Private client

Services: Yachting services

At First Names Group, our specialist yachting services team is committed to delivering the very best client service as standard. Whether you are a superyacht owner, captain, family office, technical manager, financier or professional adviser, you can rely on our experts to deliver timely and bespoke solutions to protect and make the most out of your luxury assets.

With more than 50 years’ collective experience in the sector, our highly skilled team has been responsible for the ownership structures of some of the world’s most prestigious and valuable superyachts.

We have the knowledge and the experience to assist with all aspects of yacht ownership, administration and management, including:

Yacht ownership structures

We provide bespoke corporate structuring solutions to suit individual circumstances, utilising a range of jurisdictions (including the Isle of Man, Cyprus, Malta, Ireland, BVI and Cayman Islands) to protect your asset and ensure operational and tax efficiencies.

Yacht registration

We handle all facets of yacht registration on behalf of our clients, including registration under construction, transfer of registry and deletion. We liaise closely with all relevant parties, ensuring seamless coordination through to completion.

VAT and Customs compliance

Our experts collaborate with yacht owners and legal/financial intermediaries relating to EU VAT and Customs matters, offering practical support on implementation as required.

EU import and export

We handle permanent yacht importation, temporary importation, exportation and Inward Processing Relief (IPR) at multiple locations.

Financial administration and VAT reporting

Our experts provide comprehensive operational support to yacht owning entities across multiple jurisdictions, including:

  • Review of draft contracts for compliance with EU VAT and Customs law
  • EU VAT Registration processing
  • Bookkeeping
  • Financial statements
  • VAT accounting
  • Return submission

 

Can we help?

To discuss your requirements, or if you’d simply like to find out more about the yachting services we offer, don’t hesitate to get in touch with Grant Atchison, Associate Director, at Grant.Atchison@firstnames.com or by calling his direct line +44 1624 653145.