Charter Business Arrangement
Planning to launch a yacht charter business? This is a multi-layered process that requires proper legal, tax and operational structuring. From selecting the flag to opening a bank account, each decision affects the efficiency and profitability of the future business.
The Interlegal team assists clients at every key stage of setting up a charter operation,, ensuring legal compliance, stability and efficient business structuring.
Our Charter Business Organization services include:
Choosing a jurisdiction for company and yacht registration. The first step is selecting the appropriate jurisdiction. We analyze the tax environment, flag requirements, banking accessibility and restrictions applicable to charter activities, and suggest suitable options depending on your business objectives. We regularly work with jurisdictions such as Malta, Cyprus, Montenegro and other.
Yacht registration under a commercial flag. For charter operations, the yacht must be registered as a commercial vessel. While this may provide certain tax advantages, it also requires compliance with safety standards, inspections and regular surveys. We coordinate the entire registration process, prepare the required documentation and ensure compliance with applicable regulations.
Tax аdvisory. An efficient tax structure is one of the key elements of a successful charter business. We advise on selecting the most appropriate jurisdiction and assist with VAT structuring, income taxation and other tax matters related to charter activities.
Yacht certification and inspections. Each jurisdiction imposes specific requirements for commercial yachts . We assist clients in obtaining the necessary certificates and completing inspections in accordance with international standards, such as SOLAS, MLC and STCW.
Legal structuring and corporate administration. We assist with the legal structuring and administration of the charter business, including: structuring the business in compliance with the applicable legislation; advising on, cooperation with offshore structures, where applicable, preparation of corporate documentation and operational agreements (contracts with crew, brokers, agents, etc.). Our goal is to protect the client from potential legal and tax risks.
Opening a bank account for the charter company. Selecting the right bank and opening an account can be one of the most challenging stages of establishing a charter business. Based on our experience in the shipping industry, we assist in selecting a suitable banking institution and support the client throughout the account opening process.
Why Interlegal?
Interlegal has extensive experience supporting yacht charter companies and structuring charter operations in different jurisdictions.
Our team provides practical legal solutions that help clients establish and operate their charter businesses efficiently and in full compliance with applicable regulations.
For many yacht owners, charter activity is both a business and an investment. Our goal is to help you structure it properly from the very beginning, minimising risks and maximising operational efficiency.
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Specialists
Arthur Nitsevych
Specialization: Transport and logistics, transactions and investments, ports and terminals
Mykola Melnykov
Maritime Law, Arbitration, Yachting, Corporate, Transactions, and Investments
Artem Skorobogatov
Transport & Logistics, Ports & Terminals, International Trade
Karyna Gorovaya
International trade, litigation & arbitration, investment & transactions
Valeriia Fetysenko
Yachting, Sales and Purchase agreements
Dmytro Ochkolias
Ports & Terminals, Antitrust and Railway Law
Irina Maltseva
International trade, litigation & arbitration, investment & transactions
Larysa Roshu
International trade, litigation & arbitration, English Law
Diana Mykhailova
Shipping, Litigation & Arbitration, Ports and Terminals, English Law
Anastasiia Kovalska
Yachting, Sales and Purchase agreements
Oleksandra Savielieva
Corporate, Investment & Transactions
Anastasiia Kuznetsova
Corporate, Investment & Transactions
Alina Uzun
International trade, litigation & arbitration, English Law
Sofiia Babych
International trade, litigation & arbitration, English Law
