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Agenda

Thursday, 14th October 2010

13:15
Registration and refreshments

14:00
Opening remarks by the conference Chairman
Michael Imeson, Contributing Editor, Financial Times Group

14:10
Flying the flag: Corporate aircraft and luxury yacht registration and management in Malta
  • Malta: a vibrant commercial and financial centre in the European Union, strategically located in the heart of the Mediterranean.
  • A centre of excellence for the aviation and maritime sectors.
  • Malta as a jurisdiction for aircraft and ship registration and management, and the specific benefits for owners and operators of corporate/private jets and luxury yachts.

Dr Austin Gatt, Minister for Infrastructure, Transport and Communications, Government of Malta

14:20
Taking off in a new direction: Malta’s aircraft register
  • Global developments in corporate aircraft ownership, registration and management.
  • What the Maltese government has done to make Malta an attractive place to register and manage corporate and private jets:
    • Ratify the Cape Town Convention this year.
    • Pass the Aircraft Registration Act 2010.
    • International promotional activity by Transport Malta.
  • The legal, commercial, financial, and technical benefits of registering aircraft in Malta:
    • Robust international and domestic legal and regulatory regime.
    • Efficient administrative procedures, and a large local pool of lawyers and other professional service providers.
    • Relatively low costs and tax.
    • First-rate aircraft repair and servicing operations run by Germany’s Lufthansa Technik and Switzerland’s SR Technics, and an excellent safety tradition.
Dr Max Ganado, Managing Partner, Ganado & Associates

14:35
Panel discussion: Malta’s competitive advantages for aircraft owners
and operators
  • Malta as a commercial centre, and its strengths in the aviation sector
  • Aircraft registration in Malta compared with other jurisdictions: the legal and regulatory framework, administrative services, low costs and tax, aircraft repair and maintenance. Is there room for improvement?
  • Case studies: business and private jet owners choosing the Maltese register.
Panel moderator
Michael Imeson, Contributing Editor, Financial Times Group

Panelists
Richard Gaona, President, Comlux
Richard Ogden, Ernst & Young
Cor Vrieswijk, Chief Operating Officer, easyJet
Dr Max Ganado, Managing Partner, Ganado & Associates


15:15
Refreshments break

15:40
Building on tradition: Yacht and super yacht registration
  • International developments in luxury yacht ownership, registration and management.
  • What Transport Malta is doing to promote the country’s attractions as a place to
  • register and manage yachts, building on its reputation for having the world’s 8th biggest shipping register.
  • The legal, commercial, financial and technical benefits of registering yachts in Malta:
    • Robust international and domestic legal and regulatory regime.
    • Efficient administrative procedures, a large local pool of lawyers and other professional service providers, quality marinas and a popular yachting and holiday destination
    • Relatively low costs and tax.
    • Availability of support services and facilities.
Dr Ann Fenech, Managing Partner, Fenech and Fenech Advocates

15:55
Panel discussion: Malta’s attractions for luxury yacht owners and
operators
  • Malta as a commercial centre, and its strengths in the luxury and commercial yacht sector, including marinas, servicing and repair yards.
  • Yacht registration in Malta compared with other jurisdictions: legal and regulatory framework, administrative services, low costs and tax, excellent repair and maintenance facilities. Is there room for improvement?
  • The benefits of the Malta Commercial Code.
  • Case studies: yacht owners and operators choosing the Maltese register.
Panel Moderator
Michael Imeson, Contributing Editor, Financial Times Group

Panelists
Nick Maris, CEO, Camper & Nicholsons
Paul Asher, CEO, Arrow
Dr Ann Fenech, Managing Partner, Fenech and Fenech Advocates
Tom Perkins, Former Owner, Maltese Falcon


16:35
Tax considerations for aircraft and yacht owners
Dr Neville Gatt, Tax Partner, PwC Malta

16:55
Closing remarks by the Chairman

17:00
Networking reception

17:45
Conference ends



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