More and more entrepreneurs are planning to buy a yacht, often on lease, to conduct business meetings on it, rent it to entrepreneurs for promotional purposes. They also plan to make it available for private use by the management and shareholders of the company that is also its owner. It sounds interesting …? But is it possible at all and how to account for the expenses? And what about … Continue reading How to settle expenses for a yacht in a Polish company?
Let’s assume that you live outside the European Union and do not have a permanent residence permit in one of the EU countries. What options do you have to register a yacht in the EU? Basically there are two options. Remember that the purpose for which the yacht is used and the area of territorial waters in which you want to sail affect the choice of flag. Purpose of using … Continue reading What are the options for registering a yacht in the EU for non-EU citizens?