Background
Solution
The intricacies of employing crew has only been intensified as yachting has evolved. From the Maritime Labour Convention, to tax laws, to manning requirements. Professional Yacht Crew provides you with the international solution to employ your crew and give them the benefits they have earned yet mitigates your insurance liability.
Professional Yacht Crew is a Cayman Islands entity that is a multi-faceted alternative to traditional payroll services which would employ the crew. Under this structure the crew are employed through a Segregated Portfolio Company and leased back to the yacht. If your vessel is a commercial vessel, all of the legal requirements of the Maritime Labour Convention are provided to the crew including all crew health benefits, crew leave, monthly pay stubs and repatriation. Payroll is processed efficiently and timely from our Cayman office.
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