Superyacht VAT & Tax
VAT, customs and tax considerations often have a material impact on how a yacht is owned and operated.
Fiduchi provides administrative support and coordination in this area, working alongside specialist advisers to:
Implement advised structures
Maintain supporting documentation
Assist with filing and reporting processes where required
Further insight: see our publications on VAT, customs and charter considerations and flag state selection in yacht ownership.
What Fiduchi does in this area
We do not provide legal or tax advice. We work with clients’ tax and legal advisers to support the administration of ownership structures and the related VAT and tax processes that arise. Specifically:
We coordinate with specialist VAT and tax advisers throughout the ownership lifecycle
We assist with the implementation of advised structures and filing processes
We maintain the documentation and records that underpin the positions that have been taken
We flag promptly when changes in the vessel’s use, ownership or cruising pattern may require the tax position to be revisited
To discuss VAT and charter considerations in the context of your ownership structure, please get in touch.
Key Contacts
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Kelly Bentley
Head of Marine Services