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:
Oscar Brown, 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

Mann Made Group

Mann Made Group

About Us:

The Mann Made Group is an award winning corporate and trust service provider, headquartered on the Isle of Man. We have been successfully accommodating our clientele for more than 10 years in the corporate and tax sectors particularly in the formation and management of companies and partnerships in all majorly recognized jurisdictions as well as the set-up of trusts and provision of trustees. Depending on the preference, we are able to provide bookkeeping and accounts, bank account opening and signatories, while assuring access to every major financial jurisdiction in the world.

Furthermore, Mann Made Group is able to accommodate a high level of taxation planning, VAT and other advisory services, if required.

What we do:

Mann Made Marine is all about customer service. Yacht owners and their advisors demand and deserve immediate attention by knowledgeable, experienced people who understand what it means to purchase, manage and enjoy a yacht. We offer our clients a single point of contact with at least one dedicated relationship manager we always do what we can to achieve a client’s objectives with a “can do” attitude. We pride ourselves on the level of our technical knowledge, which is supported by excellent in-house advisors in tax, VAT management and compliance.

Mann Made Marine offers a variety of services to accommodate every client’s requirements including Yacht registration, management and administration, Maltese leasing setup, yacht importation, as well as crew related matters and insurance.

We stand proud to be at liberty to provide a spectrum of services at a first-class level.

Our Core Services:

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

Contact Details:

Contact:
Christine Otieno, Senior Manager
Mann Made Corporate Services Limited
Second Floor, Atlantic House
4-8 Circular Road
Douglas, Isle of Man,
IM1 1AG, British Isles
Telephone: +44 1624 682131
Website: www.mannmadegroup.com

Other office locations: Cyprus, Ireland, Hong Kong, Malta, UK

PwC Isle of Man

PwC Isle of Man

About Us:

PwC Isle of Man is a leading and trusted professional services firm committed to providing a quality industry-focused service offering of audit, tax, advisory and actuarial services.

Our broad client base ensures we have strong industry insight and experience across all the sectors of the local Isle of Man economy including the shipping and yachting industry.

We are part of a global network of firms in 157 countries with more than 208,000 people delivering quality services. By combining our local expertise with the power of our global network we can deliver smart solutions that address your business challenges.

What we do:

We build relationships with our clients to provide solutions which add value to their business needs.

We work closely with yacht managers, lawyers and other service providers to provide independent and flexible solutions to Isle of Man ownership structures. Our approach is to understand the ownership operating model and its cost and revenue streams to provide practical and commercial VAT and tax advice to achieve efficiency and savings wherever possible. This begins with the introduction, through to the formulation of the business plan to setting up the necessary tax registrations and structures and overseeing final implementation.

We work with the relevant tax authorities in the Isle of Man to provide robust and sustainable tax structuring advice for the longer term.

Access to the PwC global network provides multi-jurisdiction advice and structures to offer an international perspective to our clients.  There is a PwC firm in all of the key cruising grounds, so we are able to call on an unsurpassed wealth of knowledge and expertise.

Our Core Services:

  • Accountants
  • Tax/VAT Advisors

Contact Details:

Contact:
Phil Morris, Tax Director
PricewaterhouseCoopers (Isle of Man)
Sixty Circular Road
Douglas, Isle of Man,
IM1 1SA, British Isles
Telephone: +44 1624 689689
Website: www.pwc.com/im

 

SMP Partners Limited

SMP Partners Limited

About Us:

The SMP Partners Group is a leading corporate and trust service provider offering private, corporate and institutional clients a comprehensive portfolio of professional services. With deep expertise and an unrivalled reputation for client service, we are trusted by local and international clients to meet their most demanding financial challenges.

With a global client base, wealth structuring solutions spanning over fifty different jurisdictions and over one hundred and eighty motivated people prepared to respond, we are able to act thoughtfully, responsibly and promptly in delivering total assurance, anywhere in the world. With broad language capability and banking, legal and insurance partners in all major jurisdictions, our service and capability is truly international.

What we do:

The management of yacht and aircraft ownership structures through our specialist team has been at the core of our business evolution for almost three decades.

Our dedicated Yacht and Aircraft team create and manage ownership structures that provide tax efficient acquisition and operation of the asset, whilst ensuring compliance with ever-changing international fiscal and regulatory requirements.

We can provide support with registration and all aspects of the on-going management of the asset through selected, high grade international partners.

In addition our VAT expertise in this area is renowned and is regularly sought after by professional partners, lawyers and yacht brokers. Before embarking on the acquisition of such an asset, let us share our expertise with you and your advisers; you are sure to value our pragmatic, insightful advice.

Our Core Services:

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

Contact Details:

Contact:
Eunan Timmins, Manager – Client Services
SMP Partners Limited
Clinch’s House, Lord Street
Douglas, Isle of Man,
IM99 1RZ, British Isles
Telephone: +44 1624 682206
Website: www.smppartners.com

Other office locations: Hong Kong, Zurich