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.

Setting up a yacht charter company. The minimum needed share capital is set at 10000 payable when setting-up the company and usually shows the actual price of the yacht. However a previous survey and market report is advisable. Most charter guests as opposed to sailing school clients expect en-suite facilities.

You then need to determine how you plan on reaching your goal. Some business professionals simply operate their own boats and offer cruises or. The people enjoyed themselves so much that they made him an offer for the boat.

Before you buy the boat force yourself to write a business and marketing plan. People wont take a chance on a boat theyve never heard of however good you know it to be. We plan to buy the yacht through a limited company and for each of us to hold 25 of the shares.

No matter how we see it fishing is one of the most popular outdoor recreational activities in the united states. Accept that it will take a long time to build up a client base. We will all use it and share the costs of maintaining and running it with the occasional charter.

Or ii set up a holding or parent company in a state that gives the single-member LLC the same protection as a. Today much more than 10 years ago We are confident we can deliver a lot more value as the business of yacht charter is not only based on the experience on boats but also on how. You must not charter the boat to an individual who is less than 16 years of age.

Setting up a charter company If you are an existing charter business or perhaps you are looking to set up a charter company contact YachtingLawyers. Deep sea boat charter. 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.