Manx Aircraft Register
Join Date: Sep 2002
Location: Middlesesx
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I understand the tax`implications but fail to see what the real benefit is. To achieve this recognition the manx government will have had to set up a department and recruit someone with the skills to inspect a/c. Within a short time another country will be up and running and offering a better deal as I understand that financial rules apply to all EU members and Manx is also mandated to EU fiscal rules?
Join Date: Sep 2002
Location: Middlesesx
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It is is not a full member but it has signed into the EU tax scheme some years ago and is fully compliant to the same rules. It must also I would hazard buy into the same voluntary aviation policys permitting the 'M' reg to fly within the EU.
Join Date: Feb 2006
Location: Newcastle
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Hi
Hello
Can anyone tell me how many of the newly 'M' registered aircraft will actually be based on the Island ? Any info would be greatly appreciated !
Would loooove to be based there !
Roja
Can anyone tell me how many of the newly 'M' registered aircraft will actually be based on the Island ? Any info would be greatly appreciated !
Would loooove to be based there !
Roja
Join Date: May 2001
Location: up North
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About three..
In truth probably not a lot.
Latest confirmed list is:
M-ELON..Cessna CJ3................525B-0148...ex N148CJ
M-BWFC..Cessna 560XLS.............560-5690....ex N560FC
M-ICRO..Cessna 525A Citation CJ2..525A-0347...ex N5262X
M-ONTY..Sikorsky S-76B............760356......ex G-BWDO
M-AGIC..Cessna 680 Citation.......680-0138....New
M-XONE..Cessna 525A Citation CJ2..525A-0031...ex VP-BFC
M-ANIN..Socata TB20 Trinidad......2161........ex N882
M-HDAM..HS125-800B................258037......ex 7O-ADC
M-GINZ..Socata TB-20 Trinidad GT..2140........ex N565G
M-MANX..Cessna 425................425-0044....ex N425HS
M-GULF..Gulfstream IV.............1082........ex N1082A
M-YNJC..Embraer EMB135-BJ.........14500961....ex G-ONJC
M-YSKY..Beech Hawker 390 Premier..RB209.......New
Sorry for the poor formatting - don't know how to add spaces.
In truth probably not a lot.
Latest confirmed list is:
M-ELON..Cessna CJ3................525B-0148...ex N148CJ
M-BWFC..Cessna 560XLS.............560-5690....ex N560FC
M-ICRO..Cessna 525A Citation CJ2..525A-0347...ex N5262X
M-ONTY..Sikorsky S-76B............760356......ex G-BWDO
M-AGIC..Cessna 680 Citation.......680-0138....New
M-XONE..Cessna 525A Citation CJ2..525A-0031...ex VP-BFC
M-ANIN..Socata TB20 Trinidad......2161........ex N882
M-HDAM..HS125-800B................258037......ex 7O-ADC
M-GINZ..Socata TB-20 Trinidad GT..2140........ex N565G
M-MANX..Cessna 425................425-0044....ex N425HS
M-GULF..Gulfstream IV.............1082........ex N1082A
M-YNJC..Embraer EMB135-BJ.........14500961....ex G-ONJC
M-YSKY..Beech Hawker 390 Premier..RB209.......New
Sorry for the poor formatting - don't know how to add spaces.
Last edited by jabberwok; 23rd Aug 2007 at 21:08.
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.
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.
Join Date: Apr 2002
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From my own experience the amount of red tape is incredible - practically zero!
Also there is no insurance premium tax on the Island - 5% saving on a policy on a $20,000,000 a/c is a considerable amount.
Also there is no insurance premium tax on the Island - 5% saving on a policy on a $20,000,000 a/c is a considerable amount.