BWA Yachting - Croatia have received confirmation on several important updates regarding charter in Croatia.
1. VAT on charter in Croatia is set at 13% for charters starting in Croatia.
2. Charter in Croatia can be performed by Croatian flagged yachts and EU flagged yachts.
3. Third country flagged yachts (non-EU with registered length over 40m) can ONLY perform charter if they obtain a charter license. This only applies to yachts over 40m registered length.
The process to issue a charter license will be lengthy, and most likely will take up to three months, with a limited number of licenses available every year. The license will be valid for 1 year.
Commercially registered yachts under 40m registered length will not be allowed to embark guests in Croatia under any circumstance. They will only have the possibility to disembark guests within Croatia. This applies for yachts under 40m that are non-Croatian and non EU flagged (3rd country flagged yachts).
All commercial yachts engaged in charter activity must have a certification of technical inspection done in the last 12 months; in the case that you do not have this, an inspection will be performed in Croatia by the CRS (Croatian Register of Shipping).
All yachts intending to perform charter in Croatia must appoint a fiscal representative and obtain a Croatian VAT number to the name of the yacht owning company.
For any questions please contact BWA Yachting – Croatia at [email protected]. Read full article here.