Protect Yours Assets With A Delaware Company
Own Your Aircraft or Yacht with a Delaware Corporation or LLCAre you aware that all of your personal assets are in jeopardy if you own your new or used aircraft or yacht as an individual or as a partnership? To protect yourself from a total financial disaster, you might want to own your aircraft or yacht as a Delaware Corporation or an LLC. Owning the aircraft or yacht as a Corporation or LLC in Delaware, not only offers you asset protection but privacy and tax savings. Once you have made the decision give us a call for a free consultation or go to our secure form to get started.
Why Select the State of Delaware to Incorporate and Protect My Personal Assets?
If you are going to purchase the aircraft as a Delaware corporation, then why not incorporate in Delaware? Delaware is recognized as having a favorable tax climate. The State of Delaware has:
No Sales tax
No Personal property tax
No Intangible property tax
No Stock transfer tax
As an International Citizen, Can I Still Own My Aircraft or Yacht as a Corporation or LLC?An aircraft or yacht may not be registered in a foreign country during the period it is registered in the United States.. The FAA will not permit a non-citizen to register an aircraft as an LLC. They will however permit an aircraft to be owned as a "C" Corporation as long as the aircraft is flown in the US 60% of the time. The FAA requires a log of flown hours completed by every non-citizen owned Corporation mailed to the Delaware address every six months for validation. When received, we will scan the form and email to you. To initiate FAA registration of the aircraft, the non-citizen Corporation will have to provide the FAA with a Certified copy of the Certificate of Incorporation along with a Bill of Sale, the Form 8050-1 and a fee of $5. The state of Delaware has no restrictions for non-citizen Corporations for yacht registration. For yacht owners who wish to document their vessel with the USCG, the Coast Guard requires that a non-citizen Corporation be owned 75% US citizens. Proof of US citizenship equally 75% will have to be provided upon application. For those non-citizens requiring either FAA registration or USCG docuementation without restrictions, we offer a Trustee Owned Corporation package. Please contact us for information about this opportunity.
What are the Fees and Costs?
We offer a "Special Internet Incorporation Package" of $365 to all clients with a US mailing address. If mail is being sent to a country other than the US the fee is $430. For additional infomation go to: