An extremely significant GCC Family that Aqua works with sought to acquire a Super Yacht on short notice and wished to ensure that it was structured so it could have commercial and personal use.
Aqua got involved from the negotiation of the acquisition; assisting with the structuring of the ownership entity; facilitated the registration of the vessel under the appropriate Flag, ensuring that it could successfully transfer the vessel through the EU and the VAT liability was kept to concessionary rates. This allowed the Family to acquire what is an exceptionally valuable asset, but mitigating its liability utilising an EU Port of Entry.
Aqua ensured the Family has access to the most appropriate Charter Agents and Surveyors expediting the process, coordinating surveys, insurance and service delivery.
Aqua has since worked with this family to acquire a number of Superyachts and now assists with the management of the fleet and crew.
"During my relationship with Aqua Group I have found them to be thoroughly professional in their dealings and technical approach. In particular, I have been impressed with the Director led approach with is focussed on quality service, building relationships and openness which has led to excellent communications and therefore minimal surprises."