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How to choose the flag for my vessel under construction?
How to choose the flag for my vessel under construction?
This is a question that all current or future pleasure craft or commercial vessel owners ask themselves.
Whether they aspire to simply sail, or charter this vessel, which flag should they choose?
This choice is crucial, particularly in relation to the goals you seek to achieve.
If you wish to optimize a purchase, reduce VAT, charter the vessel, or hire personnel, the flag choice will impact all aspects of the taxation and social contributions of future employees, as well as all of your earnings and obligations.
This choice often depends on the nationality of the ship owner, but alternative solutions exist, and it also depends on the employer’s stance towards future employees and solely on you.
This choice is complex because it requires the intervention not only of a Maritime Law Expert Lawyer to guide and organize everything, but also of third parties who will assist in the setup and necessary formalities.
In any case, consulting an Expert who can explain the various impacts of different flags is essential.
If you also seek information on where to register your vessel, contact Maître Florence ROMEO, an expert maritime lawyer and effective across 100% of the territory.
This is a question that all current or future pleasure craft or commercial vessel owners ask themselves.
Whether they aspire to simply sail, or charter this vessel, which flag should they choose?
This choice is crucial, particularly in relation to the goals you seek to achieve.
If you wish to optimize a purchase, reduce VAT, charter the vessel, or hire personnel, the flag choice will impact all aspects of the taxation and social contributions of future employees, as well as all of your earnings and obligations.
This choice often depends on the nationality of the ship owner, but alternative solutions exist, and it also depends on the employer’s stance towards future employees and solely on you.
This choice is complex because it requires the intervention not only of a Maritime Law Expert Lawyer to guide and organize everything, but also of third parties who will assist in the setup and necessary formalities.
In any case, consulting an Expert who can explain the various impacts of different flags is essential.
If you also seek information on where to register your vessel, contact Maître Florence ROMEO, an expert maritime lawyer and effective across 100% of the territory.
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