Aircraft Registration in the Isle of Man
The first thing that may come to your mind when you think about the United Kingdom may be England and its great cities: London, Manchester, Liverpool and many more.
If you think a little bit more, you may remember Scotland and Wales, two former nations that merged with England to form the UK some centuries ago. However, among the two main British islands that compound the United Kingdom, there is another one that is not so mediatic. We are talking about the Isle of Man.
The IOM is a small island of 221 sq miles of extension located in the Irish Sea. Even though it's under the reign of Queen Elizabeth II, the Isle of Man maintains an independent government and a parliament and its own tax system and legislation.
This tiny island has a unique position to do business in the UK, thanks to its closeness to the British Islands and its special status. For example, the IOM has lower tax rates compared to the United Kingdom.
Regarding Aircraft Registration, we can tell you that the Isle of Man is one of the best jurisdictions to register an aircraft in Europe. In a nutshell, we will give you some of the advantages this tiny island has to offer:
-Low operating costs for aircrafts registered on the island.
-A really efficient and reliable professional services from IOM authorities for any issue you may face when registering your aircraft
-A flexible and beneficial tax regime. The Isle of Man has lower VAT and Inheritance Tax compared to Continental Europe.
-The Isle of Man is on the UK’s timezone.
The Isle of Man is the ideal place to register your aircraft. In this article we prepared the ultimate guide about how to register an Aircraft in the IOM.
Why the Isle of Man
In recent years, the Isle of Man has specialized in providing services for the registration of private and corporate jets and twin turbine-engine helicopters. Some of the main features the IOM has to offer are:
-Is a highly prestigious jurisdiction with world class standards.
-Is the second largest aircraft register in Europe.
-The IOM does not have insurance premium tax.
-Is on the British Timezone and not more than one hour from the rest of Europe.
-The IOM is a fully whitelisted jurisdiction to the OECD standards
-It enjoys a really stable political and economic environment.
The Isle of Man is considered one of the main business jet aircraft registry in Europe, having over 1,000 aircraft already registered. Below we will tell you more about how to register an aircraft in the Isle of Man.
Ground rules for Registering an Aircraft in the Isle of Man
-There are some things you must notice prior to registering an aircraft in the IOM. According to the IOM Aircraft Registry, these are:
-The intended purpose of the aircraft may be private or corporate. Commercial operations are not allowed.
-Aeroplanes with a maximum takeoff mass above 5,700 kg may be registered. If the MTOM is between 2,730 kg and 5,700, registration may be considered if it means a significant economic benefit to the IOM private sector.
-Owners must have a proper qualification under the Air Navigation Order 2015.
-Twin turbine-engine helicopters can be registered.
-All documentation submitted to the IOMAR for the application process must be provided in English or have a certified translation.
About the Qualified Ownership
The Aircraft must be registered by an individual or a company from any country that is part of the British Commonwealth or the European Economic Area. Japan, the United States and China are additionally acceptable for aircraft awaiting a commercial lease.
About the fees
Here we will give you a brief summary of some of the registration and mortgage fees when registering an Aircraft in the Isle of Man.
Registration fees
Registration and
initial certificate fees |
Costs (in GBP) |
Reservation of out-of-sequence
registration mark (up to 1 year) |
£150.00 |
Registration of
aircraft |
£450.00 |
Certificate of airworthiness |
£100.00 |
Approval of Aircraft Maintenance
Programme* |
£160.00 |
Works hours (survey related) |
£160.00 per hour |
Travel time (survey related) |
£98.00 per hour |
Airfares, accommodation & other
associated travel costs |
At Cost |
For renewing the
certificate of airworthiness |
Cost (in GBP) |
Certificate of
airworthiness: renewal (for each 500kg or part thereof of the aircraft MTOM) |
£60.00 |
Work hours
(survey related) |
£160.00 per hour |
Travel time
(survey related) |
£98.00 per hour |
Airfares,
accommodation & other associated costs |
At Cost |
Flight Crew
License Validation |
|
Initial issue or
renewal (GFCL) (without restriction to a specific aircraft operator/type or
class) (for 3 years) |
£400.00 |
Initial issue or
renewal (specific aircraft registration) (for 3 years) |
£160.00 |
Variation to
existing validation |
£60.00 |
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