| Registration & Flags | Crew Management | Leasing & Insurance | Chartering / Sales | Company Incorporation |
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LEASING & INSURANCE
Thanks to the agreements we signed with the financial institutions, Albatros Management is able to provide financial instruments for your Yacht acquisition which enable you to mitigate the VAT impact on your purchase. The rate can achieve 6% for a yacht over 24 meters. Why leasing can benefit from a lower VAT rate ? Some countries such as Italy, France, Malta agreed the treatment of yacht leasing, in term of which the supply of the leasing service is taxable according to the extent of use of the yacht within EU territorial waters, for yacht sailing outside the EU waters the leasing is not subject to VAT. With the difficulty of assessing such time, a sliding scale has been implemented based on the length of the yacht with the assumption where the longer the Yacht is, the longer her time spent outside the EEC waters. Leasing Brochure (PDF)
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Member of : Riviera Yachting Network & GEPY Groupement des Equipages Professionnels du Yachting
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