Yachting Services

Superyachts are sophisticated, complex vessels and with rapid technological developments and subject to frequent regulatory changes.

To assist owners to manage their superyachts efficiently our Yachting Specialist offers a comprehensive package of yacht ownership and fiduciary solutions, from international yacht registration, management, administration and crew payroll, to structuring ownership that maximises operational facilities and minimises tax liabilities. Our yachting specialist, which is part of the Knox group of companies, also oversees every aspect of the yacht’s day to day and long term administration.

With in-house specialist expertise our yachting specialist is in a unique position to deliver a tailored solution that not only matches the owner’s requirements, but is of vital assistance to the captain and their crew.

As part of the Knox group of companies, the services of the yachting specialist can be integrated with those of other companies within this dynamic organisation including tax planning, financing solutions, fiduciary services and interior design.

Yacht Ownership Structures

Our yachting specialist can advise and create tailored ownership structures that are both tax efficient and able to achieve maximum operational efficiencies. They can also assist with:

  • Providing VAT advice on both commercial and private yacht ownership
  • Structuring solutions for asset protection in a variety of recognised jurisdictions
  • Advising on acquisitions and sales
  • Advising on the general tax ramifications of ownership

EU Yacht Importation

Our yachting specialist can assist owners with the EU importation of their commercially registered yachts. Yachting services also extend to assisting owners with full and temporary importation of their private vessels, if the qualifying criteria is achieved.

Yacht Registration & Isle of Man Representative Person

A key decision that has to be made by owners prior to enjoying the new yacht is the choice of Flag and Registry. Our yachting specialist can register both commercial and private yachts with all internationally recognised ship registries.

Our yachting specialist is approved by the Isle of Man Ship Registry as a Representative Person. The Isle of Man Registry has built a reputation as one of the world’s most prestigious flag states with a can do attitude, offering the very sought after and internationally recognised red ensign flag.

Yacht Management & Administration

Their yachting service aims to remove the administrative burden from yacht owners and covers all aspects of yacht management and administration, which can be tailored according to the level of assistance required by owners and their captains.
Other services provided through our yachting Specialist include:

  • Crew payroll
  • Surveying
  • Technical Services
  • Insurance

KNOX PRIVATE OFFICE

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