Whether a client is purchasing a new or a used aircraft, or simply re-registering an existing aviation asset, RegisterAnAircraft.com (RANA) will liaise with aircraft manufacturers, dealers and brokers at all stages of the process.
RANA is able to advise on the most appropriate registry for your aircraft. Issues such as the cost of registration, ease of process, geographical location and language will all need to be considered. In addition to its comprehensive knowledge base, RANA benefits from its established contacts with aircraft registries in Europe, the Caribbean and elsewhere.
Aircraft can be registered in the name of the owner, but registering an aircraft in the name of a company or special purpose vehicle (SPV) provides a number of distinct advantages. Access to corporate limited liability and enhanced levels of confidentiality may be the most immediate, but a company structure also offers significant potential benefits in respect of inheritance tax and succession issues, as well as reducing transfer fees in any future sale of the asset.
All such corporate structures must comply with the current legislation in the home country of the beneficial owner and with international standards. With over 25 years’ experience in the field, Sovereign is well placed to advise on these issues.
RANA clients can obtain world-class brokerage and competitive quotations through the dedicated team at Sovereign Insurance Services (SIS). RANA has also built up relationships with a number of banks, finance houses, leasing companies and groups of individuals and is able to assist clients to source finance from the widest potential market.
RANA has established close working relationships with aircraft brokers, manufacturers, law firms, FBOs, registries, regulators, operators and specialist advisors throughout the industry. We are able to use this network effectively to provide services to clients that are outside our direct orbit of expertise, including:
- New/used aircraft sourcing and evaluation
- Aircraft management
- Tax planning
- Customs and Import Duties
- EU Emissions Trading – registration and reporting
RANA can also provide crew payroll and pensions services in-house.