Commodore Marine Consultants serves:
- Private individuals who are interested in buying a yacht or having one built, regardless of whether it is a sailing yacht, motor yacht or super yacht
- Boat builders and shipyards
- Yacht brokers
- Charter operators
- Crew placement agencies
Our professional expertise in the field of yacht registration and offshore company formation enables us to provide a comprehensive and personal service to yacht owners worldwide.
The Port of Registry of a yacht determines a vessel’s nationality. Think of it like a passport for a boat. However, the increasingly complex regulations around the world, and especially the European Union, require yacht owners to carefully consider the most suitable Port of Registry.
Each Port of Registry has its own advantages and disadvantages. We can assist yacht owners and potential yacht owners to make the right decision, taking all considerations into account.
The requirements to complete the registration of the vessel will vary depending on the type of registration that is applied for (e.g. pleasure, commercial, bareboat charter) and the size of the yacht. Typically yachts over 24 metres in length will be required to present extra documentation and surveys to the respective Shipping Registry.
Company formation and ownership structuring
The decision about which Port of Registry to choose often invokes questions relating to financial structuring and tax planning, in order to achieve the most cost effective and suitable setup for owning and managing one’s yacht.
We are able to advise existing and potential yacht owners on the most appropriate structure for holding the ownership, management and operation of their yacht.
Often this involves setting up a corporate structure offshore in the country of registration. We consider all of the implications relating to VAT, tax, finance, convenience, etc. and have the experience to assist clients to overcome most of these challenges with relative ease.
Contracts and transactional services
We can help owners and yacht builders to navigate through the complex series of transactions involved in buying, selling or constructing a yacht, whether it is a new build or a pre-owned vessel.
From selecting the design team, naval architects, marine engineers, and interior decorators, to selecting and negotiating with the right yard, our team at Commodore Marine Consultants bring years of experience and industry contacts to the table.
Drafting the relevant contracts, incorporating the plans, specifications, work schedules and payment plan for a new yacht is a highly specific and complex task. It requires a person who not only has the appropriate legal background and training, but also the sailing experience and understanding to best serve the needs of yachting clients.
When buying a used yacht, issues relating to sea trials, condition surveys, guarantees and liens, to name but a few, arise. We can help you to safely navigate through the process and to avoid the pitfalls.
We are able to offer mediation services for resolving any disputes that may arise between any of the several parties typically involved in the construction of a new yacht.
Our founder Denis Landsberg has many years of international commercial and maritime law experience and is well connected in the international legal arena.
Using a yacht for commercial purposes involves several contractual arrangements, some of which include crew employment, charter contracts and brokerage mandates. We are able to advise yacht owners how to navigate through the legal requirements and contracts required for turning their yachts into revenue generating tools.
Import and export assistance
We provide assistance with the importation or exportation of your yacht and will assist you with the relevant formalities. Where the services of professional Clearing Agents are required, we will recommend trusted people to assist you.