POINTS FOR BUYERS TO CONSIDER • Is the superyacht VAT paid? Or is VAT accounted for? Has VAT been claimed back? • What will be my owning structure, and do I need a VAT structure set up? • Will this be a pleasure superyacht and registered private, or do I want to charter the superyacht? • Do I want to keep the same flag? Will the current flag affect the use of the superyacht? What is involved in changing flags? Will the new flag accept this kind of superyacht onto its register as a private or commercial superyacht? • Where do I feel comfortable with the deposit being held? • Are there any special conditions, or items I want left on the superyacht (ie transfer of upcoming charters or specific items fixed prior to closing)? • Do I want to keep the current crew? • Do I want a personal guarantee from the ultimate beneficial owner or a parent guarantee of the selling company? • Have all the vested interests in the deal been declared?
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