Corporate Support Services

Proper financial management is essential for the sustainable operation of a superyacht. Recognising the importance of this we provide comprehensive financial administration services to ensure smooth and efficient yacht operations. Our Team offers expert advice on suitable corporate yacht ownership structures, flag state registration, and associated VAT implications. We maintain accurate financial records and ensure the timely payment of invoices, providing regular financial reports to keep Owners informed about their yacht’s financial status. Each report is tailor-made to address the specific needs of the yacht and Owner, ensuring that all financial aspects are managed professionally and transparently.

Superyacht ownership often involves complex corporate structuring to optimise tax benefits, liability protection, and confidentiality. At Protam Yacht, we offer tailored solutions to suit individual Owner needs. Our services include the domiciliation of ownership companies based on the Owner's personal circumstances, preferred method of VAT resolution, and intentions for charter and eventual resale. We ensure that each corporate structure is tailored to meet the unique requirements of the Owner, providing a seamless and efficient approach to yacht ownership.

Ensuring that your yacht is properly registered and documented is crucial for legal and operational purposes. We assist with yacht registration, whether commercial or private, with a suitable flag state. Our services include a full evaluation of corporate and beneficial Owner domiciliation, along with the objectives regarding statutory compliance and associated costs. We handle all necessary documentation, including certificates of registry, tonnage certificates, and safety certificates. Additionally, we manage renewals and amendments of registration and documentation as required, ensuring your yacht always remains compliant and operational.

Navigating the complex legal and regulatory landscape of superyacht ownership can be daunting. Protam Yacht provides comprehensive support to ensure your yacht complies with all relevant laws and regulations.

Our services cover both flag state compliance and international regulations. We assist in meeting the requirements of the yacht's flag state, including safety, environmental, and operational standards. Additionally, we help manage crew contracts and employment conditions in accordance with maritime labour conventions.

We also offer cost-effective solutions for VAT and other taxes on the vessel through various national regimes. Our expertise includes facilitating the importation of yachts, whether temporary or permanent, via various EU and U.S. programs. Furthermore, we keep you informed and compliant with international maritime laws, such as SOLAS (Safety of Life at Sea) and MARPOL (Marine Pollution).