VAT and tax authorities throughout Europe are now taking a close interest in the yachting industry, especially regarding VAT avoidance schemes.  It is now seen as an essential part of yacht ownership to have the most up to date VAT and tax advice.  Our association with Baker Tilly International is a real resource for this.

Due to the Isle of Man's tax neutral status and VAT regime, we can offer unique planning on the most effective corporate ownership structures for private and commercially operating vessels.

We offer VAT advice based on 30 years experience within the industry.  We specialise in management, advice and operation of mid to super yacht size commercial yachts.  Our wide client base means we have worked with many vessels operating across multiple jurisdictions, both inside and outside the EU.
We can:

• Arrange tailored VAT advice to owners to enable them to minimise VAT exposure
• Assist in the importation of vessels purchased outside the EU
• Arrange and advise on the temporary importation of yacht for non EU residents
• Assist, plan and arrange the VAT compliance for commercial yachts