Rules for flagging yachts with flags and pennants

At sea, a yacht’s flag or pennants are used to communicate, affirm, indicate, and show respect to many different people, groups, and territories. Flags have been an important part of sailing for many years and their proper use is respected all over the world. The general principle of raising the flag and pennants on each yacht is similar. The most important flag should be placed … Continue reading Rules for flagging yachts with flags and pennants

Flag state – why is important for you?

As I wrote in my post , one of the most important decisions we have to make is choosing the flag of the yacht. Remember that the flag you choose will have a direct impact on the use of the yacht. I mean – law, taxes, liability and yacht inspections. It is important for you to realize that a yacht is not just a luxury toy. The purchase of … Continue reading Flag state – why is important for you?

Фото додано Інге Валлумрод: https://www.pexels.com/en-pl/photo/sailboat-during-the-golden-hour-2562096/

Yacht temporary admission procedure in the European Union

If the yacht sails in the territorial waters of the European Union, you should remember to pay the value added tax (VAT). The VAT payment will also be related to the prior selection of the flag state, the yacht ownership structure and the place of tax residence of the yacht owner. I wrote more about it here . The EU’s Sixth VAT Directive was amended in 1993. One of … Continue reading Yacht temporary admission procedure in the European Union

Zdjęcie dodane przez Kaboompics .com: https://www.pexels.com/pl-pl/zdjecie/polski-polska-lakier-5611/

Registration of a yacht up to 24 m under the Polish flag

The Department of Shipping Safety and Port Security of the Ministry of Infrastructure has developed materials in English on the requirements for yachts under Polish law. This is a response to the great interest in registering yachts under the Polish flag. Requirements and documents of Seagoing Yachts and other watercraft of less than 24 m in length flying the Polish flag Watercraft Registration Certificate Issued … Continue reading Registration of a yacht up to 24 m under the Polish flag