A commercial yacht must hold proof of the status of commercial undertaking which it has endorsed both for the purpose of ensuring a valid status of flag registration and for tax compliance. The management and administration of a commercial yacht is many times considered as a hefty task on the owner. In this respect M. Demajo Maritime provides for all the services that relate to the charter activity, crewing, fiscal, legal and management of commercial yachts. In order to ensure the owner’s peace of mind on the expenses relating to the charter activity, we provide the owner with an operational budget and ensure that the owner is kept aware of all the transactions and savings being overlooked and administered by our accounts and audit department.
