Monaco VAT Solution

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

Dominion Marine SARL (DMS), incorporated and registered in the Principality of Monaco 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
  • Approved by the Monaco Tax Authorities, 'Services Fiscaux', and French Customs

To compare the VAT payable across pleasure yacht ownership structures please download our VAT Comparison Guide below.

  • Everything runs like clockwork and the response time and professionalism is much appreciated. This is especially important for crew contracts and payroll handling

    Captain, 40m Motor Yacht
  • 30+ years Experience in the industry
  • £1bn+ Assets under management
  • There's so much we can help you with.
    Talk to us today