Yachting & Aviation

ZEDRA has the expertise and the experience to support all our clients marine and aviation needs. Our specialist team will manage in a seamless and efficient manner all the necessary requirements associated with yacht and aircraft ownership whilst ensuring this meets with full legal and regulatory compliance.

ZEDRA can provide bespoke corporate ownership solutions that are tax and VAT efficient.

If you are a private owner, a family office, corporate owner or advisor ZEDRA can help you cut through the complexities for this type of asset class.

ZEDRA has a Seafarers’ employment solution setup to provide employment and administration services for the benefit of owners and shore based managers of ships/yachts. Our solution is fully compliant with the Maritime Labour Convention 2006 (MLC2006) and we work extensively with third party advisors, are audited annually by Lloyds Register in the UK and are licensed by the States of Guernsey for Seafarer Recruitment and Placement Services.

We use the latest software and continually embrace latest developments in technology to ensure that we are offering truly the latest software solutions available in order to enhance the service provided to not only the Seafarer’s but to the Owners and Managers.

Accreditations:

ZEDRA Isle of Man has Authorised Economic Operator (AEO) status.

Our services include:

• Set up and ongoing management of bespoke corporate ownership solutions; providing the right type of entity to own your asset and a qualified team to manage the entity, from start to finish
• Yacht and aircraft registration and ongoing registration support
• VAT registration and ongoing VAT compliance (if required)
• Guidance on customs compliance and formalities for your yacht or aircraft when arriving and departing the EU and other non EU countries
• Maintaining accurate books and records for your entity, preparation of annual financial statements and arranging independent audit (if required), transparent management accounting and VAT reporting
• Assistance with budget and operational costs
• Help with financing your asset and mortgage registration

Our Seafarers’ Employment services include:

• Establishment of an incorporated cell to employ crew onboard ships/yachts
• Maintaining accurate books and records for each Incorporated Cell as well as the preparation of annual financial statements
• Provision of professional directors that have knowledge and experience in payroll
• MLC compliant employment contracts
• Salary payments made from our offshore online banking platform
• Provision of payslips and salary information to Seafarers via an easily accessible portal
• Bespoke software and database specifically designed for seafarer employment services
• Electronic signatures for Seafarer Employment Agreements
• Annual leave tracker
• Medical certificates and COC data store and reminder system
• Easily accessible document store for seafarers
• Social security compliance
• Tax efficient