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Frequently Asked Questions

About

Ownership Structures and Corporate Services

What does Martyn Fiddler do?

Martyn Fiddler designs and administers bespoke ownership solutions for high value assets, including aircraft, marine, corporate and other significant holdings such as art or vehicle collections.

By integrating governance, EU and UK VAT and customs expertise, Martyn Fiddler delivers coordinated entities that are compliant, robust and built for long term assurance.

  1. We are a Corporate Service Provider (CSP); experts in establishing and maintaining compliant companies and trusts.
  2. We provide EU & UK VAT advice.
  3. We provide customs support covering; law, logistics and aircraft operations.

Our areas of expertise include:

  1. High value asset ownership: bespoke solutions, legal, management and corporate governance, and accounting.
  2. Taxation: UK and EU VAT advice; formal VAT opinions, and customs duties guidance.
  3. Customs: EU import and export solutions, inward processing, and customs warehousing.

Simply put, we support clients by forming companies to own aircraft or superyachts in a way that is tax efficient, compliant and fully aligned to what they want to achieve. The work beneath the surface may be complex, but the experience for our clients should always feel simple.

An ownership entity is the legal and corporate framework through which an asset is acquired, held and operated.

These structures may involve companies, partnerships, trusts or other entities, depending on jurisdiction and objectives. Martyn Fiddler establishes and administers tailored ownership vehicles that comply with relevant jurisdictional and asset class requirements.

No two ownership situations are the same. The right ownership vehicle ensures liability is managed appropriately, tax and VAT are considered from the outset, and governance requirements are properly addressed for the asset and jurisdiction involved.

Martyn Fiddler designs and administers tailored entities so ownership remains secure, compliant and fit for purpose.

A Corporate Service Provider establishes and administers companies and trusts, provides fiduciary oversight and ensures compliance with regulatory frameworks.

As a regulated provider in the Isle of Man, Ireland and the United Kingdom, Martyn Fiddler delivers corporate and trust services that underpin secure ownership entities.

An integrated ownership solution is a coordinated entity that brings together governance, corporate administration, EU and UK VAT and customs expertise within a single framework.

Rather than addressing these disciplines in isolation, Martyn Fiddler aligns them from the outset to ensure ownership is compliant, efficient and operationally practical across jurisdictions.

Tax and VAT

What VAT considerations apply to high value assets such as aircraft and vessels?

Tax treatment depends on the ownership vehicle, the asset’s use, jurisdiction and cross border movement.

Martyn Fiddler provides specialist EU and UK VAT and tax advice, ensuring ownership entities are technically robust and compliant across jurisdictions.

In certain circumstances, VAT exposure may be managed through correct formation and application of customs and tax rules.

Martyn Fiddler provides detailed technical analysis and formal advice to ensure EU & UK VAT treatment is appropriate and sustainable within the relevant jurisdiction.

Cross border use can create complex VAT obligations, including import VAT, reporting requirements and place of supply considerations.

Martyn Fiddler coordinates tax and customs oversight to reduce unexpected exposure and ensure high value asset ownership remains compliant across the UK and EU.

Our tax team is made up of qualified Chartered Tax Advisors, professionals with decades of specialist experience in EU and UK Customs and VAT matters.

Combining deep technical expertise with practical commercial understanding, we provide clear, robust advice that supports fiscally efficient and compliant ownership for UK and EU operation of business aircraft.

Customs and Importation

What customs procedures apply when importing an aircraft or superyacht?

Assets entering the UK or EU may be subject to permanent importation, temporary admission, inward processing or customs warehousing, depending on the intended use and ownership entity.

Martyn Fiddler advises on the appropriate regime and manages implementation to ensure compliance and operational continuity.

Common requirements include import declarations, valuation evidence, proof of ownership and supporting commercial documentation.

Martyn Fiddler completes the necessary customs formalities and helps clients secure the correct customs status for their asset.

Jurisdictional Considerations

What are the benefits of using the Isle of Man for high value asset ownership?

The Isle of Man is an internationally recognised and well regulated business centre with a stable legal framework and globally respected aircraft and ship registries.

It offers regulatory certainty, experienced professional services and tax neutral corporate entities in many cases.

As a regulated Corporate Services Provider in the Isle of Man, Martyn Fiddler establishes and administers ownership vehicles that align with both local and international compliance standards.

Ireland is a leading international jurisdiction for aviation and cross border business, offering a well established legal framework, intensive treaty networks, and access to experienced professional services.

Through our Irish presence, Martyn Fiddler assists clients in establishing and administering ownership vehicles that align with commercial objectives while meeting regulatory, EU and UK VAT, and compliance requirements.

Governance and Compliance

Why is governance central to high value asset ownership?

Governance ensures ownership entities operate transparently and in accordance with regulatory expectations.

Martyn Fiddler provides fiduciary oversight grounded in decades of experience across multiple jurisdictions, reducing risk and supporting long term continuity.

Ownership across multiple jurisdictions increases regulatory obligations, reporting requirements and oversight complexity.

Martyn Fiddler coordinates governance, EU & UK VAT and customs supervision to ensure high value asset ownership remains compliant in each relevant territory.

Special Missions and Complex Scenarios

How does Martyn Fiddler assist in complex ownership situations?

Some high value asset ownership scenarios involve regulatory change, insolvency, distressed transactions or unusual cross border challenges.

Martyn Fiddler’s special missions capability integrates governance, EU & UK VAT and customs expertise to deliver practical, compliant solutions in demanding circumstances.

Specialist advice should be sought at the earliest planning stage.

Martyn Fiddler assesses governance, EU & UK VAT and customs considerations before acquisition to reduce risk and avoid costly restructuring later.

Martyn Fiddler clients include ultra high net worth individuals, family offices, private offices, lawyers, brokers, manufacturers, maintenance and advisers, seeking coordinated ownership solutions across jurisdictions.

Need to speak to our experts?

Whether you are acquiring a new asset, reviewing an existing ownership entity or planning for the future, our team is here to provide clear, confident guidance. A short call is usually enough to identify the right route.