The Isle of Man, which is a Crown dependency of Britain but is also self-governing and constitutionally separate, recently launched its own aircraft registry and is hoping to attract private aircraft owners to the "M" designation. Because it's so closely tied to Britain, many of its laws and practices are comfortably familiar to international clients, but the Manx registration offers some advantages not available in some countries. For instance, corporate tax on the Isle of Man is zero and the Manx government doesn't care where an aircraft is based or used.
This is a companion discussion topic for the original entry at https://www.avweb.com/news/isle-of-man-targets-private-aircraft-registrations