The aviation industry is well suited to being located in an attractive jurisdiction. As a result, a host of very sophisticated offerings have emerged. Evidence of this is found from the very successful private registries offered in the Isle of Man and Cayman Islands as well as San Morino in Italy. Cayman, for example, has some 240 business jets registered there and Isle of Man in excess of 400. Ireland has also emerged as the home of the aircraft leasing industry with most of the industry leaders based in Dublin.
Osiris has been active in the aviation industry for nearly two decades and is able to assist with the following:
- Setting up of aviation companies in suitable jurisdictions;
- Assisting with financing and cross-border leases;
- Registering of aircraft on the Cayman Islands register;
- Setting up and managing payroll services for aviation crew companies.
The Cayman Islands continues to be an attractive jurisdiction to register business jet aircraft, given the straightforward procedures for registration, the competitive fees and the protections available to financiers.