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Thank you, thank you. This is most fascinating. It is amazing that something so serious as ownership of a vessel in international commerce could be so informal and non-bureaucratic. I really like it, especially this Part III registration, which sounds like it was invented just to p*** off Frog bureaucrats.
But this boat has Part I reg now. Hmmm. And U.S. registration is really easy and really conclusive (it IS a certificate of title), costs almost nil, and is good for life and never needs to be renewed. If it really doesn't affect VAT status, maybe I should give it another think. Do you suppose that VAT status and customs clearance would be the same thing? With EU VAT paid, I don't have to clear into customs every time I enter a new EU port? This is most confusing.
Thanks again for all your help.
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