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BREXIT: Rules for UK Registered Yachts in Greece

The Greek authorities have published guidance notes concerning the treatment of UK registered private yachts in Greece following the withdrawal of the United Kingdom from the European Union on the 31st December, 2020.

Prior to the issue of the guidance it was expected that all UK registered private yachts would have to apply for a limited term transit log whilst in Greek waters on the basis that they were holding a non-EU flag state registration. 

The new guidance notes clarifies the position and splits UK privately registered yachts into two categories for transit log purposes as follows:

1. Private yachts In Free Circulation (effectively yachts that are considered to be EU VAT Paid):

These yachts will be able to apply for an unlimited transit log provided that they can demonstrate proof of EU VAT payment and declare that any EU VAT payment has not been reclaimed or lost.

2. Private yachts not in Free Circulation (effectively yachts that admitted into the EU under Temporary Admission):

These yachts will be able to apply for a limited transit log of six months duration provided that the conditions for Temporary Admission can be met. These logs are usually valid for six months but can be extended up to the 18 months maximum Temporary Admission discharge period.

The charter of all non-EU registered yachts, which now includes UK registered charter yachts, remains heavily restricted and in most cases prohibited due to Greek cabotage rules.

The formalities to obtain an unlimited or limited transit log can be complicated and should be approached on a case-by-case basis. We have a partnership with a Greek customs agent who can handle all associated formalities. Please do not hesitate to contact us for further information.

Alternatively for clients wishing to change their flag from a UK to an EU flag we would be happy to provide free no obligation proposals for re-registration to either the Malta or Polish flags.

 

 

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04 December 2021 at 07:09

Today we have been in a bright and sunny Lagos in Portugal visiting this classic Malo 42 sailing yacht undergoing registration with Oceanskies. #yachtregistration #tonnagesurvey #yachtsurvey #yachtagents #yachtcrew #crewemployment #yacht #yachts #superyacht #superyachts pic.twitter.com/n6S38LytZb

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02 December 2021 at 08:25

Now well into Q4 we are delighted to see how many aircraft transactions continue to occur. This provides a great end to an already strong year for the biz sector. In November we were pleased to welcome this @PilatusAircraft Pilatus PC-12 to Guernsey for sale and onward UK import pic.twitter.com/h2DsSXnEzh

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30 November 2021 at 21:01

Today we have been in Portugal at the Marina de Cascais visiting this superb @Azimut_Yachts Azimut 80 Please do not hesitate to contact us for a free no obligation proposal for the registration and/or survey of your vessel and/or for our crew employment services #Oceanskies pic.twitter.com/zPQWy1WEJJ

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29 November 2021 at 16:47

Today we have been in the marina of Kerneval near to Lorient in France visiting this awesome Marsaudon Composites ORC50 sailing catamaran undergoing British flag registration #yachtregistration #tonnagesurvey #yachtsurvey #yachtcrew #crewemployment #catamaran #multihull pic.twitter.com/QOd9qjsIJ5

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27 November 2021 at 18:59

Today we have been in a bright and sunny Valencia visiting this awesome Bali 5.4 sailing catamaran undergoing registration with Oceanskies Please do not hesitate to contact us for a free no obligation proposal for the registration and/or survey of your yacht #yachtregistration pic.twitter.com/6K3HjEo37p

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23 November 2021 at 08:38

Last week was busy for Oceanskies Survey with an out-of-water inspection of a Vancouver 36 built by at @BoatworksGSY followed by the pre-purchase condition survey of an ACM Excellence 38 at Marine & General Please do not hesitate to contact us for a survey quote #yachtsurvey pic.twitter.com/6goFLpMtGL