Chetcuti Cauchi is involved in all aspects of asset financing for the shipping and off-shore oil industries around the world. We act for both borrowers and lenders. Our practice encompasses the acquisition of newbuildings and the sale and purchase for trading or scrap of second-hand tonnage. Chetcuti Cauchi covers all aspects of financing: primary and bareboat registration, refinancing and workouts and related advisory work.
Our firm does not simply work on the day to day ship and yacht registrations. Chetcuti Cauchi also handles high profile matters including corporate structuring and tax planning. Our team of tax advisers is best equipped to provide sound advice on tax planning solutions. An effective tax solution with regards to shipping is the VAT Yacht Solution, whereby through a leasing structure, VAT on Malta registered ships can be reduced to 5.4%.
In such cases, we act for both buyers and sellers, assisting sellers in the setting up of a Malta Company and advising both buyers and brokers regarding the necessary steps which are to be followed in order to benefit from this scheme. Our lawyers are highly involved in the day to day running of shipping companies, and provide necessary legal assistance for the proper management of the vessels and the companies themselves.