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Old 18-08-2007, 06:33   #1
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Location: Galapagos on the way to the Marquesas
Boat: malikalalu
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offshore registration

Hi, Anybody familiar with offshore registration procedures for sailboats purchased in France by non Europeans and the procedure to avoid paying the VAT?
tks
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Old 18-08-2007, 07:32   #2
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Quote:
Originally Posted by malikalalu
Hi, Anybody familiar with offshore registration procedures for sailboats purchased in France by non Europeans and the procedure to avoid paying the VAT?
tks
Offhsore Registration and VAT are 2 seperate issues.

Avoiding VAT depends on where the boat will be based, not on where the buyer is from nor where the boat is registered. As a Non Euro and if the boat is to be based outside the EU then a new boat will be easy enough, a s/h one will be more difficult - I recall vaguely that after 3 years the VAT is not recoverable, but it is possible to buy s/h in the EU with no VAT on the boat from businesses (usually charter companies), if the boat stayed in the EU VAT would be payable by you, but if going outside it will not be payable.

You could also buy in Europe and outside the EU (for VAT purposes) - like from Jersey - anything new could be bought from here, don't need a boat builder here.

Just to confuse the issue we also have S/h ones with VAT paid - and ones without - and also ones which did have VAT paid but now have lost their VAT paid status - despite documentary evidence to the contrary / the surprise of the vendor!

Where are you from and based, are you buying new or used and where will she be used and what flag do you want?
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