Fiduchi Yacht Services has over 40 years of experience in the creation of a range of corporate ownership structures for high-value assets such as superyachts.
Properly set up and maintained corporate yacht structures, whether onshore or offshore, limit the liability of the beneficial owner to the value of the assets in the structure. It also protects the officers or directors of the company. If the company’s liabilities exceed its assets or if the company is unable to pay its debts as they come due, in most cases the company is simply dissolved.
Owning the yacht in a company also provides confidentiality and privacy for the owner where corporate directors and nominee shareholders are employed. Offshore entities often do a better job of maintaining the anonymity of the beneficial owner and can also provide other benefits which aren't necessarily provided by the selection of a given flag state.
Vessels of all shapes and sizes can be used for a charter business and a properly created offshore structure and business can provide tax benefits to the beneficial owner.
Many banks prefer to lend to recognised offshore structures for the financing. A well regulated jurisdiction affords greater comfort that the structure is properly maintained.The formation and administration of offshore structures involving the use of trusts, foundations, companies, limited liability partnerships, and incorporated or protected cell companies is Fiduchi Group’s area of expertise. Fiduchi is regulated by the Jersey Financial Services Commission and Jersey is ranked as one of the top international finance centres globally.
Although our principal focus is Jersey, we can set up and administer structures that include companies from other jurisdictions such as the British Virgin Islands, Cayman Islands, Dubai, Gibraltar, Guernsey, the Isle of Man and Malta. Fiduchi do not provide legal or tax advice but will work together with a professional team of advisers to provide a bespoke corporate structure that provides the beneficial owner with all the benefits detailed above.
Web enabled, 24/7 access to all plan information for company stakeholders
Information updated in real-time
Ability to view and filter all participants
Access to suite of pre arranged, Business Intelligence reporting
Complete management oversight and control for company
Ability to create and schedule your own reporting
"Fiduchi's Online Share Plan Administration portal, has saved time, money and paper, and [it] allows us to become more efficient in the managing of our employees share awards. It's really fantastic what an impact this platform has made."
Head of People - Tech startup company.
Onboarding of your data to our online platform is easy regardless if you choose a fully-managed or self-service in-house solution. By making the switch to our platform, you can upgrade from having to manage your share plan data on complicated spreadsheets. Plus, to make the process as simple as possible, our experts will assist you every step of the way and we also provide helpful guides.
For businesses who opt for our fully managed solution, our platform is able to deal with each business’s unique requirements. When it comes to dealing with exact legal and regulatory issues, our platform will be able to automatically determine the actions required for each award or vesting, specific to the country in which the company operates. Therefore minimising the risks and allowing full compliance from a legal and regulatory position.
Our platform uses the highest standards to protect the valuable data and assets we hold on behalf of our clients. Our platform provider has a team of in-house cyber security and IT professionals to protect our system and carry out security audits, due diligence, penetration testing and to oversee potential threats. They are fully regulated, accredited and certified by a range of statutory and non-statutory bodies including the US Department of Commerce’s Privacy Shield.
Our platform can be branded to match your company’s own brand, therefore becoming a professional extension of your employee benefits. You can set role-based access and let your employees and shareholders log into their own online branded share platform anytime, anywhere and see exactly what shares they have and how much they are worth. They can also easily accept grants, exercise options, calculate potential pay-outs and more.
"Thank you very much for your professional assistance (and patience) in helping us transfer our shares and assets into the new Trust. I know that it has taken longer than expected. Still, your professionalism and continued support have helped us achieve the desired outcome."
"My sincere thanks for the assistance you have provided the advisory committee by coordinating directly with the charity to formalise an agreed donation plan."
"Many, many thanks for your hard work and speed at setting up our client's Private Investment Company in just 24hrs! Your flexibility and communication throughout the whole process have been appreciated, and the feedback has been tremendous......
"Thank you, everyone, for delivering this significant re-structure to our family assets and within a very tight timeframe.
Great to get this finalised!"
“I am very impressed with the professionalism and efficiency Fiduchi Limited demonstrated during the establishment of our employee benefit trust. They coordinated the process seamlessly and provided us with valuable advice and guidance to ensure compliance with our regulatory and legal responsibilities. Throughout my engagement with the team, I have found them to be approachable and easy to work with.”
"Thank you for helping us with the establishment of our real estate fund."
"Thank you so much for helping my client register their vessel with the Red Ensign Group and all the other advice and support you provided!"
"Fiduchi's yacht team provides a first-class service! In particular with assisting us with our crew banking requirements and payroll services. Whenever we need assistance, they are just a phone call away!"
For prospective superyacht buyers in the Middle East, having the right advice before making your purchase particularly important. The legal rules and fiscal regulations around yacht ownership and management are complex in Europe, especially when compared to the relatively low tax GCC jurisdictions. This article examines some of the key points that should be considered by Middle East clients.
Spending time aboard your own luxury superyacht anchored in a secluded and sheltered spot provides the perfect scenario for relaxing and spending time with friends and family. However, this perfect scenario can quickly become a nightmare if the owner has not considered the technical, tax and VAT regulations in relation to the ownership and use of their yacht.
Our experienced Private Client and Family Office teams are here to answer any questions you may have. With a wealth of knowledge and expertise, they will be able to advise you on right solutions to meet your needs. You can rest assured that core to the Fiduchi principles are how your interests should best be met.
Our experienced Corporate team are here to answer any questions you may have. With a wealth of knowledge and expertise, they will be able to advise you on right solutions to meet your needs. You can rest assured that core to the Fiduchi principles are how your interests should best be met.
Our experienced Funds team are here to answer any questions you may have. With a wealth of knowledge and expertise, they will be able to advise you on right solutions to meet your needs. You can rest assured that core to the Fiduchi principles are how your interests should best be met.
Our experienced team are here to answer any questions you may have. With a wealth of knowledge and expertise, they will be able to advise you on right solutions to meet your needs. You can rest assured that core to the Fiduchi principles are how your interests should best be met.
Our experienced employee services team are here to answer any questions you may have regarding all types of employee incentive requirements. With a wealth of knowledge and expertise, they will be able to assist in finding the best solution to achieve your business needs.