CONSULTING

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Consulting

Whether you wish to call on expert knowledge and guidance as and when the need arises, or require assistance in navigating the complex and ever-changing regulatory and fiscal environment that surrounds yacht ownership and operation, we will advise on and implement the optimal structure to ensure the most efficient Ownership and operation of your yacht.

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General Yacht Consulting

  • On call as and when required to provide guidance to Owners, Captains and Crew as the need arises

  • Assistance in itinerary planning, berth reservations and appointing of agents

  • Part sourcing and purchasing and arranging technical support

  • Checking and challenging invoices and obtaining alternatives quotes

  • Ensuring compliance with requirements for charter operation

Corporate Services

  • Advising on choice of suitable onshore or offshore jurisdiction for incorporation of owning company

  • Administering incorporation process in jurisdiction of choice

  • Administration of owning company

  • Appointing professional company directors
  • Manage company bank accounts

  • Preparation of company financial statements

  • Preparation and filing of tax returns, where applicable

Assistance in Fiscal & VAT Matters

  • Assessment of beneficial Owner’s and legal Owner’s tax circumstances

  • Advising on optimal tax structure for yacht ownership and subsequent operation

  • Implementation of preferred structure

  • Advising on the options available to the Client to allow for free circulation of the vessel in the EU and where applicable, implementing of various VAT schemes for the importation of the vessel into the EU at reduced VAT

Assistance with Yacht Financing

  • Evaluating suitable financing options

  • Presenting of specific case to our network of selected partners

  • Provision of required information and preparation of required documents

  • Negotiating of term sheet for the Client

  • Provide asset management services and periodic reports to the Financier and Client

New Build Supervision

  • Setting up new build Management Team
  • Reviewing specification for new construction
  • Preparing budget and set-up cost for new project

  • Assistance with plan and drawings approval
  • Attendance to shipyard
  • Assistance with Flag and Class registration
  • Purchasing and shipment of set-up deliveries
  • Sea trial and commissioning of equipment
  • Negotiating and settling warranty claims

Owner’s Representative

  • Monitor and evaluate the performance of the existing structure and key contracted parties
  • Implement performance and cost control measures to regulate existing structure
  • Request and review monthly reports from the various key contracted parties and compile periodic comprehensive overview report for the Client
  • Continuously review all financial transactions, investigate deviations from financial targets and implement corrective actions