Class B Shares
Welcome to Our Yacht Experience!
Due to recent changes in local regulations in the Maldives, only owners of the yacht (or their family & friends) are permitted to travel aboard foreign-flagged yachts like ours. To ensure your trip is both legal and seamless, we’ve created a unique solution that allows you to enjoy your charter without any hassle.
Here’s how it works:
Temporary Ownership:
Before your trip, you’ll receive a temporary Class B share in the company that owns the yacht. This makes you a part-owner during your charter.
No Extra Cost or obligations:
Your booking fee also covers the cost of the temporary ownership share.
These shares do not carry any obligations related to the yacht (e.g., maintenance, liabilities), and also do not include voting rights or decision-making authority within the company.
Simple and Hassle-Free:
By signing the booking form you activate the share for the duration of your charter. This allows us to comply with local laws and ensures you can enjoy your trip without concern.
After Your Trip:
Once your charter ends, your Class B share will automatically expire, and the ownership reverts back to the company.
We’re happy to answer any questions you might have about this process. It’s designed to be as simple as possible so you can focus on enjoying your time on the water. Thank you for being part of this innovative solution that keeps our yacht experience accessible and legal in the Maldives!
Due to recent changes in local regulations in the Maldives, only owners of the yacht (or their family & friends) are permitted to travel aboard foreign-flagged yachts like ours. To ensure your trip is both legal and seamless, we’ve created a unique solution that allows you to enjoy your charter without any hassle.
Here’s how it works:
Temporary Ownership:
Before your trip, you’ll receive a temporary Class B share in the company that owns the yacht. This makes you a part-owner during your charter.
No Extra Cost or obligations:
Your booking fee also covers the cost of the temporary ownership share.
These shares do not carry any obligations related to the yacht (e.g., maintenance, liabilities), and also do not include voting rights or decision-making authority within the company.
Simple and Hassle-Free:
By signing the booking form you activate the share for the duration of your charter. This allows us to comply with local laws and ensures you can enjoy your trip without concern.
After Your Trip:
Once your charter ends, your Class B share will automatically expire, and the ownership reverts back to the company.
We’re happy to answer any questions you might have about this process. It’s designed to be as simple as possible so you can focus on enjoying your time on the water. Thank you for being part of this innovative solution that keeps our yacht experience accessible and legal in the Maldives!
