European yacht charter rules?

[gp333]

One charter per annum does not even pay the insurance cost! Let alone the crew, mooring and maintenance!!! That is a mad idea, sorry.
RE: you dont worry about this.. all this pay in this case person who rent yacht like this.. I was say in this case this is not usual costly luxurious charter....


When the vessel is chartered in EU waters, the charter agent pays EU taxes, thats it.

The owner may be from Brazil, the flag Antigua, that is not the issue.
RE: this is not problem EU charter company will pay EU taxes... if you mean taxes on money they earn from charter? (i guess you not mean on boat tax here)

Travelling boats have the permission to enter without being taxed. But they have to leave EU waters after 6 month.
It is possible to travel EU waters again, but it depends completely on the officers good will to see that re- entering as a sailing trip or as a way to circumnavigate tax.
RE: this is not issue in my case... this is not private traveling... this is one-two high costly commercial charters with foreign vessel (who can have contract with EU company about charter) per year only

Originally Posted by CatBuilder

The requirements are:

a) No VAT tax on the boat
b) Legal charter operation for un-inspected vessel
.

Not possible, sorry. It is either in private use, or has to be imported / taxed.

b) there are no such vessels in Europe. The boat has to comply with CE regulations when in charter.

see the post above.

[CatBuilder]

OK, it has to be imported/taxed for use in charter. Understood. That's a shame because I have to export and re-import to the States if I want to charter back in the States later, after chartering in Europe? These laws are very annoying.

You would think there would be a way to charter internationally.

Do you have a link to the CE regs for charter boats?

Since I am currently building the boat, it will make it much easier if I refer to the CE regulations before construction is complete.

Thank you, Richard.

Follow up question: What is the VAT basis on a boat you build yourself? Cost of materials?

Originally Posted by CatBuilder

OK, it has to be imported/taxed for use in charter. Understood.

There are ways around that. Not easy and not cheap though. But not here on the open board

You would think there would be a way to charter internationally.

Do you have a link to the CE regs for charter boats?

The same as for any boat build or sold within EU.

Since I am currently building the boat, it will make it much easier if I refer to the CE regulations before construction is complete.

Thank you, Richard.

When you build to any of the major classification rules you are nearly there.
Use the Forum search function, there are links to CE reg.s here. I do´nt have them at hand here on board.

[CatBuilder]

Wow, this thread has been very helpful. Thank you.

I found a little bit of additional information here. Scroll to the bottom of this link for a number of cases on chartering in the EU:

http://www.myyachtregistration.com/eu-vat-regulations/

I had planned to build to ABYC requirements. I will look up the CE regs. If they are the normal building ones, I know one item of the top of my head already: Catamaran escape hatches.

Originally Posted by CatBuilder

Wow, this thread has been very helpful. Thank you.

I found a little bit of additional information here. Scroll to the bottom of this link for a number of cases on chartering in the EU:

Well, this info is a bit dated but valid in general. The most important point here (for you and the OP) is probably this:

If the yacht is chartered to a non-EU resident by a non EU resident owner, then provided the charter commences and ends outside the EU, the charterer can bring the yacht into EU waters and obtain a temporary importation certificate for it.

The yacht must not commence or end a charter whilst in EU waters under a temporary importation certificate unless it is taken out of EU waters immediately.

So, in theory chartering the yacht from Croatia as the OP obviously plans, would be possible. Unfortunately do´nt the Italian authorities give a **** on this gap. Most likely they will tax the vessel completely for being not "in private use".

Take care with ABYC! As far as I can remember CE goes a bit further in some cases! You should check that with the designer.

Regards
Richard

[gp333]

thnx for advices

[gp333]

I am hear that if you have French Antilles flag you must not pay VAT inside EU waters...

[gp333]

And Canary islands (Spain) too

[TeddyDiver]

I think you must. They are considered as non EU what comes to VAT..
ps. There's some VAT reductions what comes to some goods and items produced in such location but thats not the case here

[gp333]

than Malta it seems offer best possible conditions for EU waters

Originally Posted by gp333

I am hear that if you have French Antilles flag you must not pay VAT inside EU waters...

Not worth to comment on that as long as it is a secret what you are really in for.