Baker Tilly Isle of Man

Baker Tilly Isle of Man

About Us:

The audit and accountancy practice was formed in 1979 and has developed into a broad professional services group. The yachting interests date from 1981 with the first bespoke VAT structure for a large yacht.

What we do:

At heart the company is still a public audit and accountancy practice with specialisations in yachting, aircraft, trust and pensions.

Our Core Services:

  • Accountants
  • Corporate/Trust Service Providers
  • Private Jets & Helicopters
  • Tax/VAT Advisors
  • Yacht Management

Contact Details:

Contact:
Andrew S Roy FCA, Principal
Baker Tilly Isle of Man
2a Lord Street,
Douglas, Isle of Man,
IM99 1HP, British Isles
Telephone: +44 1624 693900
Website: www.bakertillyiom.com

Other office locations: Gibraltar

Boston Multi Family Office

Boston Multi Family Office

About Us:

Boston’s story began as a single family office and to this day the business looks after three generations of the founding family. Others recognised the value of our independence, expertise, and culture and we have since grown into a commercial multi-family office supporting many entrepreneurial clients across the world.

From our offices in the Isle of Man, Malta and Dubai, we offer a unique suite of services to suit the needs of our innovative and dynamic client base. We offer a broad range of fiduciary and recruitment services to assist our clients with everything they need to support international wealth generation.

What we do:

Our dedicated yachting and marine team offer international, efficient, confidential and compliant services to our yachting clients including:

Formation and comprehensive administration of yacht ownership structures

  • Multi-jurisdictional yacht registration services
  • Management of ownership structure and financial reporting
  • Establishment of tailored VAT efficient structures, and VAT administration services.
  • Provision of internal industry updates and information.

Whether you own or are purchasing or maintaining a yacht, careful planning and management can yield reduced and in some cases total recovery of VAT paid. The use of the yacht is vital when considering your options; those available to private yacht owners are different to those available to a commercially operated yacht. The physical location of a yacht also determines which VAT rate is applied upon purchase or importation.

EU VAT regulations do change from time to time. Our experienced team are here at every step.

Our Core Services:

  • Accountants
  • Corporate/Trust Service Providers
  • Private Jets & Helicopters
  • Recruitment
  • Tax/VAT Advisors

Contact Details:

Contact:
Katherine Ellis, Group Director – Business Development
Boston Multi Family Office
2nd Floor, St Mary’s Court, 20 Hill Street,
Douglas, Isle of Man,
IM1 1EU, British Isles
Telephone: +44 1624 692930
Website: www.bostonmfo.com

Other office locations: Dubai, Malta

Dominion Marine Corporate Services Limited

Dominion Marine Corporate Services Limited

About Us:

Dominion Marine Corporate Services Ltd was founded in the Isle of Man in 1984 and also has offices in Cyprus, Jersey, Malta, Monaco and the BVI. Dominion Marine has been director owned and managed for over 30 years.

What we do:

Dominion Marine have been working in the superyacht industry since 1984. Founded by Chris Allix, the company has grown organically year on year and we now have a large team of specialists and dedicated marine administrators.  Our services have expanded from superyacht management services in the IOM to include MLC approved crew employment and payroll services from Jersey, corporate ownership solutions in both Cyprus and Malta and more recently a VAT deferment solution for private superyachts is provided from our Monaco division.

Our Core Services:

  • Classification, Registration & ISM
  • Corporate/Trust Service Providers
  • Crew
  • Leasing
  • Tax/VAT Advisors
  • Yacht Management

Contact Details:

Contact:
Simon Roberts, Head of Yachting Services
Dominion Marine Corporate Services Ltd
Douglas Chambers, North Quay
Douglas, Isle of Man,
IM1 4LA, British Isles
Telephone: +44 1624 682400
Website: www.dominionmarine.com

Other office locations: British Virgin Islands, Cyprus, Jersey, Malta, Monaco

Equiom (Isle of Man) Limited

Equiom (Isle of Man) Limited

About Us:

Equiom is a global fiduciary services provider with offices in some of the world’s premier international financial centres, including the Isle of Man, Guernsey, Hong Kong, Jersey and Malta.

We create innovative and effective structures to protect private and corporate clients’ wealth. Our experienced and highly qualified teams offer services in specialist sectors including yachting and crewing. We are an award-winning, independent company focused on building long-standing relationships with our clients.

What we do:

Equiom delivers innovative solutions to yacht owners worldwide. Our clients benefit from our extensive customs expertise and we regularly assist with temporary or permanent EU superyacht importations.

As an Authorised Economic Operator we are recognised for our customs efficiency and compliance and are able to streamline the importation process. Our experienced team also comprises renowned VAT experts, well-practised in providing VAT efficient corporate and trust ownership structures and registration services in appropriate jurisdictions.

Our crewing professionals provide bespoke crew management solutions including payroll and administration, crew certification and administration, reporting and controls.

Our Core Services:

  • Corporate/Trust Service Providers
  • Crew
  • Tax/VAT Advisors
  • Yacht Management

Contact Details:

Contact:
Edward Leigh, Director – Yachting & Aviation
Equiom (Isle of Man) Limited
Jubilee Buildings, Victoria Street
Douglas, Isle of Man,
IM1 2SH, British Isles
Telephone: +44 1624 699000
Website: www.equiomgroup.com

Other office locations: Guernsey, Hong Kong, Jersey, Malta

KPMG LLC

KPMG LLC

About Us:

KPMG operates as a global network of independent member firms offering audit, tax and advisory services, working closely with clients helping them to mitigate risks and grasp opportunities. KPMG member firms can be found in 155 countries. Collectively they employ more than 174,000 people across a range of disciplines.

KPMG LLC is the Isle of Man member firm that first opened its office in 1978 and has steadily grown to now employ over 100 people across audit, tax and advisory.

What we do:

The VAT regulations in the EU are complex particularly in respect of the use and charter of superyachts. This is due mainly to the nature of the business in that it can span a number of different EU jurisdictions.

KPMG Isle of Man has been advising on the VAT implications of importation and use of superyachts for over 15 years. We have access to a network of advisors located in different EU countries that specialise in VAT and these resources can be pooled to ensure you receive comprehensive and totally independent advice.

Whether considering using the yacht in the EU under temporary importation, using a leasing scheme or chartering the yacht, KPMG can advise on the options, the conditions that need to be complied with and the risks.

KPMG are also ideally placed to assist if you are financing the purchase of a yacht and want a second opinion or independent confirmation of the VAT treatment. Additionally we have employment tax specialists who can advise on tax issues for crew.

Our Core Services:

  • Tax/VAT Advisors

Contact Details:

Contact:
Sandra Skuszka, Associate Director
KPMG LLC
Heritage Court, 41 Athol Street
Douglas, Isle of Man,
IM99 1HN, British Isles
Telephone: +44 1624 681006
Website: www.kpmg.co.im

Other office locations: KPMG member firsm have offices in over 155 countries.