EU yacht taxation
Tips & all the details to save taxes when buying a yacht.
The EU yacht taxation is between 0% and 18% – depending on the possibilities. Yachts used privately are taxable for EU citizens at up to 25% (Croatia), depending on the tax rate in the destination country.
In general, every privately used yacht has to be taxed if the owner has his residence and his ship in the EU. EU new vehicle rule.
This applies to all watercraft with a length of more than 7.5 meters that were first used no more than 3 months ago – or that were used for less than 100 engine hours.
Only original documents are valid as proof of tax (EU yacht taxation), copies are not accepted!
- Dealer invoice with VAT and payment confirmation.
- Official documents about the yacht taxation.
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.
Smart EU yacht taxation of 0% – 18%
For all customers who want to buy a new yacht and want to save taxes: If you wish, we will handle the purchase, all tax matters, transfer and handover for you with a professional hand. From AZ.
Here are the legal ways to avoid EU yacht taxation on your new ship or to significantly reduce the tax burden.