Benefits: Introduction

The Isle of Man as a flag of choice offers a wide range of benefits to ship owners, managers and charterers. The Island has a long established maritime industry and since the first ship registered in 1786 has developed an infrastructure to cater for the Shipping Industry.

Benefits available in the Isle of Man include:

• A professional Ship Registry providing a high quality of service
• A favourable taxation regime designed to encourage business
• A range of professional services designed to support shipping
• The right to fly the "Red Ensign" and access the support of British consular services world-wide
• Flexibility in the requirements for registered owners including acceptance of Limited Partnerships
• The availability of Demise registry both "IN" and "OUT"
• Low costs and no annual tonnage dues
• Full political support for shipping
• Non-FOC status

Select one of the categories to find out more about the benefits or click here to see a brochure outlining a recent cost comparison.

Isle of Man Finance has produced a brand new publication the 'Premier Finance Centre' this is a really comprehensive guide as to the benefits of finance and business sectors within the Isle of Man. To view this new booklet please click The Isle of Man Finance home page http://www.isleofmanfinance.gov.im/ or Isle of Man - Premier Finance Centre