Blog
From sea to sky
November 12, 2019
Shipping, yes, but Cyprus also has the potential to become a preferred jurisdiction for aircraft registrations within the EU
By Andreas Christofides
Cyprus is widely recognised as a leading forum in the international maritime industry. This global success story may sometimes overshadow the significant advantages and benefits that Cyprus offers in other sectors. Aviation is one such example.
Aviation experts will say a country’s gold standard for registering aircraft, be it commercial or private, is high regulatory standards, a high level of service, a quality reputation, and an attractive simplified tax regime.
Cyprus, whose aviation industry is bursting with potential, had as of December 31, 2018 some 120 aircraft registered, according to official figures. These include 13 planes, 62 light aircraft, 28 ultralights and 15 helicopters.