Fiduchi has a wealth of experience in providing clients with assistance regarding all the various aspects of yacht ownership. Crew employment, payroll, insurance and financial reporting are just some of the services we provide.
Utilising our knowledge and specialist skills we ensure the yacht can be used to maximum benefit and enjoyment of the owner. This relationship can encompass the ownership structure where we are able to provide trustees for a trust, act as qualified member of a foundation, and provide corporate directors and nominee shareholders for a company.
With the complexities of employment legislation and the specific requirements of each flag state to consider, it is important that the correct framework is put in place to protect the interests of crew members and the beneficial owner of the superyacht. Being based in the IFC that is Jersey, we are not part of the EU/EEA so we are ideally placed to provide a full range of employer options. We have a dedicated structure through which crew employment and payroll can be comprehensively managed. Alternatively, this can be administered through an owner’s bespoke incorporated cell company structure which we are also able to provide. The social security regulations in the EU are complex and it is therefore beneficial to arrange payroll through an offshore company structure. For more details on these services contact us.
Running a yacht, paying crew, paying invoices for expenses and, where applicable, the filing of VAT returns, requires specialist knowledge and we have the capability within the Fiduchi Group to provide all accounting and administration services, including the provision of bank accounts and debit/credit cards. Contact us for more details of our financial reporting and accounting services.
All yachts should carry comprehensive insurance and cover will vary dependent on the yacht’s specific requirements. Cover will generally include war risks and piracy, kidnap and ransom as well as insurance for professional yacht captains and crew. Yacht insurance typically covers the yacht’s hull, machinery, equipment and fixtures and fittings on board and can be arranged to include furniture and antiques on board, tenders, water toys, provisions, and personal contents. All yacht insurance packages should offer P&I (protection and indemnity) as standard to insure the owner’s legal liability against third parties, guests and crew.
Fiduchi consults with a range of trusted insurance companies and independent brokers to ensure the vessel has the best possible insurance package.
Web enabled, 24/7 access to all plan information for company stakeholders
Information updated in real-time
Ability to view and filter all participants
Access to suite of pre arranged, Business Intelligence reporting
Complete management oversight and control for company
Ability to create and schedule your own reporting
"Fiduchi's Online Share Plan Administration portal, has saved time, money and paper, and [it] allows us to become more efficient in the managing of our employees share awards. It's really fantastic what an impact this platform has made."
Micheal S
Head of People - Tech startup company.
Onboarding of your data to our online platform is easy regardless if you choose a fully-managed or self-service in-house solution. By making the switch to our platform, you can upgrade from having to manage your share plan data on complicated spreadsheets. Plus, to make the process as simple as possible, our experts will assist you every step of the way and we also provide helpful guides.
For businesses who opt for our fully managed solution, our platform is able to deal with each business’s unique requirements. When it comes to dealing with exact legal and regulatory issues, our platform will be able to automatically determine the actions required for each award or vesting, specific to the country in which the company operates. Therefore minimising the risks and allowing full compliance from a legal and regulatory position.
Our platform uses the highest standards to protect the valuable data and assets we hold on behalf of our clients. Our platform provider has a team of in-house cyber security and IT professionals to protect our system and carry out security audits, due diligence, penetration testing and to oversee potential threats. They are fully regulated, accredited and certified by a range of statutory and non-statutory bodies including the US Department of Commerce’s Privacy Shield.
Our platform can be branded to match your company’s own brand, therefore becoming a professional extension of your employee benefits. You can set role-based access and let your employees and shareholders log into their own online branded share platform anytime, anywhere and see exactly what shares they have and how much they are worth. They can also easily accept grants, exercise options, calculate potential pay-outs and more.
Our experienced Private Client and Family Office teams are here to answer any questions you may have. With a wealth of knowledge and expertise, they will be able to advise you on right solutions to meet your needs. You can rest assured that core to the Fiduchi principles are how your interests should best be met.
Our experienced Corporate team are here to answer any questions you may have. With a wealth of knowledge and expertise, they will be able to advise you on right solutions to meet your needs. You can rest assured that core to the Fiduchi principles are how your interests should best be met.
Our experienced Funds team are here to answer any questions you may have. With a wealth of knowledge and expertise, they will be able to advise you on right solutions to meet your needs. You can rest assured that core to the Fiduchi principles are how your interests should best be met.
Our experienced team are here to answer any questions you may have. With a wealth of knowledge and expertise, they will be able to advise you on right solutions to meet your needs. You can rest assured that core to the Fiduchi principles are how your interests should best be met.
Our experienced employee services team are here to answer any questions you may have regarding all types of employee incentive requirements. With a wealth of knowledge and expertise, they will be able to assist in finding the best solution to achieve your business needs.
