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Bermuda
Conyers
Bermuda has two options that could offer more cost efficiency and administrative ease.
Carey Olsen
In this briefing we revisit key points in relation to the implementation of the Convention on International Interests in Mobile Equipment in Bermuda...
Kennedys Law LLP
Bermuda's economic substance regime has been brought into closer alignment with the regimes implemented by other jurisdictions named in the European Union's Code of Conduct Group's call in 2018 for substance laws.
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.
Carey Olsen
The British Virgin Islands (BVI) Court has for the first time recognised and enforced judgments delivered by the Court of the People's Republic of China (PRC). It is a significant development in light of the established practice of ...
Carey Olsen
There have been an increasing number of court applications in the British Virgin Islands (BVI) for the appointment of receivers an as interim remedy to ‘hold the ring' in respect of assets.
Cayman Islands
Walkers
The 2020 Aviation Financing & Leasing Guide provides expert legal commentary on key issues for businesses and it also covers important developments in the most significant jurisdictions
Conyers
The COVID-19 pandemic has severely impacted the aviation industry. With many international borders closed, thousands of aircraft are currently grounded and, even when flying resumes, ...
Conyers
In a recent decision of the English Commercial Court, in Alafco Irish Aircraft Leasing Sixteen Ltd v. Hong Kong Airlines Ltd [2019] EWHC 3668 (Comm), it was ordered that costs of proceedings are to be assessed ...
Cyprus
I. Christodoulou & Partners LLC
The private aircraft leasing scheme aims in offering tax incentives as well as VAT savings to proposed investors (the "Scheme").
Harris Kyriakides
On 05/06/2020, the Parliament adopted the amendment of the Finance Leasing Law of 2016 (72(I)/2016) (the "Law") with 29 votes in favor, 14 against and 2 abstentions.
Guernsey
Walkers
The Guernsey Aircraft Registry (the "Aircraft Registry") was established in 2013 with the coming into effect of the Aviation Registry (Guernsey) Law (the "Aircraft Registry Law").
Hong Kong
Mayer Brown
The increasing popularity and growth of ship leasing, particularly in China and elsewhere in Asia, has been one of the most important developments in the global maritime industry over the last decade.
Reed Smith (Worldwide)
On June 19, 2020, the long-awaited Inland Revenue (Amendment) (Ship Leasing Tax Concessions) Ordinance 2020 (the Ordinance), which introduces concessionary tax regimes for qualifying ship lessors...
Malta
GTG Advocates
The aviation and shipping industries are unique in the sense that both industries operate using high value assets which are very costly to purchase and even more challenging to operate and maintain.
GVZH Advocates
The revised program which is set to replace the current Individual Investor Program (hereinafter ‘IIP') is underway. During a briefing session held on Friday 3rd July 2020 the following
CSB Group
Yachts imported in the European Union for commercial purposes need to undergo relative VAT and customs procedures to subsequently be imported in the European Union with the release of the relative import documentation ...
Mamo TCV Advocates
On the 31st December 2019, a set of regulations were introduced for the purpose of registering private residential leases with the Housing Authority
United Arab Emirates
STA Law Firm
The international financial hub of the emirate Dubai, renowned for the presence of international companies and firms in the area has released new regulations ...
Nexdigm Private Limited
Earlier in April 2019, Ministry of Finance of United Arab Emirates (UAE) released Cabinet Resolution No 31 of 2019 (Resolution) on Economic Substance Regulations (ESR or the...
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