Aircraft ownership methods
I'm hoping to buy a plane that is currently owned by a limited company based in the Channel Islands. The aircraft is the only asset of the company. The owner has offered to sell me either the company (with the aircraft, obviously) or the aircraft by itself. There would be no premium payable by me to buy the company.
I plan to operate the aircraft on a private C of A, perhaps upgrading it to a Public Transport C of A later in order to recoup some of my costs by having a club use it.
My questions are:
What are the advantages/disadvantages, if any, of having an aircraft contained within a company given the above scenario of use?
Are there any costs involved in owning the company?
Would it be of use when/if I upgrade to Public Transport C of A?
Finally, I would hope to register the aircraft ownership to my home address - does it make any difference (tax?) if a company is registered to my home address?