The purchase of a yacht in European Union waters inevitably involves consideration of VAT liabilities in the acquisition, use, purchase of the vessel and commodities, refit and repair, and upon sale to third parties.
Safehaven has been addressing these issues for many years.

With our in-house knowledge, and in conjunction with VAT specialists, we provide advice and facilities for the deferment or reduction of VAT on qualifying vessels.
As the legislation and interpretation of VAT liability has evolved considerably over the years, structures for deferring, reducing or ensuring exemption from VAT have been constantly monitored and revised where appropriate.

For further information on our services, for both intra and extra European arrangements, please contact Safehaven.