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Tax Advisory

Aviation and yachting tax planning services

Over the years, Nexia BT has mirrored the success and growth of the maritime and aviation industries in Malta. As a result, the firm has brought together the right professionals in order to ensure that the growing multidisciplinary demand of these industries may be holistically serviced.

As the advantages of yacht and aircraft registration in Malta are not limited to the jurisdiction’s sound reputation, but extend to employment incentives, as well as financial and fiscal advantages, Nexia BT is able to tap into the unique strengths of each of the firm’s specialised units to seamlessly deliver a bespoke service to the varying needs of every client.

Our Services

VAT lease structures

In pursuit of Malta’s objective to further bolster the jurisdiction’s attractiveness in both the aviation and maritime sectors, efficient VAT lease structures are available for aircraft leasing arrangements concerning privately operated aircrafts and pleasure yachts.

With regard to aircraft leasing structures, as from 1st January 2013, for aircraft leasing agreements not exceeding 60 months, a lease would be subject to Maltese VAT when both the lessor and the lessee are persons established in Malta, and the lessee does not have the right to claim input VAT. Consequently, the implementation of a leasing structure could reduce the VAT rate to a lowest 5.4%.

In relation to pleasure yachts, as a rule, yachts used within the EU waters, and all yachts owned by EU citizens, must be VAT paid and require a VAT paid certificate. Malta is one of the EU jurisdictions that offers substantial VAT reductions by means of tailor made VAT efficient lease structures.

Our dedicated tax team have successfully advised and assisted a number of clients in relation to implementing effective VAT lease structures. The services available include:

  • Incorporation of the VAT lease structure;
  • Assistance in the application for a VAT paid certificate;
  • Setting-up of bank accounts;
  • Liaising and corresponding with the VAT authorities;
  • Accounting and back office services; and
  • Ensuring maximum benefit of the Malta tax refund system.

Yacht registration & importation services

Having the peace of mind of a reputable and internationally recognised maritime registry, which enables vessels to fly a European flag with a long maritime tradition, is an important factor that any vessel owner should keep in mind. Boasting of the largest shipping registry in Europe, and the 6th largest shipping registry in the world, Malta is evidently the jurisdiction of choice for many.

In order to best assist clients throughout the entire process, Nexia BT enjoys strong relationships with yacht management, technical inspections and yacht maintenance service providers in order to ensure that your needs are efficiently catered for through a single channel. Our services include:

  • Pre-Registration Survey and Mandatory Renewal Surveys;
  • Mandatory Provisional Registration;
  • Incorporation of Ownership Structure;
  • Resident Agent Services;
  • Customs and VAT authority representation;
  • Ship Radio Station Licence Application;
  • Acquisition of green yacht notation;
  • Assistance with ongoing compliance; and
  • Accounting and back office Services.

Learn more about shipping and yachting

Private and commercial aircraft registration

Following its international success in the maritime industry, Malta has now established itself in the aviation industry. Offering highly efficient tax planning opportunities to aircraft owners, Malta is generating increasing interest for the registration of commercial and private aircraft.

Our team can help you identify the ideal structure to cater for your needs, establish your eligibility and then proceed to assist with:

  • Registration of private aircraft, corporate jets, and commercial aircraft;
  • Obtaining Aircraft Operators Certificate;
  • Incorporation of ownership structure;
  • Resident agent services;
  • Customs and tax authority representation;
  • Ongoing matters with the aviation authority; and
  • Accounting and back office services.

Learn more about aviation


Yachting and Aviation

Disclaimer: This marketing material has been issued by Nexia BT, having registered address at The Penthouse, Suite 2, Capital Business Centre, Entrance C, Triq taz-Zwejt, San Gwann SGN 3000, Malta. Any information within this brochure should be taken as a general guide only and should not as advice and its application to specific situations depend on the particular circumstances involved. Readers are recommended to seek professional advice and should not rely on information provided in this brochure as a substitute for such advice. While all reasonable attempts have been made to ensure that the information contained herein is accurate, Nexia BT accepts no responsibility for any errors or omissions it may contain, whether caused by negligence or otherwise, or for any losses, however, caused, sustained by any person that relies upon it. BTI Management Limited is a registered as a Company Service Provider by the Malta Financial Services Authority. BT International Limited is authorized by the Malta Financial Services Authority to provide fiduciary services which do not include acting as a Trustee. Both companies form part of Nexia BT Group.