VAT REFUND-REVERSED CHARGE (OPERATING COSTS)

VAT REFUND-REVERSED CHARGE (OPERATING COSTS)

Conditions precedent:

  • Yacht registered with authorization by the Flag-state to be chartered out ;

Normal business in the EU according the VAT- rules applicable to the hiring of means of transportation.

Sole requirement will be the strict follow-up of the filing against the relevant national VAT-authorities.