Where experience counts
With 50 years of experience, The Bachmann Group is able to offer a complete package from ownership through to crew management and employment, maximising the potential and enjoyment of the vessels for Owners, Guests and Crew
Owning and managing a superyacht is an increasingly complex undertaking. Beyond the vessel’s role as a source of enjoyment, it stands as a valuable asset, subject to stringent and shifting legal requirements, emerging technologies, and evolving crew dynamics. These all amount to significant personal liabilities on the owner, if operations are not governed by industry best practise standards within managed corporate structures.
With strong ties to major industry players and over 50 years of superyacht management experience, The Bachmann Group and its specialist divisions have well-established and trusted connections with expert teams around the world. This ensures that the Owner and crew’s experience in any port of call is professional, smooth, seamless and relaxed.
WHO COULD BENEFIT FROM BACHMANN GROUP’S SERVICES?
- Owners, Family Offices or Companies with Clients, who are:
- Operating a superyacht or executive aircraft anywhere in the world
- Looking to separate from the liability and administrative burdens associated with crew employment
- Running crew payrolls with employers EU Social Security or UK National Insurance Contributions
- Interested in beneficial corporate rates and truly personalised solutions for private, charter & leasing
FIDUCIARY & COMPLIANCE
Our valued clients benefit from very attractive jurisdictional and financial advantages of our strategically oriented Head Office, which is based right in the heart of Europe – Guernsey, Channel Islands, Great Britain.
There are many jurisdictional benefits of a Headquarters with location and fiscal governance independent to the UK & EU and Bachmann is therefore able to offer all qualifying individuals a Non-EU Corporate Ownership & Registration service, administered and managed in-house by our team to take advantage of efficiencies that the EU and UK VAT systems offer.
This service provides owners; the benefits and opportunity to own their yacht through an offshore company, the vessel to be registered at the owner’s preferred offshore port of registry, and with this the vessel to enjoy VAT free access to European or UK waters for up to 18 months on any visit. The procedure is known as Temporary Admission or Temporary Importation; resulting in an approved, limited, waiver from any VAT charges on the value of the yacht, which would normally be due on entry to the EU or UK HMRC.
REGISTRATION & VAT PLANNING
The choice of flag on a yacht’s transom and with it the country of registration, has a direct effect on the level of privacy and liabilities that the vessel and owner is exposed to; as such this can significantly impact a client’s enjoyment of the asset. Whilst many factors will influence the final choice of the flag, the considerations will include; the yacht’s use, the planned area of operation, the yacht’s VAT status, the nationality of the owner, the crew and their qualifications. All of these options together with Bachmann Groups expert advice and services give owners access to solutions with a multitude of benefits.
EMPLOYMENT, PAYROLL AND HR SERVICES
Bachmann Group are the largest manager of crew in Europe, looking after over 25,000 seafarers and aircrew scattered all over the world, providing robust and cost-effective solutions to crew employment and crew payroll. Other crew services include; Crew and shore staff Recruitment & Contracts, Training to STCW (International Convention on Standards of Training, Certification and Watchkeeping for Seafarers) & MLC (Maritime Labour Convention) requirements, arranging medicals, travel, health events, repatriation, and immigration procedures, offshore payroll management and social security contributions in any major currency plus, employment advice, contracts, human resource issues and dispute mediation. In addition, Bachmann Group incorporates and manages Offshore Entities for owners and companies, enabling direct savings for them on Employers Social Security / National Insurance Contribution payments. Therefore, owners and companies engaged with Bachmann Group are able to offer higher salaries to their offshore seafarer employees, by saving on Employers Contributions.
OPERATIONS, TECHNICAL & LOGISTICS
Bachmann Technical Services and their Port Agency handle all management, logistics, costs and liabilities for Port Calls. Appointment of an approved Local Port Agent by all commercial and professionally operated visiting vessels is a mandatory requirement in most ports. Bachmann Port Agents manage this service directly in home ports of the English Channel and through trusted partners, together with a logistics/incident/dispute consultancy support service, globally. Services include all port and local authority arrangements, Customs & Immigration handling together with all supplies and fuel bunkers.
Bachmann Group has direct partner accounts with Physical Fuel Suppliers in their English Channel Home Ports and partner accounts with all of the major International Bunker Agents, globally; for assured highest quality product and service, at the most competitive prices.
For all your necessary Shipyard Support, Bachmann Group have an in-house team and extended network of technical experts to support their clients through every stage of the project. We offer Safety Management Systems, ranging from our Full ISM Safety System (commercial registered +500GT) to our Mini ISM (24 m – under 500 GT).
From within our own company, we are able to offer experienced and certified DPA and CSO Officers who are trained in Crisis Management and are able to offer a wealth of knowledge and advice.
In addition to flag approved Safety Management Systems, we offer ISM & International Ship and Port Facility Security Code Internal audits, for yachts and company offices. We provide comprehensive, independent audit reporting of any ISPS non-conformities, in advance of external audits by a client or Flag Administration.
With an annual payroll responsibility of around $1 billion, Bachmann Group is the largest provider in this sector and has been continually setting the standard for operations and management globally. Bachmann is a direct employer of over 50 experienced shore-based staff throughout its many divisions, ready to assist with a myriad of solutions.
Our ethos is for robust planning and considered thought, our reputation is for integrity and professionalism delivered in a personal way. Clients choose Bachmann Group due to; our team, we help owners and representatives focus on what matters to them, resulting in a truly bespoke and trusted relationship. We at Bachmann Group strive for the highest service level of delivery, and the respected reputation that instills with our clients.
For more details Tel: +44 (0)1481 731059
or visit brochure.bachmanngroup.com
