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 Isle of Man has Authorised Economic Operator (AEO) status which provides the following benefits for clients:
REGISTRATION There are a vast number of flag states and aircraft registries worldwide and therefore choosing the right flag or nationality for your yacht and/or aircraft can be difficult. In all cases owners should consider prestige, tradition and history, international recognition of high standards and adherence to: Our Registration services include: OWNERSHIP Our dedicated marine and aviation team have a comprehensive understanding of the industry and are well placed to assist owners and their representatives in establishing a bespoke ownership structure for their yacht, business jets and helicopters. The very nature of moveable assets means that both crew and owners face cross-border tax complexities, as well as legal and regulatory challenges which should be navigated with careful management. ZEDRA provides a fully managed service crafted to the individual requirements of each ownership structure which delivers continuity and stress-free flying and sailing for both your aircraft and vessel. EU IMPORTATION ZEDRA Isle of Man has Authorised Economic Operator (AEO) status with HMRC which enables clients to benefit from fast-tracking of the importation paperwork and procedures and the avoidance of bank guarantees. Our expertise and the experience in Value Added Tax (‘VAT’) ensures that private or commercial yacht and aircraft ownership structures are compliant whilst in the EU and ensure their VAT status is protected when outside of EU. ACCOUNTING & VAT REPORTING Tailored to meet your specific needs, we aim to simplify your yacht, business jet or helicopter accounting requirements. We also offer a comprehensive range of trading and treasury support solutions which can significantly increase operating efficiency and minimise running costs and related risks for your vessel or aircraft. Whether privately or commercially operated, clear and accurate financial management is key to the success of your operations. ESCROW ZEDRA has extensive experience in the establishment and management of yacht and aircraft escrow arrangements. Let us manage the risk and provide peace of mind to contracting parties. An escrow arrangement provides comfort and security by balancing risk between the contracting parties by appointing ZEDRA as an independent third party to hold assets pending satisfaction of agreed contractual conditions. Escrow arrangements are incredibly flexible and are well suited to the sale and purchase of new and pre-owned yachts, aircraft and helicopters whether the transaction is for high net worth individuals or corporates or involves third party brokers. CREW EMPLOYMENT & PAYROLL 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. Yachts
Aircraft
Our yacht and aircraft ownership services include:
Our EU importation services include:
Our accounting and VAT reporting services include:
Our escrow services include:
Our seafarers’s employment and payroll services include: