Tag: LUXURY GOOD

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

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

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Management

What are the options for registering a yacht in the EU for non-EU citizens?

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?

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