Set up your charters as a business usually an LLC and make sure you have adequate insurance to cover liability and damage to the vessel.

Setting up a yacht charter company. You then need to determine how you plan on reaching your goal. The company registration procedure of a yacht charter business in Singapore starts with choosing and incorporating a structure with the Accounting and Corporate Regulatory Authority. Accept that it will take a long time to build up a client base.

There are 3 types of vessels to consider. People wont take a chance on a boat theyve never heard of however good you know it to be. Establish a Yacht Business Purpose Set up a business partnership with a charter management company that understands the guidelines and will book the yacht for charter.

After many years we have finally given up to the dozens of requests we have received to build a comprehensive guide on How To set-up a successful yacht charter company and build your own charter business. Before you buy the boat force yourself to write a business and marketing plan. Aim to provide good quality food in generous quantities.

Robert says when he arrived in St. Estimate all costs including fuel captain and crew maintenance insurance and other fees depending on the type and use of the vessel. Whatever your reason Catamaran Gurus team of experts can set up your yacht charter business in compliance with tax authorities to suit your individual financial and personal goals.

Most charter guests as opposed to sailing school clients expect en-suite facilities. Or ii set up a holding or parent company in a state that gives the single-member LLC the same protection as a. Easy Living on a Catamaran Sailboat.

Maarten he stumbled into the day charter business by agreeing to take a few people out for the day on his 41ft sailing catamaran Celine. Get a well-known make of boat. The people enjoyed themselves so much that they made him an offer for the boat.