your guide to yacht chartering
VAT
Below is a guide to the tax rate applied in some of our key yachting destinations.
*Please note this information provided is intended for general informational purposes only and should not be considered as professional tax advice.
| COUNTRY | RATE | LICENSE REQUIRED | APPLIES IF |
|---|---|---|---|
| Albania | 0% | No | Charter starts in Albania |
| Australia | 10% | ||
| Bahamas | 4% + 10% | No | |
| Croatia | 13% | No | Charged on number of days in Croatian waters |
| Fiji | 5% | ||
| France & Monaco | 20% | No | Charter starts in France |
| French Polynesia | 5% | ||
| Greece | 12% (if > 48 hrs) | Yes | Charter starts in Greece |
| Italy | 22% | No | Charter starts in Italy |
| Malta | 0% | No | Charter starts in Malta |
| Montenegro | 0% | No | Charter starts in Montenegro |
| Spain | 21% | Yes | Charged on number of days in Croatian waters |
| St Barths | 0% | No | |
| Turkey | 0% for Foreign flagged vessels 18% for Turkish vessels |
No | Charter starts in Turkey |
| USA | State Tax applies | Yes |
