Press Release

Issued by Equiom.

February 23, 2015

Leading international trust and corporate services provider, Equiom Group, is pleased to announce the significant expansion of its yachting and aviation teams with the recruitment of key industry professionals, Ayuk Ntuiabane and Grant Atchison.

Ayuk and Grant recently joined Equiom following its appointment as manager of the Moore Stephens Trust Company in the Isle of Man and will be working alongside Steve Cain, Edward Leigh and the existing teams based at Equiom's headquarters in the Isle of Man.

The teams will work with clients and their advisers to optimise the structures and business models required for the secure and cost-effective operation of yachts and aircraft, including the provision of effective VAT solutions. Their experience also extends to the proper importation and exportation of assets into the EU as well as overseeing the ongoing tax compliance requirements.

Aidan Davin, group client services director and Head of the yachting and aviation teams, commented: “The combined experience of our teams places Equiom at the forefront of the yachting and aviation sectors. We are confident that our clients will continue to receive the highest levels of advice and service available. Equiom's commitment to these sectors continues to grow as we see a clear demand for transparent, robust and innovative solutions. The expansion comes at a pivotal time for Equiom Group as it continues to grow and enter new territories. The Group's recent acquisition in Hong Kong is an example of this and will, I am sure, present the team with a number of new opportunities to further showcase their expertise.”

Plans are in place for the teams to promote Equiom's services at a broad range of global industry exhibitions, conferences and seminars, including high profile events EBACE (Geneva) in May and the Monaco Yacht Show in September.

Equiom has gained global recognition within the yachting and aviation industries through the provision of a variety of ownership structures which ensure VAT and tax efficiency, together with delivery of a first class personal service to existing and prospective clients and intermediaries. In addition to their Isle of Man teams, the company also has offices in the Channel Islands and Malta where provision of Maltese leasing structures and their Crewing employment services are also offered.