Abacus Yachts attend Monaco Yacht Show

Representatives from Abacus Yachts will be attending the biggest event on the yachting industry’s calendar next week, as they travel to the prestigious Monaco Yacht Show (‘MYS’) to promote their services for yacht ownership and registration.

MYS will open its doors from 24th – 27th September 2014, at Port Hercule in Monaco, attracting visitors and exhibitors ranging from yacht owners to captains, brokers to advisors and shipyards to suppliers, who will all be taking full advantage of its renowned networking platform to promote their products and services.

Paul Kneen, CEO of Abacus Financial Services Group and Elena Koltsova, Manager of Abacus Corporate Services Limited will represent Abacus Yachts at the show and will be actively meeting with owners and their representatives to promote Abacus’ yacht services and discussing the current state of the industry and its predicted future with likeminded professionals.

Both the Isle of Man and Malta continue to offer a number of advantages for yacht owners who register under their flag and who use the jurisdiction for structuring ownership of their vessel. As reputable shipping locations with strong heritages in maritime, they remain to be popular jurisdictions in the industry, despite new and upcoming jurisdictions emerging.

Mr. Kneen said, “The ever changing requirements and regulations of the industry requires for structures to be established and administered compliantly whilst still meeting the needs and objectives of the client. A number of challenges continue to affect yacht ownership which means carefully structured planning is still of utmost importance. With almost 40 years’ experience in providing bespoke services and offices in the Isle of Man and Malta, we are well placed to assist a variety of clients and their various reasons for yacht ownership planning, tax and administration. We are looking forward to meeting new people and discussing the various opportunities available to them.”

Abacus provides simple ownership structures for both pleasure and commercial yachts, working alongside owners and their representatives to provide administration support to the owner so that they have the freedom to enjoy their yacht. Abacus will be promoting their full range of yacht services at the Monaco Yacht Show and will be happy to discuss the considerable benefits of using the Isle of Man or Malta and how they can assist with structuring the ownership of a yacht.

If you wish to meet with Paul at the show, please email paul.kneen@abacusiom.com to arrange an appointment.