Luxury Assets

Live a larger world

When owning or purchasing a yacht or jet – for leisure or business – it is essential to ensure that the most appropriate ownership structure is put in place to meet your needs and ensure the aircraft is operated in the most efficient manner. Our luxury asset team is expert in the establishment and management of yacht and aircraft ownership structures and work with our clients and their advisors to establish the structure in the most suitable jurisdiction.

We provide:

  • Establishment of tailored VAT efficient structures.
  • Multi-jurisdictional yacht and aircraft registration.
  • Comprehensive administration of the ownership structure.
  • Management and financial reporting.
  • Provision of internal industry updates and information.

Yacht and aircraft VAT planning

Whether you own or are purchasing or maintaining a yacht or aircraft, depending on the type and use of the asset it may be possible to implement a structure that allows for the recovery of VAT on the acquisition and operation of the aircraft. We provide structuring advice, company incorporation and administration, nominee shareholders, and the provision of directors and registered offices. VAT rules do change from time to time but experienced advisors are here to support you over the long term.

The use of the asset is vital when considering your options. Those available to private owners are different to those available for commercially operated assets. The physical location of a yacht or aircraft can also determine which VAT rate is applied upon purchase or importation.

Support for brokers and managers

Crucially, whereas many corporate service providers will duplicate work done by your yacht manager or broker, we will work with your existing providers to ensure no duplication of effort, and therefore no unnecessary fees.

We will also work with brokers right from the start of a potential sale process to ensure VAT planning and its impact on total costs of ownership doesn’t delay the sale.