With interests and family members that span the globe, many of our clients have their own aircraft to support their private lives and business operations. While owning an aircraft makes perfect sense when seeking privacy and ease of international movement, it does come with its own set of challenges and requirements to meet tax and regulatory obligations.
In seeking to simplify one part of their lives, it is important not to complicate another. Brexit has added an additional technical complication, with two customs unions now needing to be navigated by seeking to operate their aircraft across the UK and EU27.
Our Private Client team helps clients by ensuring that the management of their aircraft runs smoothly and that they understand the specialist administration required. Within JTC’s Private Office we proactively guide and educate our clients on how to manage these complex assets, whether for private or business use. Taxation of aircraft will always be an important aspect to understand and get right, and at JTC we ensure that robust, holistic and tailored advice is taken on a tailored, client-by-client basis.
What we do
Through our network of trusted professionals, we are able to help our clients identify the right aircraft for them. We will support them throughout the buying process to obtain a good purchase price, to secure appropriate financing and to ensure the aircraft is equipped to maintain the highest long-term market value.
Regardless of whether the aircraft is being used privately or commercially, JTC’s aviation team has the knowledge and experience to ensure that all administrative matters are proactively dealt with. We are focussed on efficiently managing the highly specialised corporate and fiscal responsibilities that aircraft acquisition, ownership and management require. As well as establishing and managing efficient aircraft ownership structures, we take full control of our clients’ obligations as aircraft owners, allowing them to relax and enjoy their asset.
Our aircraft services include:
- Corporate structuring for aircraft ownership
- Aircraft leases
- Aircraft fractional share ownership
- Aircraft registration services
- VAT and Customs compliance
- Aircraft importation services
- Accounting and reporting
“There are a variety of ownership structures suitable for our clients depending on their personal circumstances. JTC finds the right solution and takes complete responsibility for the specialist accounting and administration required.”
VIDEO: Asking the Experts – Owning Private Aircraft – What You Should Consider
Nic Arnold, Head of JTC Private Office – UK, speaks to Gama Aviation’s Regional Director of Jersey, Tim Pedley, about how the industry has adapted to various challenges over the past two years. They also discuss what issues are frequently overlooked when clients decide to purchase an aircraft and how the industry may look in the next five-to-ten years.
Nic ArnoldHead of JTC Private Office - UK London
Emilio MiguelRegional Head - Americas - Private Client Services Miami
Aidan DavinManaging Director - Isle of Man - Private Client Services Isle Of Man
Robert MonticelliSenior Director - Private Client Services Jersey
Joel ChinnDirector - Private Client Services Jersey
Naro ZimmermanDeputy Head of Caribbean – Private Client Services Cayman Islands
- Abu Dhabi |
- Bahamas |
- BVI |
- Cayman Islands |
- Dubai |
- Guernsey |
- Hong Kong |
- Isle of Man |
- Jersey |
- Labuan |
- Malaysia |
- Mauritius |
- New Zealand |
- Singapore |
- Switzerland |
- US – Miami |
- US – New York |
- US – South Dakota |
- US – Delaware