Founded in 1976, CMB is one of Monaco’s leading private banks, specialising in wealth management and financial planning. CMB is a fully independent bank thus characterized by a quick decision making process, allowing maximum efficiency in the delivery of its services to the client. CMB has a specifically dedicated division to yacht financing: SMEF.

SMEF specialises in setting up tax efficient structures for the purchase of large yachts typically by the means of marine leasing schemes. Through its extensive network of established partners SMEF is effectively able to deliver a comprehensive service including adequate VAT advisory, incorporation of the vessel owning company, yacht finance, insurance and registration.

SMEF’s client base includes both European and non European nationals, not necessarily residing in the Principality; its services prove to be particularly efficient for vessels with a value in excess of € 1 million.

For further information, you may contact:

David Pranzini
Director
david.pranzini@smef.mc

Susana Munoz
susana.munoz@smef.mc

SMEF
23, avenue de la Costa,
98000 Monaco
Tel : +377 97 97 31 41
Fax : +377 97 97 31 47
info@smef.mc

CMB/SMEF photo gallery

www.smef.mc