In December last year, Guernsey introduced 2-REG, the Channel Islands Aircraft Registry. Here Fiona Le Poidevin, Chief Executive of Guernsey Finance, explores what it offers international clients.

Wealth means luxury toys and the most luxurious of all has to be the yacht. Whether a sleek 45 knot, 25 metre power-cruiser, or a state of the art ocean going racer-sailer, the wealthy international businessman will want to play with one at some time in his life

Guernsey's Aircraft Registry (the "Registry" or "2-REG") fulfils a key role in the global aviation sector by providing an interim register for commercial aircraft transitioning between leases.

Guernsey has a long history of being a well-respected private wealth jurisdiction and one that has always looked to diversify its offering.

The Guernsey Aircraft Registry (the "Aircraft Registry") was established in 2013 with the coming into effect of the Aviation Registry (Guernsey) Law (the "Aircraft Registry Law").

There are no Guernsey taxes or duties payable upon executing an aircraft or engine sale agreement (including for the sale of an ownership interest in an entity)...

There are no Guernsey taxes or duties payable upon executing an aircraft or engine sale agreement (including for the sale of an ownership interest in an entity)...