Guide To Aircraft Registration And Finance In Bermuda

1. THE BERMUDA REGISTER

Aircraft owners and operators view Bermuda as a jurisdiction of choice for aircraft registration and aircraft financing transactions. Bermuda's aircraft register (Bermuda Register) has an international reputation for high safety standards and regulatory oversight. Owners and operators may be in a position to take advantage of favourable tax treatment in their principal place of business from registering aircraft in Bermuda. There is no Bermuda income or profits tax, withholding tax, capital gains tax, capital transfer tax, estate or inheritance tax payable by a Bermuda company or its shareholders ordinarily resident in Bermuda.

The Bermuda Register is a Category I register under the United States Federal Aviation Administration's Flight Standard Service International Aviation Assessment Programme. That categorisation recognises that Bermuda complies with international standards in providing safety oversight of its air carriers that operate