As part of its business growth strategy, Dominion Marine has decided to close the Dominion Consultants office in Antibes and relocate to a permanent base in the Principality of Monaco, where Dominion Marine SARL launched a new VAT Solution for superyachts in 2013.
Chris Allix of Dominion Marine told us: "This move is designed to relocate all our assets into one place, and to put all our efforts into the Monaco VAT product. At present we are seeking larger premises for our Monaco operation. I am delighted that finance experts Ken Griggs and Xavier Lamadrid have joined us and their input has already exceeded my expectations. The superyacht industry has changed hugely since I founded Dominion Marine in 1984, and we have always adapted to those changes and continue to do so. We know a lot of superyacht owners want to go back to just enjoying their yacht and we can support that with the Monaco solution, and still support the commercial superyachts with other solutions such as Malta and Cyprus leasing. ”
Ken Griggs appointment
For further information about the appointment of Ken Griggs and the Monaco VAT solution please click on the link below - See more at: http://www.onboardonline.com/industry-article-index/legal-and-finance/dominion-marine-expands-operations-in-monaco/?stage=Stage#sthash.T2EEskMP.dpuf
Superyacht VAT Calculator
Dominion Marine has designed a Superyacht VAT Calculator App, available for iOS and Android users, which shows VAT payable on both the Monaco Solutions and the Maltese Leasing scheme. Just download the app and the rest is easy.