WCR Best Global Aviation Registry 2017
News release
World Commerce Review is pleased to announce that the Isle of Man Air Registry has been awarded the WCR Best Global Aviation Registry 2017.
The selection panel took into account product innovation, on-going customer support and best practice criteria as well as a continuing commitment to deploying the best possible solutions for the benefit of their clients. The World Commerce Review Awards are recognised as the principal indications of professional conduct and excellence.
Notes to Editors:
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About World Commerce Review
WCR is the principal B2B publication available today, enjoying editorial and advertising support from some of the world’s leading business and political organisations. WCR exists to realise the potential of globalisation, reviewing the legal, financial and system requirements of 21st century business. Today’s corporate business environment requires strategic planning that is flexible and progressive. WCR provides a balanced, objective view of the political, regulatory, cultural, legal, financial and economic requirements needed to form an effective strategy for taking advantage of the opportunities that globalisation offers. WCR is a seamless guide for use at boardroom and government level.
About Isle of Man Aircraft Registry
The Isle of Man is one of the most politically and economically stable jurisdictions in the world. The Island has one of the highest credit ratings of any offshore financial centre and is one of the world’s most sophisticated and well-regulated offshore financial centres.
The Isle of Man Aircraft Registry was established to provide a customer focused service for the registration of high quality private/corporate jets and twin turbine-engine helicopters. The Registry commenced operations on 1st May 2007, has proven to be an unqualified success and has grown to become the world’s 6th largest private/corporate Business Aviation register. At the beginning of October 2016, just over 9 years since the Registry commenced operations, IOMAR registered its 900th aircraft with over 460 aircraft active on the register. A further milestone has recently been achieved with the issue of the 10,000th initial Flight Crew Licence validation.
The principal benefits of registering an aircraft on the Isle of Man are:
-High regulatory standards
-Excellent customer service levels and award winning international reputation
-Neutral nationality registration prefix ‘M’
-Competitive scheme of charges
-Secure mortgage register
-No insurance premium tax
-European time zone
-Professional infrastructure with significant experience in aviation finance
-The Isle of Man is on the OECD ‘white list’ of countries complying with the global standard for tax co-operation and exchange of information
-Clear and simple taxation regime
-Stable legal and political environment
-A large team of experienced airworthiness surveyors resident in Central Europe, USA, UK and the Isle of Man, which enables provision of an efficient and cost-effective service