In fact nowadays the trend seems to be for the yacht to be owned by a corporation for various reasons.
Business yacht ownership. Yacht Business Ownership When you are not using your catamaran the yacht will generate income which offsets her operating expenses. More and more people are buying monohulls and catamarans and placing them into charter programs all over the globe. Captains cost roughly 1000 per year per foot of boat which adds up to 110000 for a 100-foot yacht.
With our innovative Business Yacht Ownership. A sensible alternative is yacht co-ownership. We urge potential buyers to seek the advice of qualified tax advisors in setting up and operating a yacht as a business.
Instead of saving for another decade you could purchase your yacht today form a small business where you take active participation and take positive tax advantages. This business yacht ownership program is designed for flexibility to enable the owner to choose various yacht models and layouts including owner suite in some cases upgraded equipment multiple worldwide locations and flexible owner use. Youve just come off a fabulous yacht charter in the British Virgins Islands.
Dream Yacht Charter is the only charter management company that offers six individually designed charter management programs. Imagine you could own your cruising catamaran earlier than anticipated. There are different types of Management programs offered by the industry.
Most yacht owners only use their yacht 4-6 weeks per year. Even if you set up a business to own the boat or airplane the same tax restrictions apply. One of the main and most common reasons for using a corporate entity as owner of a yacht is privacy.
With this program you can own a. You may want a yacht but that doesnt mean you want to drive it yourself. These programs include pre-approved financing guaranteed monthly payments or performance based income.