MALTA YACHT LEASING GUIDELINES

Yacht VAT Leasing in Malta Malta offers  attractive savings on VAT on the purchase of a new or used boat. This scheme is recognised by the EU (since Malta is a full EU member state) and vessels will be ‘EU VAT PAID’ and free to navigate in EU waters without any restrictions. Malta’s shipping registry…

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IMMARBE GUIDELINES ON SPORTING/LEISURE ACTIVITIES ON YACHTS

  Responsibility – Owner(s), operator(s), manager(s) and master of each yacht should ensure that all such activities carried out onboard a yacht or utilizing the yacht as a base are conducted in a safe manner bearing in mind any certification requirements and are supervised at all times by suitably qualified personnel.  Furthermore, they should be in…

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Malta Short Term Yacht Chartering Guidelines

  On the 29th July 2013, the VAT Department published guidelines in relation to the Malta VAT treatment of short-term yacht charters starting in Malta, which guidelines are largely similar to the interpretation which is applicable to long-term yacht leases. What is a short-term charter agreement of a yacht? A short-term charter of a yacht is…

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YACHT REGISTRATION IN THE SEYCHELLES

  The Seychelles Maritime Safety Administration (SMSA) was created in 2004 and is the regulatory and supervisory authority within the Ministry of Home Affairs and Transport. The SMSA is responsible for ship and yacht registration in the Seychelles.   The Merchant Shipping Act 1992 governs the shipping industry in the Seychelles and ships and yachts…

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Registration of Yachts in Cyprus/ Registration of Small Vessels

All recreational vessels / pleasure boats should be registered either in the Register of Cyprus Ships (vessels permitted to sail in national and international waters) or in the Register of Small Vessels (vessels permitted to sail only in the territorial waters of the Republic of Cyprus). Recreational crafts are registered in the Register of Cyprus…

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Yacht Registration Centre, Y.R.C

15 Agiou Pavlou
Nicosia - 1105
Cyprus

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