Monaco VAT solution for yacht ownership

Many superyachts are operated as commercial charter yachts. However, the ever changing EU VAT rules and regulations make this challenging.

If you are reviewing the way you operate your superyacht and are looking for a way of bringing the pleasure back into superyacht ownership, then the Monaco VAT solution might be right for you.

It is provided by Dominion Marine SARL (DMS), incorporated and registered in Monaco and offers an alternative arrangement for qualifying superyachts that is robust and fully authorised.

It is an ideal option for superyachts purchased for private use, commercially registered superyachts wishing to go back to private use only, and superyachts currently under temporary admission looking to be imported into the EU.
Key features are:

  • Full EU fiscal compliance
  • Five year 'bare boat' rental
  • VAT paid on rental amounts
  • Extremely flexible with an easy exit
  • At exit all VAT and ownership arrangements remain open
  • Most cost-effective solution in Europe for qualifying private superyachts
  • Approved by the Monaco Tax Authorities, 'Services Fiscaux', and French Customs

DMS has developed a calculator app to work out the comparative VAT rates between Malta and Monaco.

Google Play   Apple app store

Dominion Marine Corporate Services