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There are many variables in determining the correct structure for investment holding vehicles, and the ownership options of as substantial and investment as a yacht should be carefully considered. Nationality, area of operation, jurisdiction laws and regulations, pleasure or private use, and the wishes of the owners have the combined effect of making ownership choices complex and confusing. A vessel can be owned by an individual, an investment holding company, as a commercial operation or a combination of these. The jurisdictions available are numerous and each has its own advantages and sometimes disadvantages. We apply our experience to provide the ideal ownership solution for each individual case in order to optimise tax efficiency. We advice on the compatibility of ownership structure and flag administration and take into account the benefits of a number of flag administrations worldwide. We do not pretend to have all the solutions but our experience tells us where to look for them. Our contacts, associates and partners provide the combined workforce to produce results. |
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