ONBOARD Magazine summer 2023

ADVERTORIAL
THE ONLY
SMART OPTION
Frédéric Dormeuil outlines the benefits
for commercial yachts of working
with a specialist operational and fiscal
representation company
As the Mediterranean’s premier
superyacht fiscal representation
company, SOS Yachting has spent
the last decade providing an unparalleled
service of helping its clients navigate the
financial requirements of VAT compliance
for charter yachts.
At SOS Yachting, we understand the
complexities of country specific fiscal
implications and are equipped at a local
office level with the necessary knowledge
and expertise to manage all VAT demands
with precision and professionalism.
With our team of specialists, you can rest
assured that your vessel’s financial statuses
are in safe hands as we provide you with the
most accurate and up-to-date information,
keeping you and your clients compliant in
every cruising destination while minimising
any risks or financial penalties.
As a leader in the Mediterranean region,
SOS Yachting aims to deliver local support
wherever required. With representative
offices in Croatia, France, Italy and Spain,
SOS Yachting prides itself on being at the
forefront of the action, able to help clients
at a moment’s notice.
As the Aegean Sea continues to tempt the
chartering world, SOS Yachting has recently
expanded its reach with the opening of a
new office in the heart of Greece.
This fifth office in the SOS Yachting stable
aims to provide support for those wanting
to indulge in Greek waters and ensures
clients get the full SOS Yachting level of
service they deserve.
Frédéric Dormeuil, CEO of SOS Yachting,
commented: “The timing couldn’t be more
perfect. As we note evident trends for clients
wishing to start their charters in Greek
waters, offering SOS Yachting’s trusted
support makes great sense.”
With the opening of
SOS Yachting Greece,
we look forward to offering our
clients total focus and the local
support they deserve - SOS
Yachting’s key strength.
Greece has been rising silently in popularity
as a charter destination, and many brokers
have noted this trend of demand moving
towards the east, with destinations such
as Croatia and Greece now rivalling the
classic locations of France and Italy.
Maria Ntouka-Montesantou, the newly
appointed Managing Director of SOS
Yachting Greece, added: “The Eastern
Mediterranean has so much to offer, and
it’s clear Greece is now very much at the
forefront of interest. With the opening of
SOS Yachting Greece, we look forward to
offering our clients total focus and the local
support they deserve – SOS Yachting’s
key strength.”
As part of a larger goal to promote regional
tourism development in Greece, the new
office, as well as offering the full charter
license, will also monitor the progress of
recently passed legislation making it easier
for non-Greek yachts to charter in the
country’s waters. If passed, the legislation
will eliminate the current need to establish
a physical presence there.
At SOS Yachting, we recognise that the
superyacht industry is a niche market, and
we understand the unique needs of each
individual yacht and charter. This is why
superyacht owners entrust their financial
affairs to SOS Yachting with total confidence.
With an extensive portfolio of over 700
superyachts, which include some of the
most popular charter yachts in the industry,
SOS Yachting is the first port of call when
it comes to overseeing VAT regulatory
requirements.
For more information on how SOS Yachting can
help your business, please feel free to reach
out to us at team@sosyachting.com,
or visit www.sosyachting.com
for more insight on how we can help you
optimise your business to guarantee a
successful and profitable charter season.
ONBOARD | SUMMER 2023 | 23