Gibraltar offers a competitive environment for aircraft ownership and registration.
In accordance with CAP GEN 02 – Registration of Aircraft, an aircraft registered in Gibraltar is exempt from the payment of import tax.
Key fiscal features include:
- No import duties or indirect taxation on aircraft unless based in Gibraltar
- No capital gains tax or wealth tax in Gibraltar
- No annual aircraft ownership or registration tax
- Corporation tax applies only to Gibraltar-sourced income
- Non-resident owners are not taxed in Gibraltar solely due to aircraft ownership
Gibraltar’s tax-neutral framework applies to the aircraft’s registration and, where applicable, its importation into Gibraltar. However, aircraft owners and operators should be aware that VAT, customs duties, and other tax obligations may arise in the jurisdictions where the aircraft is imported, based, or operated, including the United Kingdom and European Union Member States. These obligations are separate from the aircraft registration process and will depend on the ownership structure, intended operation, and the applicable laws of the relevant jurisdiction.
Applicants are strongly encouraged to obtain independent professional tax advice regarding the ownership, registration, importation, and operation of their aircraft.