Commercially operating structures for new builds:
- Set up of corporate structure
- Assistance with new build contract terms
- Registry
- Acquisition/VAT recovery
- Management of all commercial yacht and owner obligations
Commercially operating structures for existing yachts:
- Set up
- Assistance with sale and purchase contract obligations/sale completions
- Importation into EU/VAT recovery (via France, Spain, Malta or Portugal)
- Transfers of Going Concern
- Management of all commercial yacht and owner obligations
Specific structures for UK resident and domiciled individuals, considering the following tax liabilities:
- VAT
- UK benefit in kind tax
- UK Inheritance tax
Offshore based structures for non-EU residents:
- Advice on Temporary Importation and set up of off shore structures
Leasing structures - Yachts:
- Malta leasing
- Advice on all lease/finance solutions
Aircraft services:
- Import and acquisition advice
- Provision of private or commercially operating ownership structures
- Registration in a selection of both on and or off shore jurisdictions
- Provision of lease agreements
- Aircrew agreements and employment
Crew structures:
- Up-to date advice on EU employer and employee social contributions " Payroll and administration of social contributions
- Offshore crew employment
- Compliance with flag state manning requirements
Local Support:
- Global advice and support with respect to local regulations and legislation affecting yachts in all jurisdictions.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.