{"id":1094,"date":"1999-11-30T00:00:00","date_gmt":"1999-11-30T05:00:00","guid":{"rendered":"https:\/\/setsail.com\/?p=1094"},"modified":"2015-10-16T12:15:51","modified_gmt":"2015-10-16T17:15:51","slug":"registration-and-vat","status":"publish","type":"post","link":"https:\/\/setsail.com\/registration-and-vat\/","title":{"rendered":"Registration and VAT"},"content":{"rendered":"
Hi. We are Dutch inhabitants, living in the Netherlands. We are building a 53ft sailingyacht by a Dutch yachtbuilder. Our purpose is to go living onboard and sailing all over the world. <\/p>\n
1: Is it possible to registrate this yacht in the Channel Islands or elsewhere in the world.
2: Is it legal that the Dutch yachtbuilder can sell to us -or to our company- this yacht without paying VAT in the Netherlands or elsewhere in the EC. ( an VAT-0 option)
3: Is it necessary to start a company out there and how do we do this
4: Do you have experience with people who make arrangements for this
5: What is necessary to do so
6: What are the costs <\/p>\n
Jaap en Renee from the Netherlands <\/p>\n<\/div>\n
<\/p>\n
Hi Jaap: You will find a discussion of “flags of convenience” in Offshore Cruising Encyclopedia. As to your specific questions, Holland, VAT, etc. it is probably best to check with a tax advisor familiar with your regulations. There are many companies that handle arrangements for flags of convenience. Often you are required to have a corporation, but some jurisdictions now allow individuals to hold title to the boat–I think this is the case now in the Virgin Islands. Regards–Steve Dashew <\/p>\n
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