Fiscal and legal support
The Floating Life Fiscal & Legal Team stands as a dedicated partner in navigating the intricate landscape of rules and regulations, fiscal administration, and ownership structures for Yachts. Our expertise allows us to recommend optimal solutions that seamlessly align with your Yacht’s fiscal and legal requirements.
Fiscal administration
Our seasoned experts and custom-tailored services bring hands-on experience and in-depth knowledge of tax, legal, and customs issues within the yachting realm. We offer comprehensive assistance on VAT and taxation matters, facilitating the seamless payment of monthly/quarterly VAT returns.
Flag recommendation and transition assistance
We go beyond mere fiscal and legal support by recommending the most suitable Flag based on diverse criteria. Our assistance extends to guiding Owners through the process of converting a Yacht from Private to Commercial and vice versa, ensuring a smooth transition that aligns with their objectives.
Ownership structure
Working closely with Owners and Captains, our team provides invaluable advice and support in selecting and creating the most advantageous Ownership Structure. Whether it involves the initial registration, re-registration, or name changes for the Yacht, we meticulously ensure compliance with flag state and classification rules at all times.
Legal support
Trust our team of legal experts to handle all legal matters related to your yacht with competence and professionalism.