Earlier in the year, Sarnia Yachts reported that the 2018 charter season had been difficult for Greece, due to the laws introduced in late 2017. This effectively limited the charter market to guests who were happy to start and finish their charter outside of Greek waters.
Reports have also shown that the additional cruising time required to reach Greece has impacted on the region’s popularity. However, towards the end of this year mechanics to obtain a Greek charter licence were put in place.
Steven Marquis, Senior Client Relationship Manager at Sarnia Yachts, explains the nuts and bolts of acquiring a Greek charter licence and the impact on VAT.
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