The Malta Aircraft Registry was established on 1st October 2010 and Malta has also acceded to the Cape Town Convention on International Interests in Mobile Equipment and its Aircraft Protocol.
In November of 2012, the Malta Government VAT Department published guidelines specifically targeted to VAT for aircraft. These regulations have clarified the treatment of VAT payable on aircraft which are leased to third parties by a Maltese Company. These guidelines provide attractive financial arrangements for business and private aircraft which may fly within EU member’s airspace.
DCTS (Malta) Limited can assist with the registration of the aircraft and formation and management of an appropriate structure to hold the asset/aircraft either in Malta or other suitable jurisdiction and also assist with leasing structures from Malta.
In conjunction with our Isle of Man office we can provide the following services:
Registration of the aircraft – see our downloadable guide below
Creation and management of tax efficient ownership structures
Administration of the company structure
Preparation of regular management accounts
Preparation of audits and liaison with external auditors if required
Cash flow analysis and preparation of budgets
Maintenance of financial and accounting records
Liaison with external professional advisors and tax authorities as required
VAT registration and preparation of VAT returns
Aircraft leasing structures from Malta – see our downloadable guide below
Preparation and submission of income tax returns