Yacht registration and corporate ownership

Corporate ownership of superyachts can offer a variety of benefits including the limitation of liability, enhanced confidentiality, the potential to mitigate tax liabilities and the simplification of the passing of assets to the next generation on death. Our corporate services include the incorporation of a company in a suitable jurisdiction – often the jurisdiction of choice will be Guernsey as this allows the vessel to be registered and sailed under the British flag – provision of directors, officers and nominee shareholders and of all administration necessary to keep the company’s affairs in good order.

Registration of a vessel under British flag remains extremely popular for a number of reasons. British registered yachts require comprehensive documentary records to be completed at the time of registration. Therefore subsequent purchasers obtain good title when the vessel is sold on. This also offers direct benefits if a purchaser is seeking financing from a lending institution since legal ownership is easily established.

Owners of British registered vessels can take advantage of the global network of British Consulates from whom they can seek assistance should they experience difficulties.

Our specialist team can also register your vessel in a number of other jurisdictions and will discuss each client’s specific requirements and situation on an individual basis.