Equiom to Talk VAT at Monaco Yacht Show

International yachting services provider Equiom, says it will once again be exhibiting at Monaco Yacht Show to showcase their in-house VAT [Value Added Tax] expertise and market-leading services from September 24th to 27th, 2014.

“Yacht owners and operators are faced with the ongoing challenge that VAT [Value Added Tax] and regulatory issues vary greatly from one country to another, and not fully understanding the issues and associated risks can be costly in many ways. 

"Our in-house VAT team is one of the largest within the business and includes ex-customs officers and private practitioners.  All are highly experienced in VAT and Customs formalities including importation of yachts into the EU as well as multi-jurisdictional VAT and yacht registration services.  Maltese leasing structures have also proved to be an attractive proposition for those wishing to use their yacht privately”; states Equiom’s VAT Director, Steve Cain.

VAT Manager, Andrew Wilson continued; “There is also a variety of opinions regarding the flag and the linked perception of VAT status by customs authorities throughout the EU that should be considered.  Choosing an EU Flag over a Non EU flag is no longer a simple decision, and we hope to discuss this and the many other challenges facing the industry in Monaco.”
 
Joining Steve and Andrew in Monaco will be six colleagues from across the Equiom Group’s offices in the Isle of Man, Malta and Jersey.  The team can be found at the Equiom stand no: QS93 located in the Darse Sud Tent.  On the Saturday, joining the team will be Helen Woods (Head of Tax Services) who will be available to discuss private client tax issues relating to offshore structures.

www.equiom.im