Bermuda has two options that could offer more cost efficiency and administrative ease.
In this briefing we revisit key points in relation to the implementation of the Convention on International Interests in Mobile Equipment in Bermuda...
Kennedys Law LLP
Bermuda's economic substance regime has been brought into closer alignment with the regimes implemented by other jurisdictions named in the European Union's Code of Conduct Group's call in 2018 for substance laws.
Following continued discussions with the EU's Code of Conduct Group and the OECD, Bermuda has passed amendments to its economic substance laws to more closely align Bermuda's regime ...
On 24 December 2019, both the Economic Substance Amendment (No.2) Act 2019 and the Economic Substance Amendment (No.3) Regulations 2019 (the Amendment Legislation) came into force
No taxes or duties are payable in Bermuda as a consequence of the execution of an aircraft or engine sale agreement, unless the agreement is physically executed in Bermuda and one of the parties is a local Bermuda company, ...
British Virgin Islands
There are no taxes or duties payable as a consequence of the execution of an aircraft or engine sale agreement (including for the sale of an ownership interest in an entity) where the asset is either located physically ...
In a recent decision of the English Commercial Court, in Alafco Irish Aircraft Leasing Sixteen Ltd v. Hong Kong Airlines Ltd  EWHC 3668 (Comm), it was ordered that costs of proceedings are to be assessed ...
Partner and Head of Asset Finance, David McGovern, Of Counsel, Killian McSharry, Senior Associate, Michael Caulfield and Tax Of Counsel, Eimear Burbridge authored the "Ireland Law and Practice...
A. Karitzis & Associates L.L.C
On 27 December 2018, the TAX Authority has released an interpretative circular relating to the application of the amending Act with number 39(I) of 2018 which has come into force on 1 January 2019 and relates to ...
The Cayman Islands aircraft register is maintained by the Civil Aviation Authority of the Cayman Islands (CAACI) pursuant to the Air Navigation (Overseas Territories) Order
The fact it comfortably reached and passed its original fundraising target is testament to Falko's market leading position in the aviation industry.
Still recovering from IFRS 15 and IFRS 9 implementation for 2018 year-end financial statements? Well, don't relax just yet…It's time to gear up for the latest challenge: IFRS 16.
Mamo TCV Advocates
On the 31st December 2019, a set of regulations were introduced for the purpose of registering private residential leases with the Housing Authority
The popularity of sale and leaseback transactions is now evident to whoever is involved in the shipping industry.
United Arab Emirates
STA Law Firm
The international financial hub of the emirate Dubai, renowned for the presence of international companies and firms in the area has released new regulations ...
Nexdigm Private Limited
Earlier in April 2019, Ministry of Finance of United Arab Emirates (UAE) released Cabinet Resolution No 31 of 2019 (Resolution) on Economic Substance Regulations (ESR or the...
Islamic finance has grown significantly over the past few years into an estimated US$2.4 trillion industry.
STA Law Firm
Leasing is considered an important aspect when it comes to the finances for the corporations, primarily in the cases of funds for the expensive capital equipment like the machinery, vehicular assets, equipment...
IFRS 16 requires lessees and lessors to provide information about leasing activities within their financial statements.