YACTS & YACHTING

Yacht finance, regulations, provisional, permanent or bareboat charter registration, parallel-in, parallel-out, yacht ownership, tax planning, leasing.

Our consultants aim to attend to the needs of yacht owners, ship operators and other professionals engaged in yachting and related business.

Our yacht consultants team has extensive experience in ship and yacht registration and parallel registrations of such in any country in a timely manner.

Our team can assist with yacht registration and advise on how to enjoy the very attractive VAT leasing (for example, the Cyprus scheme for yacht, mega-yacht and sailing boat owners, which has been renewed for a further ten years as of October 2019).

We can advise on a variety of shipping-related matters, particularly:

Chartering (bareboat, time & voyage)

Tax planning and structuring of ship owners via the Cyprus Tonnage tax system and various qualifications

Tax planning and structuring on the sale or purchase of mega yachts.

Transfer of ownership/name

Change of name

Drafting and negotiation of ship management agreements and other related contracts

Recording, transfer and discharge of mortgage

Issuance of STCW endorsement

Payroll management and employment matters (i.e. officers and crew)