Tax planning is a fundamental part of the process of structuring a deal. Our team of enthusiastic and expert tax lawyers and tax consultants has extensive expertise in assisting clients with tax issues related to the registration of aircrafts in Aruba.
There are many reasons to register an aircraft in Aruba. The registration of aircrafts in Aruba is mostly driven by legal, financing advantages and/ or VAT / import duties advantages for the investor in the residing country. However, the Aruban tax system can also be very advantageous for the registration of aircrafts in Aruba. If structured properly the activities of the Aruban entity may not result in corporate income tax or dividend withholding tax payable in Aruba. Traditionally an Aruba Exempt Company (AVV) was used for the registration of aircrafts in Aruba. However the Aruba government introduced changes in the AVV legislation as per January 1, 2006. The leasing of an aircraft under this new AVV regime may still occur free of tax if certain conditions are met. The Aruba government also introduced a transparent regime for newly incorporated Aruban Limited Liability Companies (NV) and AVV’s. Opting for the transparent status could prevent a tax liability in Aruba for the aircraft activities if certain conditions are met.
Our aviation group will plan and structure your aircraft transaction. We will provide the knowledge you need to make educated decisions on your aircraft ownership.
We customize each transaction to ensure we are able to fully meet our client’s needs. PricewaterhouseCoopers Aruba can be of assistance in among others the following areas:
- Review of the transaction documents and Aruba tax implications of the transactions
- Entity structure and planning
- Take over and financing issues
For additional information you can contact Hans Ruiter at +297 5221647 (e-mail: hans.ruiter@an.pwc.com).
Also available as Flyer on a PDF file, Aviation Flyer.
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