Written by Alexander Griffiths
BWA Yachting has acquired SOS Yachting and appointed Frédéric Dormeuil as Chief Executive Officer of the multinational yacht charter fiscal agency. ‘’I am very pleased that we have acquired such a successful company. SOS Yachting fits very well with our strategic objective in making life easier onboard superyachts. They simplify the fiscal representation process for their clients, they do so across different territories and that is exactly what we should all be working towards’’ said Paschalis Patsiokas, Chief Executive Officer of BWA Yachting SOS Yachting has recently celebrated its 10th anniversary, established in 2012 to provide fiscal representation services for EU and non-EU yacht charter companies that operate within the European Union.
Operating out of offices in France, Spain, Italy and Croatia SOS Yachting provides services for more than 600 regular worldwide customers. This year plans are in place to further expand, with a new office in Monaco.
As BWA Yachting explained, “SOS Yachting emphasises the importance of local support and works to streamline the fiscal components of yachting for each and every client. They combine this with real-time operational guidance and services, making sure their clients are always tax-compliant and can consistently meet local standards while trading their goods or services abroad. Looking forward, BWA Yachting has announced that it aims for SOS Yachting to remain autonomous, operating in tandem with BWA Yachting, whilst continuing to further develop its own services. The appointment of Dormeuil is expected to help consolidate this position and help confirm a solid and coherent plan for the years ahead.
Dormeuil has a wealth of experience in the luxury goods industry, and has spent many years in yachting. “With Dormeuil’s in-depth knowledge of the yachting industry from important past roles and an innovative approach, SOS Yachting will be able to reach new heights with ease and continue its goal of revolutionising yacht-based fiscal representation,” BWA Yachting stated. “To be involved in the flourishing sector of yachting is incredibly motivating and what an industry it is; remarkable feats of engineering taking you to the most surreal destinations and like SOS Yachting, includes many distinctive service providers helping make the overall experience the dream-like allure that it is,” Dormeuil commented.
“From its inception, SOS Yachting has understood how to ease the burden of what can be a daunting process and I look forward to evolving the brand’s success and elevating its position in current markets and new ones,” Dormeuil continued.
sourcing https://www.superyachttimes.com/
