling vessels to be demise Chartered registered
- The prestige of the British Red Ensign and the support of consular services
- A quick and efficient registration process
- Flexibility in registered ownership requirements
- A one-off low initial registration fee
- No annual tonnage tax
- Beneficial VAT arrangements
- Security of mortgages on the Island
Classification
The Classification Societies recognised by the Isle of Man Ship Registry are:
- Lloyds Register of Shipping (LR)
- Germanischer Lloyd (GL)
- American Bureau of Shipping (ABS)
- Registro Italiano Navale (RINA)
- Nippon Kaiji Kyokai (Class NK)
- Bureau Veritas (BV)
- Det Norske Veritas (DNV)
