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ARTICLE · 09 APRIL 2021

Luxury Yachts – Top Tips For Tax Efficient Registration

Dixcart Group Limited
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Choosing the right jurisdiction for the registration and domiciliation of a yacht is key. Especially for your luxury yacht.

GlobalTransport
Jonathan Vassallo
Jonathan Vassallo

Where to Moor Up for More Benefits

Choosing the right jurisdiction for the registration and domiciliation of a yacht is key. Especially for your luxury yacht.

Malta's reputation as an international centre of Maritime excellence, makes it a popular choice for yacht registration. This applies for both commercial registrations whereby a yacht undertakes commercial chartering, and also in terms of pleasure registrations where leasing is popular.

Cyprus is another attractive jurisdiction in the EU for yacht registration and leasing.

Alternatively, Guernsey, close to the UK, is of interest to owners of certain types of pleasure yacht, and the Isle of Man is attractive due to a number of tax efficiencies.

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