Yachts imported in the European Union for commercial purposes need to undergo relative VAT and customs procedures to subsequently be imported in the European Union with the release of the relative import documentation and thus bringing the yacht into free circulation.
Owners choosing Malta to import the yacht will need to call at a port in Malta to undergo the relative VAT and customs procedures applicable.
Source: csbgroup.com
Latest Posts in "Malta"
- Malta’s Phased B2B E-Invoicing Strategy Ahead of EU ViDA Mandate
- Malta Accelerates E-Invoicing and Real-Time VAT Reporting to Tackle High VAT Gap
- Malta’s VAT Gap Hits 24.2%, More Than Double EU Average, Prompting Digital Tax Reforms
- EU Issues Formal Notices to Belgium, France, Malta Over VAT IT System Compliance
- EU Opens Infringement Procedures Against Belgium, France, Malta Over Small Enterprise Scheme














