Cyprus on Leasing

Whilst there are many jurisdictions that are considered to be the jurisdictions of choice in the area of aviation finance and leasing, Cyprus is a very real alternative to each of these jurisdictions and certainly ticks all the boxes ...

The private aircraft leasing scheme aims in offering tax incentives as well as VAT savings to proposed investors (the "Scheme").

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.