Kgotso Matjila

Aug 21, 2023 | mondaq.com | Sarah Brehaut |Chris Hutley-Hurst |Kim Paiva |Kgotso Matjila

1.1 Sales Agreements 1.1.1 Taxes/Duties Payable Upon Execution of the Sales Agreement There are no Guernsey taxes or duties payable upon executing an aircraft or engine sale agreement (including for the sale of an ownership interest in an entity) where the asset is either located physically in Guernsey or owned by a domestic party 1.1.2 Enforceability Against Domestic Parties Guernsey law has no formal legal requirement that a sale agreement must be translated, certified, notarised or...