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Global Corporate Services Inc.
704 N. King Street Suite 500
P. O. Box 1031
Wilmington, DE 19899
County of New Castle

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Incorporate Your Airplane in Delaware in 24 Hours
Protect your assets with a Delaware Corporation or LLC - filed in 24 hours

 

Aircraft Advanced Internet Offer - $345.00

 
  • Includes Free Name Search
  • 24 hour Overtime Processing
  • All State Filing Fees
  • Registered Agent fee for 2008
  • Processing of SS4 for EIN. Delaware Limited Liability Company
     
     

Are you aware that all of your personal assets are in jeopardy if you own your new or used aircraft as an individual or as a partnership? To protect yourself and your family you might want to own your aircraft as a corporation or an LLC?

To shield yourself from total financial disaster take advantage of the limited liability offered by a Delaware Corporation or a Delaware Limited Liability Company. Owning an aircraft in this manner can offer you asset protection, privacy and tax savings. Once you have made the decision Delaware Limited Liability Companyclick here for our secure credit card application. Non-citizen corporations are permitted to register their airplanes as long as they meet with the regulations as set forth by the FAA.   See Below

Why should I select the state of Delaware to Incorporate?

  • Delaware is recognized as having a favorable tax climate. Delaware has

    No sales tax **

    Personal property tax 

    Intangible property tax or 

    Stock transfer tax 

  • There is no Delaware corporate income tax assessed for income derived outside of the State of Delaware.

  • There is "No" minimum capital is required to form a Delaware Corporation or Delaware LLC.

  • Corporate records can be kept anywhere in the world.

  • It is only necessary for one person to act an officer, director and/or share-holder of a corporation or member of a Delaware Limited Liability Company.

  • No formal meetings are required and shareholders need not be U.S. citizens.

  • Ownership of a Delaware corporation or limited liability company is strictly confidential. Anonymous filing is available as an option to preserve your privacy.

  • Any legal business may be conducted in Delaware.

  • There is no state income tax for Delaware corporations that operate out-of-state; therefore

  • Delaware companies do not have to file a corporate income tax with the state of Delaware "unless they have a physical presence in the state." However, all Delaware based companies must file an annual franchise tax or annual report to the Secretary of State of Delaware.

  • Unique to Delaware is the formation of the Series LLC in Delaware.

  • The Delaware Court of Chancery is the oldest business court in the country and uses judges instead of juries

It is important to note that sales tax shelters are situational. Many states have "user taxes" and the like. One should consult with a legal or tax advisor to determine if a tax on a aircraft will be due in the State in question. 

** Note:  Idaho Residents 

  • ** Vehicles/vessels/aircraft purchased outside Idaho by an LLC 100% owned by an Idaho resident are subject to Idaho use tax at the time the vehicle first enters Idaho. Interest, and a penalty of up to an additional 50% of the tax due, will be added if use tax is not voluntarily paid by the owner when the vehicle first enters Idaho.
  • **An LLC formed in another state and owned 100% by an Idaho resident is not exempt from sales tax on purchases made in Idaho. Sales tax will be collected by the Idaho dealer at the time of sale. 

When initially purchasing an aircraft there is always a possibility that a use tax may be assessed in the state they are actually keeping or using the aircraft. The advantage of purchasing the aircraft as a corporation truly comes into being when they opt to sell the aircraft.

What are the advantages of selling the stock and assets of the corporation or LLC in lieu of the sale of the aircraft?

In most cases, the prospective owner will have to pay a sales tax again on the purchase of the aircraft. With this in mind from the outset, not only will the prospective owner derive the advantages of ownership as a corporation, when the aircraft is subsequently put up for sale, the owner has the flexibility of selling the aircraft as an asset of the corporation or selling the entire corporation of which the aircraft is an asset. The latter circumstance is accomplished by simply transferring the shares of stock in the corporation over to the new owners.

This arrangement can be very attractive to the prospective purchaser because title to the aircraft has not changed hands since it is still registered to the corporation. Therefore, no sales tax may be assessable on the transfer, and, no re-registration costs are incurred.

In fact, an additional savings occurs because the aircraft does not need to be registered with the FAA and avoids the hassle.

To protect yourself and your family you might want to own your aircraft as a corporation or an LLC.

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To change to Global as your new agent click here. The fee is $224.00 and includes the 2008 agent fee of $90.00 and all state filing fees. Remember, we have been in business for over 28 years.

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Aircraft Registration Contact Info

By Telephone Aircraft Registration Information and Assistance

Toll Free (866) 762-9434
International & Local Oklahoma City Area (405) 954-3116

By Fax
(405) 954-3548 * (405) 954-8068

By E-Mail
E-Mail Aircraft Registration Branch

By Mail

FAA Aircraft Registration Branch, AFS-750
P.O. Box 25504
Oklahoma City, OK 73125-0504

Commercial Delivery Services:

FAA Aircraft Registration Branch, AFS-750
Registry Building Room 118
6425 South Denning
Oklahoma City, OK 73169-6937


Aircraft Registration - Eligible Registrants

Note:  A non-citizen corporation organized and doing business under the laws of the state of Delaware (or any other state) can own register an aircraft as long as they comply with the following rules as cited in § 47.9 Corporations not U.S. citizens.

An aircraft is eligible for U.S. Registration if it is owned by:

  • A U.S. citizen. A U.S. citizen by definition of FAR Section 47.2 can be an individual, or partnership where each individual is a U.S. citizen, or a corporation organized under the laws of the United States, State, Territory or possession of the United States of which the president and two-thirds of the board of directors are U.S. citizens and 75 percent of the voting interest is owned or controlled by U.S. citizens;
  • a Resident Alien (foreign individual lawfully admitted for permanent U.S. residence
  • a U.S. governmental unit or subdivision
  • a non-citizen corporation lawfully organized and doing business under the laws of the U.S. or one of the States as long as the aircraft is based and primarily used in the U.S. (60% of all flight hours must be from flights starting and ending within the U.S.) An address for all records or flight hours must me available for inspection.

The aircraft may not be registered in a foreign country during the period it is registered in the United States. You must provide the FAA with legal evidence of ownership e.g. Certificate of Incorporation.

You must apply for a Certificate of Aircraft Registration from the Civil Aviation Registry before it may be operated. Do not depend on a bank, loan company, aircraft dealer, or anyone else to submit the application for registration. Do it yourself (in the name of the owner, not in the name of the bank or other mortgage holder).

If you would like us to prepare the documents for your FAA registration Form 8050-1 our fee is $125.00. Click here and select Other Services Not listed.

You can help make sure your aircraft is properly registered by verifying that the aircraft description entered on the Aircraft Registration Application and Aircraft Bill of Sale (or equivalent) is identical to the data inscribed on the aircraft manufacturer's data plate. The data plate is permanently affixed to the aircraft fuselage by the manufacturer. This quick and simple check should help avoid delays in the issuance of the AC Form 8050-3, Certificate of Aircraft Registration.

Aircraft Previously Registered in the United States

You should immediately submit evidence of ownership, an Aircraft Registration Application, and a $5 registration fee to the Federal Aviation Administration, Civil Aviation Registry, AFS-750, Mike Monroney Aeronautical Center, P.O. Box 25504, Oklahoma City, OK 73125. Fees required for aircraft registration may be paid by check or money order made payable to the Treasury of the United States.

A bill of sale form that meets the FAA's requirements for evidence of ownership is AC Form 8050-2, Aircraft Bill of Sale, which may be obtained from the nearest FSDO. The form includes an information and instruction sheet. If a conditional sales contract is the evidence of ownership, an additional $5 fee is required for recording. For FAA registration, the bill of sale need not be notarized. (Refer to figure 1)

 


Disclaimer: You are responsible for making sure that all documents submitted for the purpose of opening an are suitable for such purpose and otherwise legally sufficient. This includes, without limitation, ensuring that the documents are properly dated, executed, and certified where appropriate. Global Corporate Services, Inc. reserves the right to retain any moneys it receives if there is positive evidence of fraud or any other material civil or criminal infractions by the applicant. Intentional falsifying or withholding of information may subject the applicant to prosecution under the laws of the State of Delaware and United States. In select cases, Global Corporate Services, Inc. may be obligated to share  information with appropriate state and federal authorities. 

Global Corporate Services, Inc. is a registered agent and document filing service. Our company provides general information and incorporation filing services. We do not offer legal or financial advice, however we do have partners who offer this type of service. The use of our phone numbers on your web site or your corporate stationary is prohibited.

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