Thanks to the agreements we signed with the financial institutions, Albatros Management is able to provide lease financing for your Yacht acquisition which enables you to lessen the VAT impact on your purchase. The rate can achieve 6% for a yacht over 24 meters.

Why leasing can benefit from a lower VAT rate ?

Some countries such as Italy, France and Malta have agreed to the treatment of yacht leasing, on condition that the supply of the leasing service is taxable according to the extent of use of the yacht within EU territorial waters, for yacht sailing outside the EU waters the leasing is not subject to VAT.

Due to the difficulty of assessing such time, a sliding scale has been implemented based on the length of the yacht with the assumption that the longer the Yacht is, the longer its time is spent outside the EEC waters.