AIRCRAFT REGISTRATION

EFFICIENT AVIATION SOLUTION

THE ULTRA-WEALTHY ENJOY A LIFESTYLE WHICH CALLS FOR EXTENSIVE DOMESTIC AND INTERNATIONAL TRAVEL

Ultra High Net Worth (‘UHNW’) individuals are the main players in the world’s private aviation market. While some frequently use commercial airlines, others may choose to charter private planes or have fractional ownership plans. However, for a portion of the UHNW population and their businesses, outright ownership, whether in their name or through their corporation, is an efficient and cost-effective solution to their increasingly busy schedule across multiple countries and time zones.

Through vistra horizon associates provide a number of services to assist those individuals with ownership of their aircraft

ASSISTANCE WITH ACQUISITIONS

The first thing you should do when buying a private jet is choose a winning and knowledgeable team to advise you. Aircraft really are unique assets and the acquisition process requires various skills and knowledge of many areas including law, finance, personal tax, corporate tax, VAT and registration process, amongst others.

With many years of experience in the aviation industry Vistra can assist you, as well as support you via their global office network and contacts to lawyers, tax advisors and brokers specialised in the aviation industry.

Vistra’s global footprint, and network, and experience make them a truly unique service provider – a first choice for any person venturing into the aviation industry, seeking a reliable service provider, always with a ‘can do’ attitude.

SERVICES INCLUDE

  • Assistance with Acquisitions and Sale
  • Assistance with Financing
  • Registration of Aircraft
  • Setup and Administration of Owning Companies
  • Financial Administrative services
  • VAT Compliance, Import and Export services
  • Assistance with our Global Network

SETUP AND ADMINISTRATION OF JET STRUCTURES

The aviation industry is subject to a number of regulations to protect the owner and customer. The choice of a structure depends on the aircraft, its use, VAT and further factors.

The registration of your private jet through a company protects your assets. However, it is commonplace that corporates set up special purpose vehicles to hold aircraft and lease them out to the other companies within the group. Vistra Marine and Aviation will be in position to set up the company and guide you in respect of the intricacies of setting up such an operation.

JET REGISTRATION AND OPERATION

CURRENTLY, VISTRA CAN REGISTER YOUR JET IN MALTA, ISLE OF MAN,
CAYMAN ISLANDS, BERMUDA AND THE USA

A jet must have a national identity, evidenced by the registration of the jet with the register of the country to which that jet belongs. Like individuals of a country, nationality affords the jet the benefits of the transit and traffic rights contracted by the country in which the jet is registered. A jet must be registered and can only be registered in one country.

The operator of a jet is a crucial component of the ownership structure relating to jets in view of the complex regulatory regime existing in the aviation industry. Vistra are able to make all necessary introductions to operators in various jurisdictions depending on the needs of each of their clients.

JET REGISTRATION AND OPERATION

WE ASSIST PRIVATE JET OWNERS IN THE FOLLOWING MATTERS:

  • Company formation, corporate services and company administration
  • Bookkeeping and statutory accounts preparation
  • Corporate secretarial service
  • Tax compliance
  • Import and export
  • Payroll and HR management