LATEST ARTICLES
British Virgin Islands
Conyers
What are the typical structures available for financing the purchase of an aircraft? The British Virgin Islands (BVI) offers a flexible regime for aircraft financing structures.
Walkers
The refinancing activity is particularly significant in the European and Asian
markets where BVI companies remain popular holding vehicles and are being deployed as guarantors and security providers.
Maples Group
The most common corporate structure used for financing the purchase of an aircraft involves the incorporation of a special-purpose vehicle ("SPV") to hold title to the aircraft being financed.
Maples Group
In the British Virgin Islands chapter of the International Comparative Legal Guide to Aviation 2021, Michael Gagie, James Kinsley and Rebecca Lee give a comprehensive overview of aviation law and regulations in the British Virgin Islands.
Conyers
The British Virgin Islands is not a signatory (or party by extension from the UK) to the Rome Convention, the Geneva Convention, the Chicago Convention or the Cape Town Convention.
Maples Group
In the British Virgin Islands chapter of the International Comparative Legal Guide to Aviation Law 2020, Michael Gagie and Rebecca Lee give a comprehensive overview on aviation laws and regulations in the British Virgin Islands.
Conyers
There are no taxes or duties payable as a consequence of the execution of an aircraft or engine sale agreement (including for the sale of an ownership interest in an entity) where the asset is either located physically ...
Conyers
There are no restrictions on foreign lenders financing an aircraft locally, nor on borrowers using the loan proceeds.
Conyers
It is anticipated that the International Tax Authority (the "ITA") of the British Virgin Islands will soon issue its Economic Substance Code (the "Code").
Maples Group
The Department of Transport, Tourism and Sport ("DOTTS"), is the Government department responsible for aviation policy in Ireland.
Conyers
The BVI Government has enacted a measure which exempts nationals of the People's Republic of China from the need to apply for a visa to visit the BVI for up to six months for business or tourism purposes.
Conyers
The British Virgin Islands is becoming an increasingly popular jurisdiction for aviation finance, not only in the private and corporate jet sectors, but also in the commercial aircraft sector.
Conyers
The British Virgin Islands ("BVI") is becoming an increasingly popular jurisdiction for aviation finance not only in the private and corporate jet sectors, but also in the commercial aircraft sector.
Conyers
The British Virgin Islands is becoming an increasingly popular jurisdiction for aviation finance transactions in both the commercial and business jet sectors.
Simcocks
A new system for registering security over aircraft and aircraft engines recently came into force in the BVI.
Mondaq Webinars
FREE News Alerts
Sign Up for our free News Alerts - All the latest articles on your chosen topics condensed into a free bi-weekly email.
Comparative Guides
Popular Contributors
Upcoming Events
Mondaq Advice Centres
