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Yacht Management

The Isle of Man is an ideal location to register your Yacht or Ship due to its association with the United Kingdom and its favourable tax treatment.

Yachts and Ships registered in the Isle of Man will fly the 'British Red Ensign', which entitles the Yacht to UK Consular services and the protection of the Royal Navy. The Yacht will also enjoy zero rate of tax on shipping related activities and may reclaim VAT on purchases and expenses.

Benefits of registering a vessel on the Isle of Man include

  • A zero rate of tax
  • No annual tonnage dues
  • A low registration fee
  • Attractive VAT arrangements
  • Security of mortgages registered on the Island
  • A Demise Charter Register, both in and out
  • British Flag and support of British Consular services
  • Flexibility in the requirements for registered owners including limited partnerships

Many types of Ships are accepted for registry - including Tankers, Gas and Chemical Carriers, Offshore Support Vessels, Container Ships, Cargo Ships and Passenger Ships. There is also the "mega-Yacht Code" which allows for commercial yachts over 24 metres to be registered.

Our Yacht and Shipping Management services extend from assistance with ad hoc projects to providing the complete yacht management service through a dedicated point of contact.

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We pride ourselves on our client services and customer care - and if you have a question or an interest in an offshore company then we would like to hear from you.

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Licensed by the Financial Services Authority of the Isle of Man to provide corporate services.