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Tag Archives: South of France yacht charter

France Yacht Charter VAT Faq’s

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In July, we informed our readers about the new regulations imposing French VAT on yacht charters taking place in that country.

The new regulations will apply from 15 July 2013 to charter agreements for yachts for the purposes of leisure travel. 

photograph of marina with multiple white superyachts docked there . Marina is surrounded by hills and pastel-colored buildings

We sat down with Jana Sheeder, President and corporate Maven of SailAway Yacht Charter Consultants and 1-800 Yacht Charters, to review the answers to the three most frequently asked questions regarding the new rules.

Question #1:  What rate will apply to French charters after 15 July?

“The rate has been set at 19.6% and will increase to 20% on January 1, 2014.  However, the taxable base can be reduced by 50% if the yacht is used outside European Union territorial waters, which by definition extend out 12 nautical miles from the coastline. Thus, if you started a charter in Nice, France, and cruised out beyond the 12 nm limit, and concluded the trip the next day in Sardinia, the tax would drop to 9.8%.”

 

Question # 2.   Does it apply if the charter starts and ends outside France?

“No. The law reads VAT is applicable on the charter if the vessel is put, ‘…at the disposal of the charterer in French waters.'”

 

Question #3.  Will charterers need to be involved with VAT registration and compliance in France?

“Not at all.  It is the responsibility of the yacht owner to make the necessary arrangements to register his or her vessel with the French taxing authorities.  As to the collection and processing of the tax, most owners are hiring local French-based fiscal agents.”

“As charter consultants, our responsibility is to clearly explain the new regulations to our clients. Many are repeat charterers who cruised multiple times in France in the past. For some, it will be a shock to hear their next Western Mediterranean yacht charter vacation may be subject to a tax of nearly 20%.  We will work with them to modify their itineraries, in an effort to mitigate as much of the tax liability as possible.”

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Power Catamaran Yacht QUARANTA – Offers Big Volume, Stable Ride

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IN TEN SECONDS

Motoryacht Quaranta

34m award-winning power catamaran with as much interior space as a 40m monohull superyacht.

Accommodates 12 guests in 6 cabins.

Available South of France or Adriatic

€119,000/wk for up to 12 guests.

 

power catamaran QUARANTA profile

 


THE STORY

Our associate, Romina Rastelli of Hill Robinson Yacht Management, reached out to us via email.  She wanted to remind us keep power catamaran QUARANTA in mind when providing families with yachting options this summer in the Mediterranean:

 

“Dear Jim, 

We are pleased to inform you that Quaranta will be available this summer in the South of France and Adriatic!

QUARANTA is the first motor yacht of the Curvelle Shipyard in Turkey. She is a winner of multiple prestigious design awards; although a 34m, 111′ superyacht catamaran, QUARANTA has as much interior and exterior volume as other performance monohulls in the 40m – 42m range.

(Your clients) will appreciate the huge windows in every guest cabin and the flexibility of the stateroom layout configuration. All cabins can be rearranged and combined to a variety of different layouts to specifically cater to the client’s needs. Double cabins, twin cabins, triple cabins are all possible. In total, there are over 20 different layouts.

Her key features include:

  • Flexible layout with over 20 different possibilities that can be changed on a moment’s notice,
  • Flexible cruising speed from 10 to 18 knots,
  • Guest interior and exterior space that is comparable with monohull yachts over 40m,
  • Lifting platform that can be used by guests to have more contact with the water,
  • Huge windows in each cabin.

Captain Paul Fraser and his crew look forward to welcoming your clients on board!”

 

WHAT WE LIKE

Romina knows we like to offer our clients superyachts with special features and great value.  The number one request by our clients with large families  – “Is there enough space for everyone to feel comfortable?”  Yacht QUARANTA is the perfect alternative for these clients.  With a 9 meter beam and 4 decks, private luxury yacht charter guests can about 50% more guest accommodation space than a comparable 30 meter monohull.  The mid and upper decks are wide open, as is the large deck area on the Main Deck.  This yacht is built for socializing!

Our favorite onboard feature is the unique lowering platform that doubles as beach club deck.  This platform can lower guests straight from the main deck and into the water.  That’s so cool and unique!

 

power catamaran QUARANTA lowering deck that doubles as beach club

 

THE RATE:

For the summer 2017 cruising season, whether in the South of France, or an Adriatic yacht charter, the yacht is offered at €119,000/wk plus running expenses – for both high (July/August) and low (June/September) season

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For reserve QUARANTA or any other yacht for your favorite date this summer in the Med, contact us at 305-720-7245 or via our convenient 24 hour online inquiry form at https://www.1800yachtcharters.com/book-now-contact-us/

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