We support yacht owners

You enjoy as we care...

The acquisition and operation of great yachts involves a number of complex and elaborate tasks. However, the owners only wish to indulge in their passion and enjoy.

No worries – we would gladly take over the management of your yacht from you and offer a full-service-all-round-trouble-free package specifically tailored to a situation or requirements, covering all aspects from acquisition, operation to claim settlement...

Our work begins far before acquisition. We map out with you your personal acquisition and operation concept from legal, business, fiscal and financial point of view. We take into account the role of yacht in your asset allocation and also secure against risks as we formulate legal prospects related to acquisition with foresight from the very outset.

The most critical issue is registration as almost all the legal issues are determined by the flag. We have to consider the option that is the best – yachts to be personally and directly handled by the owner or via a holding company. The running business and its management then take the centre stage in an ongoing support program.

After attaining a particular size, the official registration and the corresponding flag-flying for yachts is legally stipulated.

The respective state law then determines the regulations for the operation of yachts.

The selection of flag state needs to be carefully thought out. The flag is a matter of image for every owner as there are substantial differences with respect to integrity, appearance and reliability of particular jurisdictions.

  • Thus, every flag state stipulates the operation and security requirements for a yacht which differ seriously from state to state.
  • Moreover, the selection of flag has significant effects on highly diverse fiscal burdens and consequential charges for the acquisition and operation of yacht.
  • Lastly, very often yachts do form a considerable part of an owner’s asset allocation and may involve ownership, asset and succession related issues which could lead to considerable financial losses when handled imprudently.
  • We pick out the best suitable flag for an owner and provide all the necessary services for a legal and conflict-free operation of the yacht in our full service package.

In the case of the chartering of the yacht we design a commercial concept and advise for the appropriate flag.

We individually select the most suitable flag for him and offer in our full-service package all the services necessary for the safe and conflict-free operation of the yacht.

Going by our experience and after considering all the advantages and disadvantages of various international registration locations, we give preference to MALTA or CROATIA for registration in many cases: immaculate flag image, purposive technical requirements, favourable regulations related to property tax and scopes of design, economic running costs and – depending on the location of yacht head office – tax benefits conforming to European Community Law.

We pride ourselves on handling highly individual requirements and wishes of each customer in an extremely discreet and professional manner. We act as a "family office" which specialises in responding to any questions you may have concerning your yacht!