Hi all, I'm also confused about what I should do with my new boat.
I'm a Dutch citizen and I have a business in Gibraltar
. I intend to buy a new EU boat and take her to the Caribbean
where she will go into charter
management for a few years. I don't want to pay VAT on the purchase
and I understand I can't bring the boat back to the EU without paying the tax.
Should I just flag her in Holland
, in my private name, and export her?
Should I flag her in Gibraltar
, in name of my company?
Or is an EU flag not a good idea if I am not paying VAT?
In this case is a BVI company and flag a good option?
Does the fact that she will chartered affect the choice?
Does the fact that in 2 years time I will no longer charter
her and live aboard affect the choice?
Complicated! Any advice would be very much appreciated.