OUR SERVICES

OWNERSHIP STRUCTURE

OWNERSHIP STRUCTURE

A company to own and/or operate a yacht will protect your interests may this be:

  • as part of your structured Estate planning;
  • delegation of the day-to-day running of the yacht;
  • management of the Liability risk.


We suggest to act by a Luxembourg incorporated maritime company in order to get the benefit of the:

  • EU compliant legislation;
  • clear fiscal rules and a large availability of double
  • taxation treaties ;
  • direct taxation of your yachting activity melted with
  • other activities of your maritime company;
  • integration of the forwarded losses in your group.


Keep in mind that your yacht held by your Luxembourg maritime company stays eligible to be registered under any other EU-Flag.


CHOICE OF THE FLAG - REGISTRATION

CHOICE OF THE FLAG - REGISTRATION

The choice of the Flag is more than multi- faceted for depending on:

  • the nationality as the residence of the beneficial owner
  • the sailing area
  • the use of the yacht may this be commercial or private
  • the technical certification of the yacht
  • the support of mortgages
  • etc.

The one & only perfect flag simply does not exist, but we, together with your fiscal and corporate counsels, will look for the one best suiting your individual interests.

Keep in mind that the Flag-state of your yacht does not have any influence of the VAT to be applied on yachts and their chartering in EU-waters.




LOCAL RULES IN CHARTERING

LOCAL RULES IN CHARTERING

The national rules to apply are the one of the port of delivery:

CHARTER IN CROATIA
CHARTER IN FRANCE
CHARTER IN GREECE
CHARTER IN ITALY
CHARTER IN SPAIN

OWNERSHIP STRUCTURE IMPLEMENTATION

OWNERSHIP STRUCTURE IMPLEMENTATION

Providing of:

  • Your maritime company;
  • the registered office;
  • the licence to act as maritime company;
  • company’s directors (free option);
  • maritime manager licence;
  • VAT registration in other EU-countries where required.

YACHT ADMINISTRATION

YACHT ADMINISTRATION

Some aspects:

  • insurance: P&I, Hull & Machinery, Owner’s insurance, crew medical insurance
  • ISM Code transposition on your yacht
  • organize and follow-up of the insurance of your yacht
  • liaise with your broker
  • follow-up of the charter-parties
  • provide the on-shore assistance to your captain
  • APA accounting
  • checking of the bunkering & catering agencies services

TECHNICAL FOLLOW UP

TECHNICAL FOLLOW UP

Providing of:

  • supervision of the maintenance schedules & the periodical surveys for the class as for the Flag-state
  • follow up of the Flag-state‘s or the Port-state‘s inspections reports
  • providing of own surveyor for liaising and troubleshooting during major maintenance or refit
  • all other multi skilled services when required.

ACCOUNTANCY - CORPORATE SERVICES

ACCOUNTANCY - CORPORATE SERVICES

A full integrated package:

  • treasury management & day per day bookkeeping
  • financial reporting
  • annual accounts preparation and filing of the tax returns and VAT returns
  • legal secretariat inclusive the filing & publication with the public companies register

CREWING SERVICES

CREWING SERVICES

The crew on board is the most important part of any vessel’s safety. So professional capacity is of your crew and has to be checked according to STCW–rules and for sure the safe manning rules set by the Flag-state.
According to the Flag of your choice and the sailing area, our task will be to ensure that each member of your crew will get the most cost effective social and medical coverage.

Further on our office will organize and manage:

  • assistance in the crew selection;
  • check-up of the qualifications / STCW endorsements ;
  • employment contracts (SEA according MLC 2006);
  • social security according the flag-state as the port-state requirements;
  • seaman books;
  • payrolls;
  • training schedule/medical certification follow up;
  • liaise with crew agencies;
  • termination service with handing over where required.

Never forget the maxim: HAPPY CREW, HAPPY YACHT!