Aviation Business Hubs

Business Aviation Hubs are Evolving

Malta has rapidly become the aircraft registration of choice for the economically aware aircraft owner, with registrations per year catching up in 2020 / 21 to the most popular choices of yesteryear. The Isle of Man and Aruba among others have been the traditional avenues for business jet owners to register with, however the tide is changing.

Over the past 10 years, the Maltese Government and Transport Malta have been progressive and forward-thinking in their approach to aviation.  There was a hunger to make Malta the aircraft registration of choice, which is paying dividends. The clear strategy of quick, helpful, and manageable set up for aircraft registrations, coupled with financial incentives and high safety standards has changed the face of the aviation industry as a whole.

Malta is currently the only place in Europe with no VAT or tax implications when importing aircraft from outside the EU, as well as having a comparatively inexpensive licence fees to the rest of Europe. Malta is known as the only ‘Onshore – Offshore’ jurisdiction in Europe, which allows the tax-free use of a private aircraft by the owner whilst the aircraft is on a commercial register. These factors make the Maltese aircraft register so advantageous.

From a commercial perspective (unlike the Isle of Man or Aruba) the Maltese ‘9H’ registration allows commercial operations and can generate revenue on your aircraft through chartering flights on your behalf. This not only generates revenue but keeps your aircraft and crew current and busy when you are not flying.

To get a better understanding of all the fantastic benefits that come with private aircraft registration in Malta, head over to our website: https://www.aircm.aero/the-benefits-of-registering-your-aircraft-in-malta/ – if you have any questions whatsoever or would like to discuss your requirements with us, please do get in touch, we would love to hear from you.