{"id":14400,"date":"2022-07-08T17:39:06","date_gmt":"2022-07-08T15:39:06","guid":{"rendered":"https:\/\/www.easytax-international.com\/sailing-for-pleasure-2\/"},"modified":"2023-05-05T13:44:32","modified_gmt":"2023-05-05T11:44:32","slug":"pleasure-yachting","status":"publish","type":"page","link":"https:\/\/www.easytax-international.com\/en\/guides\/pleasure-yachting\/","title":{"rendered":"Pleasure yachting"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"14400\" class=\"elementor elementor-14400 elementor-14396\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-b594a68 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b594a68\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4d0454f\" data-id=\"4d0454f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7944af0 elementor-widget elementor-widget-heading\" data-id=\"7944af0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 23-07-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h1 class=\"elementor-heading-title elementor-size-default\">Which VAT scheme for pleasure yachts?<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bf3dc71 elementor-widget elementor-widget-eael-divider\" data-id=\"bf3dc71\" data-element_type=\"widget\" data-widget_type=\"eael-divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"eael-divider-wrap divider-direction-horizontal\">\n\t\t\t\t\t\t\t<div class=\"eael-divider horizontal solid\"><\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0a4c759 intro elementor-widget elementor-widget-text-editor\" data-id=\"0a4c759\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 23-07-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<div data-id=\"1abe48f\" data-element_type=\"widget\" data-widget_type=\"heading.default\"><p>The taxation of yachts sailing in the Mediterranean varies according to different criteria: country of navigation, import or intra-community acquisition, private or commercial use. VAT exemptions schemes can apply under certain conditions.<\/p><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-31b1921c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"31b1921c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3a02fa74\" data-id=\"3a02fa74\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1f4a3eb4 elementor-widget elementor-widget-text-editor\" data-id=\"1f4a3eb4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>In this guide for <strong>brokers and yacht managers<\/strong>, we&#8217;ll identify 2 main cases, depending on whether <strong>the client pays VAT on his yacht, or wishes to benefit from the 18-month temporary admission scheme <\/strong> for private use or from specific customs schemes for commercial use.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" data-dce-background-color=\"#FFFFFF\" class=\"elementor-section elementor-top-section elementor-element elementor-element-38cbe064 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"38cbe064\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-5ea61371\" data-id=\"5ea61371\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e5341f5 elementor-hidden-mobile elementor-widget elementor-widget-image\" data-id=\"e5341f5\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 23-07-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"134\" height=\"300\" src=\"https:\/\/www.easytax-international.com\/wp-content\/uploads\/Illustration-10.svg\" class=\"attachment-medium size-medium wp-image-10358\" alt=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-611c98d2\" data-id=\"611c98d2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-inner-section elementor-element elementor-element-5efa865c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5efa865c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-36d0825f\" data-id=\"36d0825f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-69d8d8e4 ezy-captain-title elementor-widget elementor-widget-heading\" data-id=\"69d8d8e4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Warning!<\/span>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-19eaec2e ezy-captain-separator elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"19eaec2e\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 23-07-2024 *\/\n.elementor-widget-divider{--divider-border-style:none;--divider-border-width:1px;--divider-color:#0c0d0e;--divider-icon-size:20px;--divider-element-spacing:10px;--divider-pattern-height:24px;--divider-pattern-size:20px;--divider-pattern-url:none;--divider-pattern-repeat:repeat-x}.elementor-widget-divider .elementor-divider{display:flex}.elementor-widget-divider .elementor-divider__text{font-size:15px;line-height:1;max-width:95%}.elementor-widget-divider .elementor-divider__element{margin:0 var(--divider-element-spacing);flex-shrink:0}.elementor-widget-divider .elementor-icon{font-size:var(--divider-icon-size)}.elementor-widget-divider .elementor-divider-separator{display:flex;margin:0;direction:ltr}.elementor-widget-divider--view-line_icon .elementor-divider-separator,.elementor-widget-divider--view-line_text .elementor-divider-separator{align-items:center}.elementor-widget-divider--view-line_icon .elementor-divider-separator:after,.elementor-widget-divider--view-line_icon .elementor-divider-separator:before,.elementor-widget-divider--view-line_text .elementor-divider-separator:after,.elementor-widget-divider--view-line_text .elementor-divider-separator:before{display:block;content:\"\";border-block-end:0;flex-grow:1;border-block-start:var(--divider-border-width) var(--divider-border-style) var(--divider-color)}.elementor-widget-divider--element-align-left .elementor-divider .elementor-divider-separator>.elementor-divider__svg:first-of-type{flex-grow:0;flex-shrink:100}.elementor-widget-divider--element-align-left .elementor-divider-separator:before{content:none}.elementor-widget-divider--element-align-left .elementor-divider__element{margin-left:0}.elementor-widget-divider--element-align-right .elementor-divider .elementor-divider-separator>.elementor-divider__svg:last-of-type{flex-grow:0;flex-shrink:100}.elementor-widget-divider--element-align-right .elementor-divider-separator:after{content:none}.elementor-widget-divider--element-align-right .elementor-divider__element{margin-right:0}.elementor-widget-divider--element-align-start .elementor-divider .elementor-divider-separator>.elementor-divider__svg:first-of-type{flex-grow:0;flex-shrink:100}.elementor-widget-divider--element-align-start .elementor-divider-separator:before{content:none}.elementor-widget-divider--element-align-start .elementor-divider__element{margin-inline-start:0}.elementor-widget-divider--element-align-end .elementor-divider .elementor-divider-separator>.elementor-divider__svg:last-of-type{flex-grow:0;flex-shrink:100}.elementor-widget-divider--element-align-end .elementor-divider-separator:after{content:none}.elementor-widget-divider--element-align-end .elementor-divider__element{margin-inline-end:0}.elementor-widget-divider:not(.elementor-widget-divider--view-line_text):not(.elementor-widget-divider--view-line_icon) .elementor-divider-separator{border-block-start:var(--divider-border-width) var(--divider-border-style) var(--divider-color)}.elementor-widget-divider--separator-type-pattern{--divider-border-style:none}.elementor-widget-divider--separator-type-pattern.elementor-widget-divider--view-line .elementor-divider-separator,.elementor-widget-divider--separator-type-pattern:not(.elementor-widget-divider--view-line) .elementor-divider-separator:after,.elementor-widget-divider--separator-type-pattern:not(.elementor-widget-divider--view-line) .elementor-divider-separator:before,.elementor-widget-divider--separator-type-pattern:not([class*=elementor-widget-divider--view]) .elementor-divider-separator{width:100%;min-height:var(--divider-pattern-height);-webkit-mask-size:var(--divider-pattern-size) 100%;mask-size:var(--divider-pattern-size) 100%;-webkit-mask-repeat:var(--divider-pattern-repeat);mask-repeat:var(--divider-pattern-repeat);background-color:var(--divider-color);-webkit-mask-image:var(--divider-pattern-url);mask-image:var(--divider-pattern-url)}.elementor-widget-divider--no-spacing{--divider-pattern-size:auto}.elementor-widget-divider--bg-round{--divider-pattern-repeat:round}.rtl .elementor-widget-divider .elementor-divider__text{direction:rtl}.e-con-inner>.elementor-widget-divider,.e-con>.elementor-widget-divider{width:var(--container-widget-width,100%);--flex-grow:var(--container-widget-flex-grow)}<\/style>\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-682994b3 ezy-captain-note elementor-widget elementor-widget-text-editor\" data-id=\"682994b3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><strong>VAT PAID pleasure<\/strong> yachts that remain outside EU waters for more than three years are obliged to pay VAT again when they return to EU waters &#8211; unless they set up a specific customs scheme called the <strong>&#8220;returned-goods relief&#8221;<\/strong>. <\/p><p>These vessels must have an export document and remain outside Community waters for a maximum period of three years before being reimported.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-aac2b5e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"aac2b5e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a415ba2\" data-id=\"a415ba2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-33e8bb7 highlight elementor-widget elementor-widget-text-editor\" data-id=\"33e8bb7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>What documents need to be presented in the event of an inspection?<\/p><p>What are the different steps required? <\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-c40bc2a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c40bc2a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d0a85c1\" data-id=\"d0a85c1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1aef834 elementor-widget elementor-widget-text-editor\" data-id=\"1aef834\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h2>Scenario n\u00b01: your client has paid or wishes to pay VAT on his pleasure yacht<\/h2><p><strong>Usually, the owner of a pleasure yacht has to pay VAT on his yacht.<\/strong> The payment of this VAT in Europe allows the yacht to <strong>sail freely in EU waters<\/strong>.<\/p><p>If investigated, <strong>the owner must prove that VAT has been paid on the price of the vessel<\/strong>  in one of the Member States of the European Union, except for vessels considered as &#8220;VAT PAID&#8221; because they were built before 1985 and stationed in the European Union on 31\/12\/1992.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9c28c57 elementor-widget elementor-widget-accordion\" data-id=\"9c28c57\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 23-07-2024 *\/\n.elementor-accordion{text-align:start}.elementor-accordion .elementor-accordion-item{border:1px solid #d5d8dc}.elementor-accordion .elementor-accordion-item+.elementor-accordion-item{border-top:none}.elementor-accordion .elementor-tab-title{margin:0;padding:15px 20px;font-weight:700;line-height:1;cursor:pointer;outline:none}.elementor-accordion .elementor-tab-title .elementor-accordion-icon{display:inline-block;width:1.5em}.elementor-accordion .elementor-tab-title .elementor-accordion-icon svg{width:1em;height:1em}.elementor-accordion .elementor-tab-title .elementor-accordion-icon.elementor-accordion-icon-right{float:right;text-align:right}.elementor-accordion .elementor-tab-title .elementor-accordion-icon.elementor-accordion-icon-left{float:left;text-align:left}.elementor-accordion .elementor-tab-title .elementor-accordion-icon .elementor-accordion-icon-closed{display:block}.elementor-accordion .elementor-tab-title .elementor-accordion-icon .elementor-accordion-icon-opened,.elementor-accordion .elementor-tab-title.elementor-active .elementor-accordion-icon-closed{display:none}.elementor-accordion .elementor-tab-title.elementor-active .elementor-accordion-icon-opened{display:block}.elementor-accordion .elementor-tab-content{display:none;padding:15px 20px;border-top:1px solid #d5d8dc}@media (max-width:767px){.elementor-accordion .elementor-tab-title{padding:12px 15px}.elementor-accordion .elementor-tab-title .elementor-accordion-icon{width:1.2em}.elementor-accordion .elementor-tab-content{padding:7px 15px}}.e-con-inner>.elementor-widget-accordion,.e-con>.elementor-widget-accordion{width:var(--container-widget-width);--flex-grow:var(--container-widget-flex-grow)}<\/style>\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-1631\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-1631\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-right\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">The vessel was acquired and VAT was paid on it in one of the European Union Member States<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-1631\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-1631\"><p>Your client purchased a vessel in the Member State where they reside, and the delivery was made in that same state. The owner must keep the following on board: <\/p><ul><li aria-level=\"1\"><strong>the purchase invoice<\/strong> VAT inlcuded;<\/li><li aria-level=\"1\"><strong>proof of payment<\/strong> with a purchase invoice and\/or any other document clearly showing that VAT has been paid;<\/li><li aria-level=\"1\">the <strong>builder&#8217;s certificate<\/strong>.<\/li><\/ul><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-1632\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-1632\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-right\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">The yacht has been acquired within the EU and is subject to VAT<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-1632\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-1632\"><p>The vessel was purchased in Member State 1 (e.g. Germany). It is intended to be delivered, used and moored in Member State 2 (e.g. France).<\/p><p>In this case, the owner of the vessel must pay VAT in Member State 2 (France) and establish a <strong>tax certificate of acquisition<\/strong> with the relevant authorities. This document, called the <strong>&#8220;VAT paid certificate&#8221;,<\/strong> usually goes hand in hand with the registration of the vessel, while obtaining the flag of the same Member State.<\/p><p><strong>All these documents must be kept on board of the yacht. <\/strong><\/p><blockquote><p><strong>If the owner of the vessel is a taxable person, they should:<\/strong><\/p><ul><li>obtain a VAT number in the Member State concerned;<\/li><li>pay VAT by filing a return in that same Member State.<\/li><\/ul><p>However, this payment may be eligible for VAT deduction if the rules of the Member State allow.<\/p><\/blockquote><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-1633\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-1633\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-right\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">The yacht has been imported <i>(import)<\/i><\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-1633\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-1633\"><p><strong>The <em> vessel<\/em> was purchased or manufactured in a<\/strong> <em>non EU country<\/em>  and it is intended to be delivered in a Member State of the European Union: in this case, the common law procedure &#8211; common to all Member States &#8211; consists in importing the vessel by establishing a  <strong>customs import document<\/strong>. Depending on the Member State, the VAT should be paid to <strong>the Customs or Tax Authorities<\/strong>.<\/p><p>In most countries, this is done via a <strong>customs broker or freight forwarder<\/strong>. A customs import document (Single Administrative Document or <em> SAD<\/em>) will then be prepared. It serves as <strong>justification of the VAT payment<\/strong> and more generally the <strong>VAT status of the vessel<\/strong>.<\/p><p>Depending on the import Member State, other VAT schemes may be in place. These <em> imports<\/em> can be carried out, depending on the case, under the reverse charge mecanism. In practice: <strong>if the owner of the vessel is a taxable person, they will have to register for VAT in the Member State concerned<\/strong>. They will also be able to benefit from a <strong>VAT deduction<\/strong> if the rules of the Member State allow it. In any case, and whatever the VAT scheme applied, all compulsory documents must be kept on board, in case of an audit.<\/p><div class=\"accordeon-box\"><p><strong><span style=\"color: #f79433; font-size: 20px;\">WARNING<\/span><\/strong><\/p><p>&#8220;VAT paid&#8221; vessels may have their VAT status changed. The result? In some cases, the owners will be forced to pay VAT a second time! It does happen.<\/p><p><strong>Example n\u00b01:<\/strong> a VAT paid pleasure yacht is transported to be used by its owner in a country outside the EU. If the owner does not re-import the vessel into the European Union within three years and under a special customs scheme (the &#8220;returned-goods relief&#8221;), they will have to pay VAT on the vessel&#8217;s total value. A value called &#8220;market value&#8221; based on insurance certificates and an estimate by a maritime expert or the customs authorities.<\/p><p><strong>Example n\u00b02:<\/strong> a VAT paid pleasure yacht is transformed into a commercial yacht by its owner. The owner benefits from a VAT exemption for one or more years. However, VAT will have to be paid on the vessel&#8217;s &#8220;market value&#8221; as soon as it becomes pleasure again.<\/p><\/div><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" data-dce-background-color=\"#FFFFFF\" class=\"elementor-section elementor-inner-section elementor-element elementor-element-5f04d26a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5f04d26a\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-246e44f7\" data-id=\"246e44f7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3ca5ce12 texte-montserrat-35-brown elementor-widget elementor-widget-heading\" data-id=\"3ca5ce12\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<span class=\"elementor-heading-title elementor-size-default\">To enable your customers to benefit from the most compliant VAT regime adapted to their situation, trust EASYTAX INTERNATIONAL.<\/span>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4e379179 separateur elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"4e379179\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-268cc508 elementor-widget elementor-widget-text-editor\" data-id=\"268cc508\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>How it works: you&#8217;ll have a dedicated employee to personally assist you with your regulatory procedures. We will take care of your customers, regardless of the Member State concerned.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-657aa833 elementor-widget elementor-widget-text-editor\" data-id=\"657aa833\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><em>EASYTAX INTERNATIONAL offers complete support, we will:<\/em><\/p><ul><li><em>let you know which documents are required and collect them;<\/em><\/li><li><em>contact customs authorities to request import;<\/em><\/li><li><em style=\"background-color: transparent;\">help with selecting the right VAT scheme (reverse charge VAT on import etc.);<\/em><\/li><li><em style=\"background-color: transparent;\">choose the customs office for import;<\/em><\/li><li><em style=\"background-color: transparent;\">coordinate with customs and the captain to choose the import place and date;<\/em><\/li><li><em>send the validated declaration to the vessel.<\/em><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5cbdef10 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"5cbdef10\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-md\" href=\"https:\/\/www.easytax-international.com\/en\/contact\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">CONTACT US<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-dd62f2b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"dd62f2b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c940b19\" data-id=\"c940b19\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-inner-section elementor-element elementor-element-7b10d4d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7b10d4d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-ee02aab\" data-id=\"ee02aab\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8aea0b9 elementor-widget elementor-widget-text-editor\" data-id=\"8aea0b9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h2>Case n\u00b02: your client wishes to benefit from the 18-month temporary admission scheme and not pay VAT on their yacht<\/h2><p>In Europe, <strong>a pleasure yacht can, in certain cases, sail in EU waters without paying VAT<\/strong>. However, in the event of an inspection by the authorities, this vessel will have to prove its right to sail in the European Union without having to pay VAT. <\/p><p><strong>A pleasure yacht can stay in EU waters for 18 months without paying VAT<\/strong>, in two types of contexts.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-680e88d elementor-widget elementor-widget-accordion\" data-id=\"680e88d\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-1091\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-1091\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-right\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">The pleasure yacht is used privately within the framework of the 18-month Temporary Admission.<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-1091\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-1091\"><p><strong>A pleasure yacht can be used privately in EU waters for a maximum period of 18 months without having to pay VAT.<\/strong> The condition? It has to be owned by a non EU resident (taxable or non-taxable) and flying a non EU flag.<\/p><p>If controled by the relevant authorities, the owner will have to pay VAT on the value of the vessel, unless they can prove that <strong>the vessel arrived in EU waters less than 18 months<\/strong> ago. Any proof can be useful (logbook, navigation instruments, invoice receipts from a non EU port&#8230;or a customs form in certain Member States)!<\/p><div class=\"accordeon-box\"><p><strong><span style=\"color: #f79433; font-size: 20px;\">WARNING<\/span><\/strong><\/p><p><strong>To secure this private use scheme<\/strong>, the yacht owner can fill in a specific document offered by the European Commission (compulsory in some Member States).<\/p><p>How it works? Have it validated by the relevant customs authorities in the first European port the vessel stops at. Be warned, the pleasure yacht can only be used privately during those 18 months!<\/p><\/div><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-90a76f3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"90a76f3\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-37f89f50\" data-id=\"37f89f50\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-inner-section elementor-element elementor-element-ab97c72 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ab97c72\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-31a8652e\" data-id=\"31a8652e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ec5dca6 elementor-widget elementor-widget-image\" data-id=\"ec5dca6\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"588\" src=\"https:\/\/www.easytax-international.com\/wp-content\/uploads\/Groupe-6401.svg\" class=\"attachment-large size-large wp-image-10357\" alt=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-64ceb0d3\" data-id=\"64ceb0d3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2e2b069d elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"2e2b069d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Save time<\/span>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-inner-section elementor-element elementor-element-41fa0216 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"41fa0216\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-4eba51dc\" data-id=\"4eba51dc\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1da0698 elementor-widget elementor-widget-text-editor\" data-id=\"1da0698\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #ffffff; font-family: Montserrat, sans-serif; font-size: 18px;\">We help you to secure your arrival in the European Union waters.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-73dc871c\" data-id=\"73dc871c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2b2202c0 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"2b2202c0\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-md\" href=\"https:\/\/www.easytax-international.com\/en\/contact\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Contact us<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-acc6562 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"acc6562\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f9c6792\" data-id=\"f9c6792\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2692c4a elementor-widget elementor-widget-accordion\" data-id=\"2692c4a\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-4041\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-4041\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-right\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">The pleasure yacht is used on a commercial basis<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-4041\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-4041\"><p>In some Member States, <strong>pleasure boats benefiting from the 18-month Temporary Admission scheme are not allowed to be marketed, unless they are placed under a specific customs procedure<\/strong>. These customs procedures are set up with the agreement of the relevant customs authorities. In principle, a <strong>customs broker<\/strong> takes care of the formalities:<\/p><ol><li aria-level=\"1\">A request for authorization is sent to the customs authorities;<\/li><li aria-level=\"1\">The vessel is <strong>temporarily imported<\/strong> for the time it takes to carry out its commercial activity (boat show, rental&#8230;);<\/li><li aria-level=\"1\">The vessel is <strong>re-exported and returns to the 18-month Temporary Admission scheme.<\/strong> The duration of the temporary import is not included in the 18-months.<\/li><\/ol><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-e90c7f3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e90c7f3\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c2dd98e\" data-id=\"c2dd98e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c448773 elementor-widget elementor-widget-text-editor\" data-id=\"c448773\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h4>What are the obligations for yachts offered for sale or charter in the European Union?<\/h4><ul><li aria-level=\"1\"><strong>For sale:<\/strong> a broker established in the European Union must take care of marketing the vessel. The latter must be moored in a place known to the customs administration. As far as customs procedures are concerned, the yacht must be placed under the &#8220;Temporary Admission for Sale&#8221; or &#8220;Temporary Admission for Demonstration&#8221; procedure if it is participating in a boat show.<\/li><li><strong>For rental:<\/strong> some flags allow a pleasure yacht to be rented. For example, the Marshall Islands, Bermuda and the Cayman Islands have implemented the &#8220;YET &#8211; Yacht Engaged in Trade&#8221; status. Depending on the member state, a customs procedure called &#8220;Temporary Admission for Hire&#8221; may be required.<\/li><\/ul><h4>Renting pleasure yachts under temporary admission: the YET scheme<\/h4><p>The regulations related to certain flags allow a pleasure yacht to be rented. The Marshall Islands, Cayman Islands and Bermuda, for example, have implemented the &#8220;YET&#8221; or &#8220;Yacht Engaged in Trade&#8221; status, under the customs regime called &#8220;Temporary Admission for Charter&#8221;.<\/p><div class=\"accordeon-box\"><strong><span style=\"color: #f79433; text-transform: uppercase; font-size: 20px;\">Good news!<\/span><\/strong><br>The YET initiative puts an end to Mediterranean yacht owners&#8217; biggest dilemma: they can either use their yacht purely privately or charter their yacht to third parties and only pay VAT on their own charters.<\/div><div><b>YET allows recreational vessels to operate in the waters of certain EU Member States for up to 84 days per calendar year<\/b>, whether engaged in commerce or not, without changing their registration, if they meet certain commercial requirements.<\/div><div><p><b>For a yacht to have &#8220;YET&#8221; status, it must:<\/b><\/p><ul><li>be in possession of a <b>value added tax (VAT) payment certificate<\/b> or other document proving that the yacht has a VAT paid status,<\/li><li>or <b>operate in EU waters under the temporary admission (TA) scheme<\/b> in accordance with EU regulations which allows the yacht to enter and stay in EU waters for up to 18 months without paying VAT on the hull.<\/li><\/ul><p>As YET yachts are considered as private yachts from a tax point of view, <b>no VAT\/duties exemption will apply on fuel, supplies and services, except for works (inward processing).<\/b> VAT must be paid on third party charters as for purely commercial yachts.<\/p><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Which VAT scheme for pleasure yachts? The taxation of yachts sailing in the Mediterranean varies according to different criteria: country of navigation, import or intra-community acquisition, private or commercial use. VAT exemptions schemes can apply under certain conditions. In this guide for brokers and yacht managers, we&#8217;ll identify 2 main cases, depending on whether the [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":10359,"parent":14683,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"footnotes":""},"class_list":["post-14400","page","type-page","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.easytax-international.com\/en\/wp-json\/wp\/v2\/pages\/14400"}],"collection":[{"href":"https:\/\/www.easytax-international.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.easytax-international.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.easytax-international.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.easytax-international.com\/en\/wp-json\/wp\/v2\/comments?post=14400"}],"version-history":[{"count":39,"href":"https:\/\/www.easytax-international.com\/en\/wp-json\/wp\/v2\/pages\/14400\/revisions"}],"predecessor-version":[{"id":16987,"href":"https:\/\/www.easytax-international.com\/en\/wp-json\/wp\/v2\/pages\/14400\/revisions\/16987"}],"up":[{"embeddable":true,"href":"https:\/\/www.easytax-international.com\/en\/wp-json\/wp\/v2\/pages\/14683"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.easytax-international.com\/en\/wp-json\/wp\/v2\/media\/10359"}],"wp:attachment":[{"href":"https:\/\/www.easytax-international.com\/en\/wp-json\/wp\/v2\/media?parent=14400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}