LawTrust Swiss > Private > Marine and aviation > Marine and aviation

Marine and aviation

When purchasing a high value asset such as a yacht, ship or an aircraft it is essential to consider whether there may be wider financial or other liability implications. The answer varies greatly, depending on the intended use of the vessel or airplane.

Yachtin and aviation

Establishment and administration of structures for luxury assets.

Providing tax efficient ownership structures and administration services to ensure effective acquisition, ownership, management and sale of the vessel or aircraft. LawTrust Swiss can set up an effective ownership structure for acquisition, operation and sale of an luxury asset, which also offers privacy and helps to solve tax questions.

The marine and aviation world is a somewhat complex world with its own diverse requirements associated with yacht or ship ownership. We help you to navigate the complexities of this world whilst providing a tax efficient ownership structure to facilitate effective ownership and operation.

Whether you need a straightforward holding company or a special purpose vehicle, we have significant experience in a wide range of international ownership structures and administration services for yacht and aircraft owners. The Isle of Man Aircraft Registry was launched in 2007 as the only dedicated corporate aircraft register in Europe, to provide a customer focused service for the registration of high quality (non commercial) private jets, corporate jets and high quality turbine-engine helicopters.

Marine services include

  • Yacht registration;
  • Establishment and administration of tax efficient corporate and private structures suitable for yacht or ship ownership;
  • Sales and purchase administration;
  • VAT registration and administration;
  • Chartering administration;
  • Applying for necessary licenses and certificates;
  • Insurance administration;
  • Bookkeeping and accounting services.

Aviation services include

  • Aircraft registrations on the Isle of Man Register and other international registers;
  • Establishment and administration of tax efficient corporate and private structures suitable for aircraft ownership;
  • Sales and purchase administration;
  • VAT registration and administration;
  • EU VAT importation;
  • Statutory and administration services to your structure;
  • Bookkeeping and accounting services;
  • Insurance Administration;
  • Applying for necessary licenses and certificates.
    Chartering administration