Superyacht Administration

Crew employment & payroll services, financial reporting & yacht insurance.

Fiduchi has a wealth of experience in providing clients with assistance regarding all aspects of yacht ownership. Crew employment, payroll, insurance and financial reporting are just some of the services we provide.

The particular needs of each client are bespoke. Over time we look to develop a close relationship with clients in order to better understand what matters to them and tailor our services accordingly.

Superyacht Administration - How Fiduchi can help

Utilising our knowledge we can offer comprehensive administrative support for yacht ownership structures, ensuring compliance, efficiency, and confidentiality. Services typically include the formation and management of ownership entities, registered office provision, statutory filings, liaison with tax and regulatory authorities, and the maintenance of corporate records. By handling these responsibilities, the CSP helps yacht owners streamline operations, safeguard assets, and meet all legal and fiscal obligations.

Crew employment & payroll

With the complexities of employment legislation and the specific requirements of each flag state to consider, it is important that the correct framework is put in place to protect the interests of crew members and the beneficial owner of the superyacht. Being based in Jersey, we are not part of the EU/EEA so we are ideally placed to provide a full range of employer options. We have a dedicated structure through which crew employment and payroll can be comprehensively managed. Alternatively, this can be administered through an owner’s bespoke incorporated cell company structure which we are also able to provide. The social security regulations in the EU are complex and it is therefore beneficial to arrange payroll through an offshore company structure. For more details on these services contact us.

Financial reporting

Running a yacht, paying crew, settling invoices for expenses and, where applicable, the filing of VAT returns, requires specialist knowledge and we have the capability within the Fiduchi Group to provide all accounting and administration services, including the provision of bank accounts and debit/credit cards. Contact us for more details of our financial reporting and accounting services.

Yacht insurance cover

All yachts should carry comprehensive insurance and cover will vary dependent on the yacht’s specific requirements. Cover will generally include war risks and piracy, kidnap and ransom as well as insurance for professional yacht captains and crew. Yacht insurance typically covers the yacht’s hull, machinery, equipment and fixtures and fittings on board and can be arranged to include furniture and antiques on board, tenders, water toys, provisions, and personal contents. All yacht insurance packages should offer P&I (protection and indemnity) as standard to insure the owner’s legal liability against third parties, guests and crew.

Fiduchi consults with a range of trusted insurance companies and independent brokers to ensure the vessel has the best possible insurance package.

Our Marine Services

A large white luxury yacht docked at a marina during sunset.
Yachts docked at a harbor during sunset with mountains in the background and a partly cloudy sky.
A brown luxury boat named Pelican cruising in a marina with multiple yachts and high-rise buildings in the background.
Series of luxury yachts docked at a marina with a city and mountain in the background, clear blue sky overhead.

Key Contacts