Smart EU yacht taxation
Tips and how to save money when buying a yacht ...
EU Yacht taxation for used yachts
Especially when buying a used yacht that is offered as taxed: it is absolutely necessary to insist on handing over the original documents of the yacht taxation. Also to avoid misunderstandings and problems later. Copies are unfortunately not sufficient as proof of taxation!
Tax-saving schemes via Cyprus and Malta have been stopped by the EU in 2019. French Leasing with 10% flat-rate taxation has also been abolished towards the end of 2020. These or similar options for yacht taxation no longer exist.
For Swiss, (but the vessel may not be delivered in Switzerland) and EU Non-Residents using their vessel in EU waters: Yachts are not taxable in EU waters. The tax-free 18-month temporary, as well as informal, import applies here.
- However, care must be taken to ensure that proper export processing of the new yacht is carried out. Especially if the new ship comes from an EU shipyard and demonstrably leaves EU waters again before the 18-month period expires.
The ship can then immediately return for a new 18 month period. It is necessary to present a proof that you have left the territorial waters of the EU with your vessel. (clarification document / port document)