French rules on : Charters, Repairs, Commissions
Are you ready to master VAT rules in the yachting industry? VAT regulations in the yachting sector can be complex and ever-evolving, making it inevitable for yacht managers, charter brokers, and service providers to stay up-to-date. This training is designed to help you master the VAT rules and ensure full compliance with the latest practices, protecting both your business and your clients from costly errors.
2 half days
online sessions
820 €
- Gain industry-specific VAT knowledge: Understand how VAT applies to both commercial and pleasure vessels, and manage tax rules across borders.
- Ensure regulatory compliance: Stay ahead of the latest VAT regulations and safeguard your operations.
- Enhance your professional skills: Learn practical strategies from an experienced VAT consultant specializing in the yachting sector.
Learning objectives :
- Master the VAT rules and practices applicable to the yachting sector (French rules)
- Validate the conformity of the acquired knowledge and procedures
- Identify the evidence of VAT exemption applicable in the yachting sector
Audience & prerequisites
- Yachts managers
- Charter Brokers
- Corporate Service providers
- Accounting & Law firms
- Repair shipyards
- Service providers
Requirements
Requirements: A good working knowledge of operations and a knowledge of the vocabulary used in the sector.
Prices
(excluding taxes)
Dates
- March session : 3rd & 4th March 2025, from 2:30 PM to 6PM (CET)
- April session : afternooon of 7th & 8th April 2025, from 2:30 PM to 6PM (CET)
- November session : afternoon of 13th & 14th November 2025, from 2:30 PM to 6PM (CET)
Contact us to secure your place or for more information!
Course details
COMMERCIAL VESSEL VS. PLEASURE VESSEL
- Definition of commercial vessel
- 6 conditions to respect
- Points of attention for the owner and the yacht manager
- The situation of the yacht’s suppliers
- VAT-exempt purchases
- VAT status of the pleasure yacht
- The “VAT paid” vessel (VAT paid and not reclaimed)
- The “VAT accounted for” vessel (VAT deducted)
- The vessel under “TA18” (VAT not paid – Temporary Admission)
REPAIRS AND MAINTENANCE
- Commercial vessels
- Pleasure yachts
- Services covered by the general “BtoB” scheme
- The Inward Processing Relief (IPR) scheme
- Supplying parts or other equipment on board (bill to ≠ ship to)
- Shipyard / Supplier and Subcontractor relations
RENTING / CHARTERING
- VAT on charter
- Departure from France
- Departure from Spain, Croatia and Italy
- The transport contract
- The impact of VAT and Domestic Tax on Energy Products (TICPE)
COMMISSIONS
- Concept of a transparent intermediary
- Concept of Business Introducer
- Taxable commissions
- Exempt commissions
Methods used
speaker
Consultant-Trainer – Yachting VAT Specialist
Modalities
Microphone and camera are mandatory for all trainees and will be used during the training session.
educational & technical tools
- Numerous examples given by the trainer allow discussing the practical cases.
- Video projection.
Evaluation
- Multiple choice test at the end of the training session.
