Surround yourself with people who know what they`re doing and have a good balance sheet, including: surveyor, lawyer, super-yacht manager, broker and vat/accountant advisor. Make sure your contract, specific terms and conditions are all available in writing. The most common form of the agreement for the sale and purchase of used super yachts is the Mediterranean Yacht Brokers Association (MYBA) form of sale and purchase, known as the MYBA Memorandum of Agreement (MYBA MOA). Additional conditions or changes to standard conditions must be recorded (for example.B. transfer of charters currently reserved for the season or works to be removed). It is important that oral agreements be recorded in writing. You should think carefully before signing the staff guarantee that subscribes to the company`s sales or purchase obligations. This can affect the ownership structure you have carefully set up and cause tax law problems when selling. Who`s my broker? Do I have to enter into an agency agreement? Are there any special conditions, or items I would like to leave on the superyacht (i.e. the transfer of impending charters or some items repaired before closing)? Is VAT on the super-yacht paid? Or is VAT accounted for? Has VAT been recovered? As mentioned above, the Worldwide Yachting Association (MYBA) form is the most common type of Memorandum of Understanding (MOA) used for the sale and purchase of super yachts in Europe.
Although the parties are free to choose an alternative standard form (what may be the closing mechanisms and how are the funds unlocked? Will it be managed by SWIFT or by waiting for funds on the account or fast conditional (forecourt of funds, but will not be received until the delivery and acceptance protocol is signed)? Is it a pleasure to superyacht and recorded in private, or do I want to charter the super yacht? What should I do if the buyer changes the flag? Are all the legal documents of the super-yacht correct? Необходим аккаунт? Зарегистрируйтесь сейчас! What is the process? Signing of the agreement, based on maritime investigations and investigations.