Yacht, Estate and Aircraft Administration

Creatrust proposes a solution for HNWIs and Family Offices to manage their assets:

Advisory and incorporation of the special purpose vehicle
Legal and tax advice upon contribution in kind, registration and purchase of the yacht, plane or estate
Payroll services, accounting, tax compliance and budgeting
Reporting and online access of information and financial statements
Appointment of a director or a general partner in charge of the administration of the LLP
Inheritance and succession advisory and tailor made solutions

We can also provide accounting services for yacht, planes and estates:

Accounting, book-keeping, administrative and clerical support
Taylor-made solution with an online real-time information
Minimal input from the aircraft, yacht crew or estate's staff
Transparency and audit
Management accounts with analysis of the costs, rents, charges, staff and payroll
Year-end accounts & preparation of year-end file, ready for audit
Bank account, petty cash and credit card management & reporting
Provision of dedicated solution, for control, processing and payment of supplier invoices and staff remunerations
Budget preparation & control, tracking current results against latest forecast
Funds request - cash flow & liquidity
Purchase ordering, quotations & estimates logistics
Job Costing, social security, withholding taxes on salaries
Reporting of Inventory - Assets, amortisation Consumables, Spare Parts & Provisions
Detailed asset register including furniture, investments, refurbishments
Foreign currency reporting
Review of accounting systems, business processes and financial controls
Rents collections, consolidation with other private assets
Ad-hoc and specific needs