Is your yacht ownership structure efficient?
Are you paying the right VAT and fees?
There are several reasons why yacht ownership structures may not be as efficient as they could be. Changes in tax law since a structure’s implementation may mean it is out of step with modern best practices. Duplication of work and fees is quite common where there are several parties involved. Structures set up by companies with a regional bias or lack of international knowledge may not make the best use of different jurisdictional opportunities.
Whatever the reason, we can identify potential areas for streamlining with our yacht structure health check. It’s entirely free and can be completed on a ‘no names’ basis if desired.
Your health check will cover:
- Is there any likely duplication of work and fees between providers?
- Are there inefficient cross overs between the Captain, owner, and management company in terms of reporting and expectations?
- Does your structure offer the best arrangements for VAT?
- Is the owner sufficiently protected from liability?
Our health check is completed by highly qualified marine tax and structuring specialists and will include recommendations regarding the next steps for streamlining a structure. If you would like to take advantage of our yacht health check, please complete the form below and we will contact you within 24 hours (Monday to Friday).
The check will be completed by one of the highly experienced yachting experts below.
A yacht structure specialist with two decades of experience in luxury asset management.
Ann is a yachting specialist with a particular knowledge of Mediterranean yacht leasing.