VAT
payments or importation of yachts
On new EU vessels VAT can be paid on the manufacturer’s
invoice at source or at the yacht’s destination
if it is due to go to another EU country. If the yacht
is to arrive in Spain, VAT will be due at 16% of the
purchase price. Yacht owners will require a Spanish
identification number in order to pay this VAT. Please
contact us in advance if you would like us to acquire
one of these for you as the authorities can take up
to a month to process these, depending on the time
of year.
In
the case of older yachts or importations, every case
is different and you should contact us with details
of the vessel in question so that we can advise you
on what would be necessary in your case. Yachts of
less than 12 metres LOA which are imported through
Spain will be liable to pay import duty at 1.7% and
VAT will then be levied on the yacht’s value
plus the 1.7% charge.
