Collective expertise, bespoke solutions With the help of KHT World Commerce Review looks forward to the Monaco Yacht Show Knox House Trust (KHT) is part of the wider Knox group of companies, which are an independent, dynamic group of businesses with over £1.25 billion of assets under management and administration. Whilst the Group has offices throughout the UK, KHT is based in the Isle of Man and licensed and regulated by the Financial Services Authority. KHT offer’s bespoke fiduciary planning incorporating the creation and on-going management of structures designed to meet the aims of private and corporate clients alike. KHT is able to create and fully manage multi-jurisdictional structures that are tailored to our client’s needs, not least by maximising their residence and domicile position and the related tax treatment afforded as a result. KHT independently has in excess of £750 million of assets under management and/or influence currently, comprising and spanning a multitude of asset classes, from yachts to private aircraft, artwork to high end commercial and residential property. KHT fully manage a single Family Office and via its senior team possess a wealth of experience in providing Family Office services generally. “At Knox House Trust we are dedicated to helping high net worth individuals and entrepreneurs realise their financial goals. Our approach is multi-disciplinary combining expertise in many areas such as; International taxation services including migration and cross border planning; Property appraisal, acquisition and high level management; Investment appraisal and structuring; Trust & Estate planning comprising on-going professionally managed corporate and fiduciary structures; Company Formation; Asset protection Foundations Family Office We fully understand the issues affecting high net worth individuals and their families and therefore take a holistic approach in all we do when considering a client’s specific circumstances, thus allowing us to deliver a tailored bespoke offering at all times” Simon Duggan Managing Director Knox House Trust Knox House Marine & Aviation (KHMA) is a branded division of Knox House Trust Limited offering owners of luxury yachts and privately operated aircraft a comprehensive range of ownership, management and administration services. Throughout the course of the year, KHMA attend various premier events to meet with clients and industry specialists and are thrilled to be attending this year’s 2016 Monaco Yacht Show set in the iconic Port Hercules of the Principality of Monaco. The Monaco Yacht Show 2016 is a must attend event for any business actively involved or working in the super yacht arena. With over 580 exhibiting companies attending the show from superyacht builders, yacht designers, luxury manufacturers and super yacht brokers, this event really is the yachting premiere of the calendar year. It is anticipated that the show will unveil approximately 40 new build launches with over 125 superyachts and 40 tenders on display during the 4-day premier event. As well as attending the Monaco Yacht Show, KHMA will be hosting an exclusive evening drinks reception on board the stunning MY Turquiose. Designed to turn heads, the breath-taking 181ft/55.4m custom motor yacht Turquoise was built in 2011 by Proteksan Turquoise. Under her new owner, Turquoise has undergone a considerable interior refit in 2014. Her luxurious, contemporary interior was conceived by the award winning team at H2 Yacht Design. KHMA provides a superior personal service with the convenience of instant access to highly technical support and advice, offering owners of yachts and privately operated aircraft a comprehensive range of services that are bespoke to their specific requirements. With the many advantages of yacht and aircraft ownership, comes the responsibilities of managing the associated book keeping and accounting duties. KHMA works closely with owners and captains to analyse their operations and customise a financial plan best suited for meeting their requirements. KHMA’s comprehensive yacht management and administration services include budget preparation, payroll, invoicing, European VAT registrations, ISM & ISPS technical services and much more. KHMA can assist with providing on-board inspections and preparation of ISM manuals and produce the necessary port state control paperwork. We provide a qualified shore-based manager who can implement the design and audit of an approved SMS. You can rest assure that your ‘Designated Person Ashore’ is experienced and available to provide support when it is most needed. Should crew payroll service be required, KHMA can provide full crew employment and payroll services to assist owners and to ensure they comply with crew employment legislation, EU national insurance/social security and contribution requirements. With an extensive global network of reputable, well established and trusted suppliers and agents we can provide assistance for anything your yacht or aircraft may need regardless of where it is operating. KHMAs summary of executive services include: Private Yacht and Aircraft ownership solutions VAT advisory on purchase and sale Advice and assistance on VAT importation into the EU International Yacht and Aircraft registrations Management & Crew Payroll services Technical services Surveying Insurance Finance “Our aim is simple: to offer convenient, accessible and specialist services that reduce the administrative burden, while maximising the benefits of yacht and aircraft ownership. We support our clients to understand and navigate pertinent areas such as VAT, importations and international registrations. We recognise the importance of service excellence and accurate reporting to our clients.” James Porter Senior Manager of Knox House Marine & Aviation For more information, please feel free to visit our website www.khtlimited.com or contact us at: enquiries@khtlimited.com
 I’ve found Knox House to be pragmatic, very diligent and punctual. They are pleasant to work with and nothing is too much trouble. I enjoy working with them and wouldn’t hesitate in recommending them.

OWNER’S REPRESENTATIVE 73 & 58 METRE SUPERYACHTS

 

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We enjoy an excellent working relationship with the team at Knox House Trust and we would not hesitate in recommending their services. They are always available when we need them and nothing is too much trouble. A proactive, knowledgeable and efficient team.

SUPER YACHT CONSULTANT

James Porter With over 18 years’ experience in the offshore corporate services industry working for 2 large international corporate service providers, James is responsible for the on-going development and operations of Knox House Trust Limited’s Marine and Aviation division. James also advises international entrepreneurs, expatriates, high net worth individuals and professional intermediaries on all aspects of corporate structuring, specialising in aircraft and yacht ownership, management, registration services, VAT planning and importation services. James’s role also extends to cover business development and attending various yacht and aircraft exhibitions. Simon Duggan Simon is a member of the Chartered Institute for Securities and Investment and has in excess of 25 years’ experience in the Isle of Man financial services sector. Having commenced his career with PKF in the mid-eighties, Simon went on to work for prominent PLCs and private trust companies in senior strategic and client facing roles, specifically in relation to the creation of efficient and effective tax driven structures for private and corporate clients alike. In 2005 Simon was invited to be a part of the then newly established private client arm of an independent Family Office. Appointed to Managing Director in 2008, Simon played a key role in the extensive growth of the business, its two acquisitions and their successful integration. Early in 2011 Simon joined Knox House Trust Limited, having worked with its principal founder for the past five years and is tasked with heading up client services, business development and strategic operations. Simon also regularly features in the City wealth Leaders List of prominent trustees.

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