Isle of Man Yacht Forum has announced their attendance at the 2010 Monaco Yacht Show, with several of their member companies bringing with them a large amount of knowledge, skills and expertise in the large yacht industry.

This expertise includes; yacht registration, finance, management, tax and VAT services, corporate services, crew recruitment, administration and payroll services and compliance and technical services.

Commented Robert Tobin, Chairman of the IOMYF:

“Since the Forum was founded the large yacht industry in the Isle of Man has grown considerably, as has the number of quality businesses which provide services for the industry. In our first year of existence about ten representatives from member companies attended the Monaco Show. This year I expect there to be nearer one hundred.“

The extent to which the Isle of Man Yacht Forum Members are involved in the superyacht industry can be judged by the increasing number of yachts which are managed through Isle of Man trusts and companies. The last year alone has seen several well known large yachts enter Manx waters to complete their importation or flagging requirements.

“Being based in one of the most reputable international financial centres, and a highly respected Flag State, gives the Forum members a politically stable, modern and efficient platform from which to conduct yachting business around the world.”