THE MASTER YACHTING SERVICE FOR EU YACHT TAXATION
Know-how and experience are a basic prerequisite for making legal use of the various tax advantages. We offer all yacht buyers in Europe support with the optimal yacht taxation.
HOW TO PAY NO TAXES!
- Commercial use: the ship is chartered out. The buyer only pays VAT for the charter weeks that he uses the boat himself! Most popular variant and income instead of running costs.
- On all yachts used in other EU countries. E.g. Turkey and the Caribbean. We handle the correct export delivery for you. Likewise for yacht buyers from Switzerland who use their vessel in the EU.
- For super and mega yachts. Due to the high running costs for the offshore setup, this only makes sense and is only feasible for yachts with a purchase price of 5 million or more. Interested? Please arrange a personal meeting and see the added value for yourself.
YACHT PURCHASE WITH 1% - 10% TAX
In this case, the duration of the yacht's stay in the EU is decisive for taxation. This model with genuine financing is ideal for buyers who only spend some time a year in EU waters with the yacht. (e.g. berth in Montenegro, summer season in Croatia or Italy).
Yacht taxation: The only the installments of those months in which the yacht is in EU waters are taxed with 20% VAT. Financing (minimum term: 4 years and a maximum down payment of 50%) including credit check is offered for citizens from the following countries: Germany, Switzerland and Austria, Spain, Italy and France.
If the vessel is used or stationed outside the EU for the first few months immediately after delivery, the first down payment installment of 50% is ideally not taxed. This saves you half the tax on the purchase price. This also applies if the vessel is used in EU waters afterwards and for the rest of the time. Also ideal for buyers who want to go to the Caribbean. Even if the ship is used outside the EU the entire time, At the end of the term, only the residual rate (min. 1% of the purchase price) be taxed. You will also own a ship that is officially and legally taxed in the EU. A clever and smart way to tax your yacht!
WITH ONLY 1% TAX BURDEN FOR LATER EXPORT
+ 1% fees and processing: As a work-around for buyers who on the one hand do not want financing including interest and on the other hand want to stay with the new yacht in EU waters for the first few months and only then transfer the ship to the Caribbean, for example.
Yacht taxation: You acquire the yacht through an installment plan model. You rent the yacht for 6 - 12 months. VAT only applies to the rent. Once the yacht is in another EU country, you can exercise the purchase option and transfer ownership. The yacht remains untaxed.
WITH ONLY 2-5% TAX BURDEN
+ 1% fees and processing: for all buyers who intend to resell their ship within a maximum of 5 years or plan to move the ship permanently to another EU country afterwards. Master Yachting rents you the yacht for the corresponding period. The tax only applies to the rentThe yacht itself remains untaxed.
YACHT PURCHASE CONTROL WITH 16%
For buyers of an untaxed second-hand yacht that is to be transferred from the Caribbean to the EU, there are Azores since July 2021 a possibility to equip the ship with 16% VAT at current value taxable in the Azores. The Azores are an autonomous archipelago of Portugal, taxation in the Azores is considered EU taxation. This solution is also interesting for buyers of a new yacht who also want to use their vessel in EU territories in the Caribbean.
YACHT PURCHASE CONTROL WITH 18%
For all those who need a quick, inexpensive and uncomplicated solution for the "Immediate yacht taxation" search. For all new yachts purchased through Master Yachting we offer taxation and delivery in Malta. The ship will be with 18% Maltese VAT. taxed and offers a saving of 7% compared to Croatia and 6% compared to Greece etc.
SMARTE EU YACHT TAXATION
This applies to all interested parties and customers who are currently new yacht want to buy! We wrap on request Purchase and taxation, Transfer and handover for you. However, we must point out that we are not tax advisors.