ASG Business Jet Fleet Report 2015 EN

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ASIA PACIFIC REGION Popular Aviation Registrations – Asia Pacific Region Characteristics Comparison Country of Registration Cost of Registering an Aircraft Time for Registration (Weeks) Effective Import Taxes Ease of Financing Sale Value Attractiveness Internationally New AC Type Delay (Months) Crew Licensing & Training International Operational Flexibility AUSTRALIA Average Reasonable Low Good Good Reasonable Difficult Good AUSTRIA Medium Short None Good Good Short Medium Medium BERMUDA Average Reasonable None Good Good Short Easy Reasonable CAYMAN ISLANDS Average Reasonable None Good Good Short Easy Reasonable CHINA Average Very Long Very High Mostly Local Medium Very Long Very Difficult Medium HONG KONG Expensive Very Long None Good Good Long Difficult Medium INDIA Medium Long High Mostly Local Medium Long Very Difficult Medium INDONESIA Average Long High Restricted Low Reasonable Difficult Low ISLE OF MAN Average Reasonable None Good Good Short Reasonable Reasonable JAPAN Expensive Long Medium Good Good Long Very Difficult Medium KOREA Medium Medium None Reasonable Good Reasonable Medium Medium MALTA Reasonable Reasonable None Good Good Short Reasonable Medium MALAYSIA Average Reasonable High Mostly Local Good Medium Medium Medium NEW ZEALAND Reasonable Reasonable None Good Good Reasonable Medium Good PHILIPPINES Reasonable Reasonable High Restricted Low Medium Difficult Reasonable TAIWAN Reasonable Reasonable None Good Reasonable Long Medium Medium THAILAND Reasonable Medium Medium Mostly Local Reasonable Reasonable Reasonable Reasonable USA Average Short None Good Good Short Easy Good Applicable tax rates & regulations may change without notice and vary depending on the structure of the transaction, the timing and place of entering into agreements. It is therefore advised to retain professional advice before entering into any transaction. 96 ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015

ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 97

ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 97

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