Yacht Services
Introduction
Malta has maintained a high reputation within the maritime field, primarily due to its strategic location, natural harbours, extensive maritime services and finance law.
At Zeta, we specialize in collaborating with yacht owners, trust and family offices, legal professionals, and yacht brokers, delivering a comprehensive array of services, including yacht ownership services, yacht management services and yacht crew management services.
Yacht Ownership Services
Forming a company, trust or other vehicle to own and operate a yacht provides a number of benefits for the owner, such as asset protection, qualification for a flag not available to the individual owner, delegation of the day-to-day running of the vessel, beneficial owner discretion and VAT registration in a suitable jurisdiction for commercial yachts.
Structuring
Our experienced team is well-equipped to guide you through the process of selecting the most suitable corporate vehicle for yacht ownership. We understand the importance of establishing a solid foundation and are committed to assisting you in crafting the initial ownership arrangement.
Administration
We understand that the complexities of yacht ownership extend beyond the initial setup, and we are here to seamlessly manage the day-to-day responsibilities and administrative tasks associated with your maritime venture.
Our dedicated is committed to providing continuous support in the ongoing administration of the company, trust or other corporate vehicle chosen. From regulatory compliance to financial management, our team ensures that your yacht ownership experience remains smooth and worry free. Entrust us with the ongoing care and governance of your corporate entity, allowing you to focus on enjoying the open seas with confidence that the administrative aspects are expertly handled.
Regulatory Compliance
Rapid changes in the regulatory landscape demand a specialized approach, and our dedicated team is poised to offer comprehensive expertise and guidance to guarantee your compliance with the intricate and swiftly evolving regulatory environment. Navigating the complexities of regulations can be challenging, particularly in the fast-paced world we operate in. Our specialists are committed to staying ahead of the curve, ensuring that your company, trust, or chosen corporate vehicle remains fully compliant with all relevant regulations governing yacht ownership.
With a focus on staying abreast of the latest developments, we provide proactive insights and strategic advice to safeguard your operations. Trust our team to be your vigilant partner, safeguarding your interests and ensuring that your yacht ownership remains in full adherence to the dynamic regulatory landscape.
Company Directors
Our team provides solutions to fit each of our client’s need, whether this be individual of corporate Directors. Zeta’s directors are experts in varied professional background as both executive Directors and non-executive Directors across a wide range of industry sectors.
Company Secretary Services
Our team works effectively with our clients, to provide the correct solutions required. We maintain a high reputation for excellence and provide valuable experience in a wide range of industry sectors. Therefore, you can have peace of mind that Zeta provides specialist support and advice on all company secretarial matters.
Yacht Management Services
Flag Registration Services
Our team has the necessary expertise to advice clients on the most suitable choice of flag for the yacht. We will also take care of the registration process, organising surveyors, radio licences, carving and marking notes, as well as any other requirements. Furthermore, our team can provide ongoing management services such as assisting in the renewal of registration or in changes to registration.
Charter Management
Our dedicated team is well-equipped to provide comprehensive assistance in the efficient management of charter fees, Advance Provisioning Allowance (APA), and any applicable Value Added Tax (VAT) requirements. We understand the intricacies involved in the luxury charter industry, and our expertise extends to facilitating the seamless appointment of fiscal agents.
When it comes to charter fees, we meticulously handle the entire process, ensuring accuracy, transparency, and timely management. Our commitment to excellence extends to overseeing the Advance Provisioning Allowance, where we take care of the budgeting, tracking, and reporting aspects to meet the unique needs of each client.
Navigating the complexities of VAT requirements is a crucial aspect of our service. We stay abreast of the latest regulations and work diligently to ensure compliance, minimizing any potential challenges for our clients. Additionally, we offer invaluable support in the selection and appointment of fiscal agents, streamlining the process for a hassle-free experience.
Oversight and Reporting
Transform your financial landscape with the support of our dedicated finance team, providing a comprehensive suite of services tailored to meet your organization’s unique needs. Our adept professionals excel in meticulous bookkeeping, maintaining accurate and up-to-date records essential for sound financial decision-making. Beyond routine tasks, we specialize in crafting strategic budgets, collaborating to set financial targets, allocate resources efficiently, and monitor variances for optimal financial performance.
In the realm of financial reporting, we go beyond numbers, translating complex data into meaningful insights that empower informed decision-making. Our reports adhere to industry standards, offering a comprehensive view of your organization’s financial health. Moreover, our expertise extends to the precise preparation of financial statements, ensuring compliance with regulatory standards while providing powerful tools for stakeholders to assess performance.
Vessel Administration
Count on our experienced team to ensure the ongoing validity of both vessel and crew certifications and documentation. We handle the intricacies of verifying and renewing certifications, ensuring compliance with industry standards and regulatory requirements. Our dedicated support enables you to confidently navigate the regulatory landscape, guaranteeing that your vessel and crew operate with the latest and most accurate documentation. This commitment promotes safety, compliance, and operational excellence throughout your maritime endeavours.
Compliance
Our team can facilitate compliance with regulatory requirements for your yacht, covering aspects such as vessel maintenance, manning, health and safety, security, and the marine environment. We work diligently to ensure that your yacht operates within the parameters of industry regulations, guaranteeing a seamless adherence to standards. Our comprehensive assistance encompasses all facets of regulatory compliance, allowing you to navigate the complexities of vessel management confidently while prioritizing safety, security, and environmental responsibility.
Crew Management Services
Crew Recruitment
We streamline the journey from interviewing to screening, ensuring a thorough assessment of prospective candidates. Our dedicated approach includes collecting all necessary documents, easing the administrative burden and facilitating a comprehensive evaluation of potential crew members. With our assistance, the recruitment process becomes efficient, thorough, and tailored to meet the specific needs and standards of yacht ownership, allowing you to assemble a skilled and qualified crew with confidence.
Employment, Payroll and Leave Tracking
We offer comprehensive employment services, from drafting and reviewing employment contracts to providing payroll solutions. Our approach includes tracking crew leave and absences, ensuring strict compliance with employment regulations. With our support, you can navigate the complexities of employment seamlessly, confident in the accuracy of contracts and the adherence to regulatory standards, allowing you to focus on the smooth operation of your maritime ventures.
Training and Development
Empower your crew with our expertise in establishing robust training programs aligned with current regulations. Our team ensures that all crew members maintain optimal qualifications and skills through tailored training initiatives. We focus on creating comprehensive programs that address evolving industry standards, guaranteeing that your crew remains proficient and compliant. With our assistance, you can cultivate a skilled and well-prepared team, ready to navigate the dynamic challenges of the maritime landscape while meeting regulatory requirements with confidence.
For further information on Yachting Services, contact us today to discuss your options.