Cruisers Forum

Thread Tools Search this Thread Rate Thread Display Modes
Old 23-10-2018, 22:52   #1
Registered User

Join Date: Jun 2017
Boat: Future Fountaine Pajot owner
Posts: 11
US Owner Operated Charter, International Waters

We are researching how to set up a legal owner operated charter business (under 6 passengers), RYA certification with small vessel commercial endorsement, Cat 0 for offshore passages as well as week long charters around various ports. The boat will never be in US waters for long as we donít intend to bring it back to the states. The charter Ďlegsí will follow the sun and we would live aboard. Considering flagging the boat Red Ensign so it follows MCA 280 code and is consistent with RYA manning standards. Owners would set up LLC out of US and pay taxes there with boat as an asset to that business.

Has anyone done anything similar? The tax experts and legal advisors donít seem to be familiar with this concept because itís not a traditional charter model. Iíll go broke paying them to try to understand it. Any advice or resources would be much appreciated!
Holly3785n is offline   Reply With Quote

charter, water

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Can I Be Stopped in International Waters ? nickkutzko Rules of the Road, Regulations & Red Tape 215 29-04-2010 03:39

Advertise Here

All times are GMT -7. The time now is 22:54.

Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2023, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2023, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.