Looks like it., and as
@ahw01 indicated, being able to circulate in that Eurozone as a native has value for an airline.
“Since 2007, Malta has offered a compelling corporate tax system whereby non-residents can claim tax refunds. In practical terms, this means that the standard 35% corporate tax rate is often effectively reduced to 0%-5%. If you’re considering aircraft registration in Malta, it’s also worth remembering that income from international transport of goods and passengers outside the country is exempt from Maltese tax.
As an EU member state since 2004, the Maltese aircraft register permits free circulation of aircraft in the eurozone – which in turn allows tax-free commercial operation.
The country offers the ideal legislative environment, with an extensive double-tax treaty network and transparency of rights and interests.
As a further benefit, there’s no duty on importing civil aircraft to Malta – and aircraft are not subject to stamp duty.”
Air CM shows the main benefits of the Maltese aircraft register including tax free EU commercial operation, attractive corporate tax systems and much more.
www.aircm.aero
I suspect this is why all the Aeroflot, Redwings, S7, etc. Airbus and Boeing jets (and Yaborã, lol) in Russia are registered in places like Anguilla; Russia must have a crazy import tax.
