The Commercial Ship Structure provides an attractive VAT rate of 0% to companies (or individuals) wishing to purchase a commercial ship (it cannot be classified as a pleasure craft, See Yacht Structures). This advantageous VAT rate also applies to all ship leasing activity involving the commercial ships. As VAT rates can climb as high as 25%, this structure provides a substantial saving on the acquisition cost of ships.

Commercial ships can be purchased (or sold/contributed to) and registered through the corporate entity and pay zero VAT on the transaction. The ships can subsequently be leased/rented to an operator located anywhere in the world. A VAT rate of 0% applies to all ship lease contracts. The VAT is considered paid (at a zero rate). This prevents any other VAT authority from imposing additional VAT charges on the ship, even though it is based in their own jurisdiction.

A completely structured package is offered by Amicorp which includes the set-up, management and administration of the corporate entity holding the ship.