Representatives from leading fiduciary services specialists, Abacus, will be attending the prestigious Monaco Yacht Show next month.
Garry Crossan, Chief Executive Officer – Malta, and Yacht and Aircraft Manager, Barbara Jolly, will represent Abacus at the event, now in its 22nd year.
Garry Crossan said, “With offices located in the Isle of Man and Malta, we are ideally positioned in two of the world’s leading shipping jurisdictions. Though similar in many of their qualities, both have individual attributes which, depending on a client’s objectives and intended use, may be of benefit to the ownership and operation of their yacht. The Isle of Man was top-place in the Flag State performance table 2011.
Having offices in both locations, we believe that we are a significant competitor in the yachting field and that the Monaco Yacht Show continues to be a great venue to promote both jurisdictions and Abacus’ services.”
Considered one of the most important events on the yachting industry’s calendar, the show is the largest in Europe, particularly for the luxury end of the yacht market and, yet again, expects to welcome over 500 exhibitors, 30,000 visitors and 100 yachts. The show is recognised as an annual meeting place for yachting clients and industry professionals worldwide.
Barbara Jolly added, “The event is a great networking platform with an assortment of attendees including business leaders, yacht owners, yacht brokers, charter agents, management companies, government officials and shipyards.
Our yacht services are aimed at owners and their representatives, with a focus on ownership planning, tax and administration. We continually review and shape our services to meet the ever changing requirements and regulations of the industry to ensure that the ownership structures we establish and administer are both compliant with current regulations and meet our clients’ specific requirements.”
Abacus will be promoting their full range of yacht ownership services at the show and will be happy to discuss the considerable benefits of using the Isle of Man and Malta with yacht owners and their representatives.
