Yacht Importation Services
We have considerable experience in the importation of yachts and the formation and management of the appropriate corporate structures.
Our Yacht Importation service includes:
· Ensuring that the yacht is registered in an appropriate Flag State
· Liaising with Flag State and Classification Society as appropriate
· Setting up a tax efficient structure to own the yacht. Or use the existing yacht owning structure if appropriate
· Registering the structure for VAT purposes
· Importation the yacht through an appropriate country – e.g. France, Malta or Isle of Man – where the EU importation documents will be issued
· Once the process is complete, VAT is accounted for and reclaimed