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Old 26th Aug 2007, 17:37
  #29 (permalink)  
ginz
 
Join Date: Mar 2007
Location: Cumbria
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Some misconceptions !

The Isle of Man has many differing and beneficial Tax Rules to anywhere else !

For a start the Company Tax rate is zero.

As regards to the benefits of the IOM register one of the main benefits is ESCAPE from CAA burocracy, the register recognises most ICAO licences and will endorse them to fly M reg aircraft........you work it out !!

The register has no need to employ certification personnel etc., it uses consultants.

In a nutshell the IOM has a very successful shipping register, the Aircraft Register will be just as successful.

The IOM is NOT part of the UK it IS part of the British Isles.

The IOM is NOT a member state of the EU.

Hope this helps.
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