and regulatory intelligence
VAT compliances for commercial yachts operating in the EU can represent a huge regulatory hurdle. Add a foreign language, administrative compliances, a busy charter season and the difficulties seem insurmountable!
It’s all easier than it seems.
Alongside fiscal agency and fiscal representation services, SOS Yachting provides operational guidance for commercial yachts and fiscal expertise from key yachting hubs in Croatia, France and Monaco, Italy and Spain. Our knowledge of charter operations, EU and maritime regulations gives us a unique perspective. Our fleet of over 600 clients is proof of our commitment.
SOS Yachting is the top-ranking company in our sector. Since 2012 we have been working closely with our clients to provide customized services and answers in real time. Our know-how ensures you are always up to date with regulatory compliances and can rely on solid backing in case of inspection.
Let us take the headache out of bureaucracy and guide you through the process so you can deliver the perfect charter experience to your guests.
SOS Yachting will be in attendance to the 60th edition of FLIBS this year and we are looking forward to meet our American clients, stakeholders and friends.
SOS Yachting is proud Corporate Sponsor this year of the 12th edition of the Superyacht Finance Forum by Money Forum on the 24th of September at the Café de Paris.
The 5th Fiscal meeting will take place on the 24th of September at the prestigious Hotel Hermitage the evening before the start of the Monaco Yacht Show.
SOS Yachting will be in attendance at the Cannes Yachting Festival between the 10-15 September. If you are there and would like to meet us and talk about VAT representation and tax please contact our Operations Manager Camille Penquerch from our French office on +33 492 004 380 or email@example.com.
SOS Yachting Croatia
After introducing different VAT applications in Europe, in 2012 SOS Yachting was launched as a direct response to meet increased demands of the yachting industry to be in line with tax policies in different European countries.
The Commission this July 25, 2019 has decided as part of the “July Infringement package“ to take further steps on the infringement proceedings opened on November 8th, 2018 regarding certain Italian fiscal rules related to the Yachting sector.
EU flagged yachts can charter in Spain while non-EU flagged yachts can only charter in the Balearic Islands and, if Red Ensign Registries, also in Barcelona.
You must have a local charter license - Barcelona isn't the same as Balearics, for example.
Italy: Electronic invoicing not required for foreign subjects using VAT representative or Direct registration.