HSM LAW
HSM Recognised as a Chamber Champion for 2023 Sponsorship
HSM is proud to be recognised again as a Chamber Champion at the Cayman Islands Chamber of Commerce Annual General Meeting on 28 February 2024 at The Marriott Resort, Grand Cayman. For the fourth year in a row, HSM’s recognition Read more +
HSM’s 2023-24 Internship Programme Nearing Completion
The HSM Group is proud to continue its internship programme in partnership with the Cayman Islands Further Education Centre (CIFEC) by offering 13 placements for the 2023/24 academic year. As part of the CIFEC curriculum, the internship began in October Read more +
Chambers and Partners Features HSM Group in Global Legal Guide 2024
The HSM Group is pleased to be featured by Chambers & Partners in their 2024 Global Legal Guide. Our Intellectual property practice, HSM IP, has once again been ranked as a top tier law firm in their Global (Caribbean-Wide) Intellectual Read more +
Legal Challenges and Potential Conflicts in Serving Both Insurance Companies and Insured Parties
In the myriad varieties of insurance claims, attorneys can find themselves walking a tightrope when representing both insurance companies and insured parties concurrently. While this dual representation often provides a practical and cost-effective solution, it introduces challenges that require meticulous Read more +
Why Should You Register an Aircraft in the Cayman Islands?
The Cayman Islands, consisting of Grand Cayman, Cayman Brac and Little Cayman, are a British overseas territory located in the western Caribbean Sea.
Cayman is a major world offshore centre and a tax neutral environment, which, in conjunction with the Cayman Register being rated as a “Category 1 Aviation Regulatory Authority” by the US Federal Aviation Administration, makes it an attractive choice for many owners and management companies with corporate aircrafts.
The Cayman Islands, since 1976, has been attracting a number of Aircraft Registrations and presents a viable alternative to the US, and other registration jurisdictions.
The Cayman Islands acts under the purview of the British Civil Aviation Authority.
The process of registration generally takes 2 to 3 weeks to complete.
The Cayman Islands aircraft register is highly respected and recognised throughout the international aviation industry. The majority of the aircraft on the Aircraft Register are private exclusive jets but there is also increasing interest in the Cayman Register to register commercial aircrafts.
The Cayman Register can be used to register an aircraft in the “private” category, and this has been expanded to include all turbo-jet aircraft, all other aircraft above 5,700kg and helicopters that are based on yachts.
Benefits of Cayman Registration
- Tax Neutrality
- Low Profile Registration Mark
- Compromise Jurisdiction where an owner and financier reach an agreement to register in a neutral jurisdiction.
- Efficient Regulation
- Type Certifications – By registering on the Aircraft Register the expense of being the first to register a given type of aircraft elsewhere can potentially be avoided
- The Cayman Islands Civil Aviation Authority are efficient at responding to owners and operators’ queries
Why HSM?
HSM is a law firm in the Cayman Islands that can guide you on how to register an aircraft in the Cayman Islands and is listed as a service provider by the Civil Aviation Authority of the Cayman Islands.
For more details on our aircraft registration services, visit https://hsmoffice.com/law/aircraft-registration.
