Fishing

We have been dedicated to supporting the fishing and seafood sector for over 25 years. From our headquarters in Aberdeen our team of industry experts are committed to serving the local communities in which we operate. Our specialist accounting and tax knowledge together with our understanding of the market allows us to service our client's needs efficiently and work together to achieve our client’s future goals.

We are genuine business advisors and our is aim is to provide a tailored service to our clients and support them through every stage of the lifecycle - start up, growth and exit - at each of these stages we look to provide effective tax planning to maximise future cash flows and return on investment.

Case Studies

Background

Successful UK based owner managed aquaculture business which has experienced significant growth and expansion of its fleet of vessels, geographical reach and service offering.

Background

Profitable fishing partnership, with individual and corporate partners, who wished to consider their business structure and options to mitigate tax liabilities.

Background

Becoming increasingly remote in company operations, the minority shareholder of a long-established fishing company expressed his interest to exit the company and retire. The remaining company shareholders wished to progress with the company purchase of own shares, and at the same time, wind-up an existing Partnership in which the company was a Partner in order to consolidate operations.

We were approached to advise on how to tax efficiently achieve the above objectives, ensure that no more than a fair market value was paid to the exiting shareholder, as well as project manage the transactions to completion.

Background

Scottish fish supplier with established market in EU countries requiring support to navigate post-Brexit reporting and funding challenges.  Issues were twofold; delays in moving goods as a result of post-Brexit customs regulations and loss of invoice financing arrangements.

Graeme Allan web

Key Contact

Graeme Allan
Chief Executive

graeme.allan@aab.uk
+44 1224 625111