With their long historical maritime pasts, ideal geographic locations, competitive yacht registration fees, low annual registry fees, and a number of other tax and VAT advantages, Malta and Cyprus are an extremely attractive yachting destination. In fact, the two islands are now boast the most cost efficient regimes for yacht and ship registration in the EU.

White November has a team of professional advisors with an extensive range of expertise and experience to assist and advise yacht and aircraft owners with all transactions involving registration and leasing of yachts and aircraft.

 

Yacht Registration

Malta and Cyprus offer a range of international maritime services and facilities as a part of comprehensive package designed for the yachting industry. The growth in yacht registration and related corporate services are partly driven by the availability of tax planning structures including VAT benefits in finance lease structures.

When purchasing and registering your yacht White November can provide the following solutions and services:

  • Registration of yachts under the Maltese or Cypriot flag
  • Formation of a company to own or lease yachts
  • Assistance in enrolling under the Maltese or Cypriot VAT Yacht Leasing Scheme
  • Drafting of the Lease Agreement and execution of the lease payments
  • Accounting and bookkeeping services for yacht ownership and yacht leasing companies
  • Tax advice
  • Payroll services for the crew

Aircraft Registration

The Maltese and Cypriot Private Aircraft Schemes generate much interest among aviation enthusiasts. It is the most competitive scheme available, with the lowest VAT rates in Europe, coupled with the attractive corporation tax that Malta and Cyprus have to offer. Due to this and the strategic location of Malta and Cyprus, the islands are quickly becoming top jurisdictions for aircraft leasing and registration.

When purchasing and registering your yacht White November can provide the following solutions and services:

  • Registration of aircrafts in Malta or Cyprus
  • Formation of a company to own or lease aircrafts
  • Assistance in enrolling under the Maltese or Cyprus VAT Aircraft Leasing Scheme
  • Drafting of the Lease Agreement and execution of the lease payments
  • Accounting and bookkeeping services for aircraft ownership and aircraft leasing companies
  • Tax advice
  • Payroll services for the crew

Speak to an expert

Anna Ziemkendorf
Corporate and Commercial Manager
  • Copyright © White November 2017