Frequently asked questions

Who can register an aircraft in Bermuda?

A qualifying owner is a company incorporated anywhere in the Commonwealth, or a structure established in a European Economic Area country, as well as citizens of the United Kingdom, Commonwealth countries, and the EEA. Owners who do not meet these criteria establish a Bermuda exempt company.

What does the Article 83-bis agreement provide for Bermuda?

It allows for the transfer of oversight functions from Bermuda to the state where the vessel is actually operating. The BCAA has a wide practice of such agreements, which is why the registry is popular with operators whose fleets are physically based in other countries.

Can a Bermuda yacht be used for charter?

Yes. The registry includes privately owned and commercial vessels operating under a Bermuda Air Operator's Certificate or Article 83-bis agreements. This distinguishes Bermuda from registries limited to private operation only.

Why are the VP-B and VQ-B prefixes called low-profile?

The sign doesn't indicate the country of origin and doesn't attract attention on international routes. For many owners and operators, this is a distinct advantage, along with British oversight standards.

To what extent is Bermuda registration recognized by banks?

The BCAA operates according to British standards, and the registry has long been trusted by lending banks and leasing companies. This simplifies secured financing of transactions compared to lesser-known jurisdictions.

How does a deal work: stages and timeline from deposit to handover?

The standard path takes 6–10 weeks. Step 1: a letter of intent (LOI) with price and terms — 3–5 days. Step 2: a 5–10% deposit into escrow and signing of the purchase agreement. Step 3: a pre-purchase inspection — 1–3 weeks. Step 4: rectification of findings and price adjustment. Step 5: closing — simultaneous transfer of funds, title and risk, technical acceptance and ferry of the aircraft.

What is a pre-purchase inspection and who pays for it?

A pre-purchase inspection (PPI) is an independent check at a certified centre: airframe, engines, corrosion, records and compliance with airworthiness directives. It takes from 3 days on a turboprop to 2–3 weeks on a heavy jet and costs $15–100K — paid by the buyer. By market practice the seller pays to rectify airworthiness-affecting defects. A seller refusing a PPI is grounds to walk away.

What taxes and duties apply when importing and registering an aircraft?

The import budget depends on jurisdiction. In the EU the main items are any customs duty (most business-jet codes carry reduced or zero rates) and import VAT, which varies by country of entry (for example 19–22% in much of Europe). Registration in Aruba, San Marino or the Isle of Man under operation outside the EU allows a temporary-admission regime. We produce an exact calculation before the LOI is signed — an error here costs millions.

What should you do after buying an aircraft?

After purchase the aircraft must be entered into service: choose a registry (Aruba, San Marino, Isle of Man or a national one), sign a management and maintenance contract with an operator, enrol the engines on a programme (ESP/JSSI), arrange insurance, hangar and crew, and plan the first maintenance. We support all of these steps. Send us a request — we'll prepare options, calculate running costs and analyse the best fit for your task.

How do you verify an aircraft's legal status and history before buying?

Before a deal we check: title and absence of liens or leases (a registry title search), the full maintenance history and airworthiness-directive records, the status of heavy maintenance checks and engine time remaining, any incident involvement, and compliance with export rules. We organise this review and an independent pre-purchase inspection before any funds move. Send us a request — we'll prepare options, calculate running costs and analyse the best fit for your task.