It is the purpose of this guide to set out our understanding of the current conditions applicable to the charter of yachts in Italy.
We understand that the following conditions apply to yacht charters commencing in Italy:
Motor Yachts
Length | % of charter subject to VAT | Effective rate of VAT |
Over 24 metres in length | 30% | 6.6% |
Between 16.01 and 24 metres in length | 40% | 8.8% |
Between 12.01 and 16 metres in length | 50% | 11% |
Sailing Yachts
Length | % of charter subject to VAT | Effective rate of VAT |
Over 24 metres in length | 30% | 6.6% |
Between 20.01 and 24 metres in length | 40% | 8.8% |
Between 10.01 and 20 metres in length | 50% | 11% |
Oceanskies are working closely with a leading firm of fiscal agents in Italy who can handle all necessary fiscal formalities.
These services can be performed on a stand-alone basis for Italy only or as part of the Oceanskies fiscal registration service providing a one stop shop for the fiscal support of yacht charter activities in all of the principal Mediterranean yacht charter jurisdictions.
Our fiscal agency services can be provided on a stand-alone basis to all yacht owners or in conjunction with one of our turn-key commercial yacht charter ownership and registration packages.
For further information concerning fiscal registration for yacht charter and yacht charter purposes please click on the following link to the relevant section of this website: