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The Isle of Man Ship Registry announced on 19 August that it had joined the ‘Yacht Engaged in Trade' (YET) Scheme, which is designed to support yacht brokers, managers, corporate service providers and maritime lawyers in the US and Europe.

In addition to the obvious benefits of the Isle of Man's stable political and economic environment the benefits of the Isle of Man as a jurisdiction for aircraft (high quality private and corporate jets and high quality twin turbine-engine helicopters which are not used for commercial air transport) registry are primarily:

As part of its wide-ranging changes to the current non-domicile (non-Dom) regime, the UK government is set to introduce a residence-based regime for both Inheritance Tax and Foreign Income and Gains with effect from 6th April 2025.

The Isle of Man, a well-regulated jurisdiction with a long history of providing financial services, offers Trusts that are highly regarded for their flexibility, confidentiality, and robust legal framework.

The Isle of Man is sometimes overlooked as a tax-efficient, responsible and dynamic international business centre because, unlike Britain's other Crown Dependencies and Overseas Territories, it is treated as being part of the UK for VAT purposes.

Isle of Man Limited Partnerships can offer Irish businesses a flexible structure for international expansion, investment and asset holding. LPs provide a distinction between management and capital, while LLPs can offer limited liability with greater flexibility for members to participate in management.

Global mobility and the portability of Corporate Structures has become increasingly important to Clients and their Advisers, who often move corporate entities from one jurisdiction to another.

The Isle of Man is a leading jurisdiction for luxury asset holding vehicles and post the UK's departure from the Single Market, it is particularly well suited to enable client's planning...

From the House of Rothschild in the 18th century to present day, every Family Office has been and remains as unique as the Ultra-High-Net-Worth (UHNW) family it represents.

Isle of Man companies benefit from a zero rate of tax on trading and investment income.

The Private Foundation represents a unique incorporated vehicle that is becoming increasingly popular for estate planning, asset protection, and a wide and varied array of activities.

Owning a yacht is the ultimate symbol of freedom, luxury, and adventure but, it also comes with complex legal, tax, and operational considerations.

Our short series on planning for a superyacht aims to provide a foundation of understanding for those considering building or purchasing a vessel.

Over the past two decades, the Middle East has emerged as one of the fastest-growing regions for wealth creation.

When you or your client think about their new Superyacht it might conjure visions of luxurious relaxation, crystal clear blue waters and basking in the sun; conversely, ...