Many people aspire to own or sail their own yacht, but because of their high value, yachts attract the attention of tax and customs authorities around the world. Ashdown VAT Consultancy has experience in working with yacht owners to find the best arrangements for owning and operating their yachts. For some this may mean operating the yacht in a commercial structure, for others it may mean paying VAT upfront. It all depends on the individual circumstances and where the yacht is to be used. We also work with clients who want to buy and operate aircraft, as similar considerations apply.
Ashdown VAT Consultancy works with several solicitors who specialise in maritime law and several Corporate Service Providers, so we can help you source all the necessary services.