Fiscal representation for yachts
Services_VAT.png

VAT

VAT

EU VAT regulations

Under EU VAT regulations, owning companies of commercial yachts intending to charter within the EU are required to register for VAT in each country where their yachts will embark on charters. A designated VAT representative or agent is responsible for remitting the relevant tax generated from charters to the appropriate authorities on behalf of the owning companies. VAT is applicable to short-term charters, ranging from 1 to 90 days, in the EU country where the yacht becomes available to the charterer.

Value Added Tax in Croatia

Value Added Tax in France

Value Added Tax in Greece

Value Added Tax in Italy

Value Added Tax in Spain

It is reassuring for us to be working alongside you throughout all these changes!
— The Burgess London team

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