Our firm will draft and negotiate your Memorandum of Agreement and Bill of Sale. We monitor the progression from the establishment of suspensive conditions up until the completion of the transaction by the signing of the Bill of Sale.
We also offer escrow services through our CARPA account. During this phase, we contact potential creditors of the vessel to ensure that there are no debts on the vessel being transferred. Our intervention provides the buyer with legal certainty that is essential for the pursuit of his project.
We advise the shipowner on the tax status to be adopted, especially in regards to the VAT, the Domestic Consumption Tax on Energy Products (TICPE) and the “Francisation” and Navigation rights, or the Passport rights on vessels.