Yacht VAT Compliance for Commercial Operations
Calculation and justification of the VAT rate applicable to each leg of a charter or transport agreement, through to the final invoice wording.
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Regulations
Your responsibilities and the rules that apply
As shipowner, captain or appointed agent, you carry permanent or temporary responsibilities. FLYN-YACHTING lightens that load with verified, probative documents.
Your responsibilities as a yachting professional
As shipowner or captain, you are, globally, responsible for the management of the yacht in port and at sea, and for general compliance (qualification, training, documentation, and all rules of certification and international navigation). The same applies to the administrative aspects in the fiscal, customs, social and environmental fields. You can delegate certain responsibilities through a yacht management mandate, regarding the yacht herself but also the commercial operations for charter or passenger transport.
As the shipowner’s agent (central agent, charter, stakeholder, tax representative…) or as captain, you have permanent or temporary duties and responsibilities including:
- Day-to-day implementation of multiple tax rules, opportunities for exemption, and transparency obligations
- Customs monitoring of tax-free fuels (fuel logbook) and year-end report
- Filing of compliant accounting at year-end
- Filing of an international commercial navigation report (70% threshold)
- Presentation of a VAT exemption certificate (ports, provisioning, shipyards…)
- Declarations of entry into territorial waters, of intended anchorage or stop, of pilotage; associated health, port and customs rules
The FLYN-YACHTING suite of products and services can help you lighten your workload by relying, in meeting these obligations, on verified and probative documents demonstrating your compliance to the administrations, either a priori or a posteriori. All you need to do is integrate these elements into the management of commercial contracts (VAT & TICPE), into annual declarations (70%, fuel), or more simply into the on-board archives.
The regulations in force
The rules we document
Each sheet explains one regulation applicable to yachting in the Mediterranean and, where relevant, links to the matching FLYN-YACHTING certificate.
70% Rule Yacht VAT Compliance — High Seas Qualification
Counting and certification of qualifying international commercial voyages against the 70% high-seas threshold.
Learn moreSale in international waters
The conditions for selling a yacht outside the EU fiscal territory — or, conversely, for retaining the benefit of the VAT-paid status.
Learn moreTemporary admission
The 18-month VAT-free stay granted to private non-EU vessels in the EU fiscal territory, and the evidence of the entry date.
Learn moreReturned Goods Relief (RGR) — EU Presence Certification
Evidence of the yacht’s presence in the EU over the last three years under the Returned Goods Relief scheme.
Learn moreYacht Fuel Logbook Compliance for Mixed Commercial Use
Keeping of the fuel logbook and year-end report for mixed commercial use, supporting customs monitoring of tax-free fuel.
Learn moreTransport agreement
The tax exemption opportunities opened by navigation under a transport agreement, and what must be evidenced to claim them.
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