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.
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
