For the correct operation of a commercial charter yacht in EU waters there are two criteria that should be met to remove a possible VAT liability, namely VAT registration and EU importation.
Find Out MoreArchive for the ‘Consultancy & Guidance’ Category
Current difficulties with UK/IOM VAT structures
UK/IOM VAT registration has provided a robust system for yacht charter operations for a number of years and was the preferred choice of structure for many vessels, however, things have now moved on.
Find Out MoreIs now the right time to pay VAT on your yacht?
The current economic climate is a good time to be paying EU VAT on your yacht but make sure you plan ahead.
Find Out MoreVAT and Charter Operations. What is all the fuss about?
There is presently a lot of discussion and information creating confusion on how best to structure an EU charter vessel from a VAT perspective, but it does not need to be that way. By following basic criteria chartering in the EU should be trouble free.
Find Out More