Malta Aircraft Registration
Application for Registration
Malta Aircraft Registration Eligibility Rules
- There is no import duty on the importation of civil aircraft into Malta. Aircraft do not attract any stamp duty.
- Income derived from the ownership, lease or operation of an aircraft or aircraft engine engaged in the international transport of passengers or goods is deemed to arise outside Malta, so is exempt from Maltese tax.
- This foreign source rule applies regardless of the country of registration of the aircraft, or whether the aircraft has called at, or is operated from a Maltese airport.
- Malta has over 60 Double Taxation Treaties in force. In addition, there are a number of other agreements that have been negotiated and are in the process of coming into force and yet more that are in the process of being negotiated.
- Where there is no double tax treaty in place, Maltese legislation has rules in place to allow unilateral relief on income arising outside Malta.
- Low minimum capital requirements.
- Companies can pay tax in any currency and receive tax rebates in any currency, thereby eliminating exchange risk.
- Competitive accelerated depreciation periods – As from the year of assessment 2010, the minimum period to claim wear and tear deductions for depreciation of aircrafts, engines and interiors has been shortened as indicated below:
- Aircraft airframe, engine and overhaul: 6 years
- Aircraft interiors and other parts: 4 years
- Speedy, Efficient and consistent Services.
- Relentless effort to obtain bank accounts.
- Expert advice on structuring options.
- Dedicated ongoing compliance support.