Commercial yachts

The Luxemburg ship register requires the exclusive registration of commercially used yachts (rental yachts), however this allows the yacht under certain conditions the same advantages of trading vessel voyages, value added tax exemption and the unlimited right to stay in European Union waters. 

LCI AG offers here the support in the application of all formal requirements in order to take advantage these benefits, which are available through the European Economic Community in its 5th directive and international agreements (IMO and ILO).

LCI AG is gladly at your disposal through support, explanation and execution of any special requirements regarding your yacht it’s crew as well as its customer. 

The fundamental advantages of Luxembourg location, in terms of the registration of a commercial yacht, can be a beneficial in a future-oriented complete strategy.

Your "personal" Shipping Company 

LCI AG always creates, in close consultation with our customers and their consultants, a completely individual ownership structure in terms of the care of the respective yacht. The creation of this concept always follows, under strict supervision, the optimisation of the utilization of the yacht including tax considerations.

Your "personal" Shipping Company is looked after through LCI AG with your direct personal co-operation. Firstly, after the establishment of your Shipping Company, LCI AG secures all administrative procedures with the management, as well as sequential record keeping and processing.

The enterprise of your yacht 

The secured management is concerned with, amongst other things, all registrations, renewals and similar procedures, concerning enrolment and continuation of the flying of your commercial yacht’s flag.  

Should something concern the management of your yacht, this will take place under the supervision of two captains, who use their many years of experience, both in the merchant fleet and in the area of the yachting to your advantage.  

LCI AG undertakes, in coordination with you, an “all inclusive” approach to the operation of your yacht. 

The management of your yacht includes, the completion all payments with suppliers, service enterprises and other supplier related insurances, mooring, maintenance, care, fuel and much more. 

Concerning your crew LCI AG takes over the entire bookkeeping as well as the administration of the naval books. Furthermore, local bank accounts can be established and credit cards can be requested for your captain. 

Sensible integration of a yacht as operational and property value 

Your yacht represents a particularly valuable capital investment and should, just like your personal real estate, be considered in every asset and inheritance. 

The registration of your yacht in Luxembourg makes available to you, a substantial savings support, in the form of tax rebates, tax offsetting of your commercial yacht as an investment asset, unlimited execution of asset loss, tax exemption on sale profit, and all of this under the protection of the treaties of double taxation which Luxembourg has set out with most countries.