Various entities can be used to own yachts, with limited liability companies and partnerships being the most popular choices. Each type of entity provides unique advantages tailored to the specific needs of the beneficial owner.

Acquiring your very own yacht is a decision that demands careful thought and consideration. There exists a multitude of factors to consider. Below are ten of the essential factors to guide you on your journey.

Over the last five decades, the superyacht industry has experienced remarkable growth and progress. Although luxury yachts have existed for more than a century, the presence of and demand for opulent yachts of such size, sophistication, complexity, and comparative value as we see today have predominantly emerged within the past half-century.