
Yacht VAT Management Solutions
In collaboration with legal and tax specialists, Praxis Yacht Services can provide the necessary arrangements to help you navigate your European VAT obligations.
We are an independent, leading provider of bespoke private wealth, corporate administration and yacht services to companies, individuals and families across the world.
We inspire our people to be their best, developing an environment that nurtures personal growth and empowers them to deliver market-leading client services.
Praxis Yacht Services provides bespoke yacht ownership structures to owners of vessels of all sizes, providing considerable advantages and peace of mind. We work alongside tax and legal advisers to ensure that each yacht is owned in the most appropriate way to meet the owner’s objectives and ensure long-term security.
Forming a company, partnership or other arrangement to own and operate a yacht provides asset protection for the owner and offers other benefits, including:
Our specialist yacht ownership team will work with you to select the most appropriate structure and jurisdiction for incorporation. We can manage the whole process from establishing the initial ownership arrangement to the on-going administration of the corporate yacht owning entity, ensuring everything complies with the relevant regulatory obligations.
We can also partner with your existing legal, tax and fiduciary teams, and provide specialist technical knowledge and guidance on the fast-moving regulatory environment. Increasingly, we act as a trusted partner supporting family offices with the specialist aspects involved in owning and operating a yacht.
Where we simply advise on the structure rather than forming it, we can provide ongoing consultancy services to the corporate service provider or family office to ensure a smooth passage for the company.
Yacht VAT Management Solutions
In collaboration with legal and tax specialists, Praxis Yacht Services can provide the necessary arrangements to help you navigate your European VAT obligations.
Contact our dedicated Yacht Services team and set sail with confidence
Our Yacht Services are available from the following offices: