Your Requirements
"I am purchasing a yacht, what ownership structures should I consider"
There is an unfortunate saying in the yacht world that the two happiest days of your life are the day you buy your yacht and the day you sell it! Whilst we endorse the former sentiment wholeheartedly, here at Abacus we do everything possible to avoid the latter sentiment coming true by making your yacht purchase and ownership as stress free as possible.
Although it’s difficult to say that there is a single ownership structure which suits everyone’s needs, in our experience the use of a limited company, either held directly by you or by another vehicle (such as a trust, company or partnership), provides the best structure.
Using a company provides you with limited liability should the unexpected happen, however it also provides a useful vehicle which allows you to enjoy the ownership of your yacht without having to worry about the day to day management. In addition to establishing your company, Abacus provides experienced directors who ensure that the company is managed efficiently and effectively.
For further information see the yacht section of our website or contact lisa.osland@abacusiom.com


