Yacht Deck

VAT & Corporation Financial Management

MANAGING CORPORATE AND VAT MATTERS

The owning company set up and structure for every yacht is unique, in most cases it needs to facilitate compliance with EU & World VAT legislation, intended use of the yacht and Owners expectations.

Global Yacht and Global Group benefit from a tremendous expertise in tax engineering and structure creation. Global Yacht will guide you through all the process, in order to chose the best jurisdiction according to your needs.

Avaiable Jurisdictions : British Virgin Islands, Isle of Man, Monte Carlo, Italy, Malta, Panama, Marshall Island, Montserrat, France, United States of America...

We specialise in dealing with EU VAT and Customs matters and can assist with VAT registration, compliance and EU importation to enable the free circulation of vessels within EU waters.

We provide incorporation, management and control of the ownership structure and a comprehensive range of professional services.

  • EU & World VAT registrations

  • Tailored VAT planning structures

  • Assistance with EU VAT compliance

  • Company Incorporation and administration

  • Professional Company Directors

  • Accounting Services

  • Study of the tax and residential status of the owner

  • Proposed register structure and choice of pavilion

  • Definition and proposal of the commercial register

  • Upgrade according to the desired class (MCA, RINA, ABS, VERITAS)

  • Selection and choice of insurance.

  • Estimated annual running costs of the yacht

  • Opening and management of dedicated bank accounts

  • Management of salaries and daily expenses of crew members. Monthly financial report.