EU yacht taxation
Tips & all the details to save taxes when buying a yacht.
First to the EU yacht taxation for used yachts
Especially when buying a used yacht that is offered as taxed , it is absolutely necessary to insist on the delivery of these original documents of the yacht taxation in order to avoid problems later. Copies are not sufficient as proof of taxation!
The tax-saving models for yacht taxation via Cyprus and Malta were stopped by the EU in 2019, French leasing with 10% flat-rate taxation was also abolished towards the end of 2020, these or similar options for yacht taxation no longer exist.
Yacht purchase, yacht taxation advantages for Swiss customers and all EU non-residents
For Swiss (the ship may not be delivered in Switzerland) and EU non-residents who use their ship in EU waters: Yachts are not taxable in EU waters. The tax-free 18-month temporary and informal import applies here.
- However, it must be ensured that on the one hand a correct export processing of the new yacht is carried out if the new ship comes from an EU shipyard
- and before the 18-month period has expired, the ship can be shown to leave EU waters. It can then come back immediately for a new 18 month period. Proof that you have left the territorial waters of the EU with your ship (clarification document / port document) is required here.