A vessel can enter EU waters under temporary admission if it respects the following conditions:
- Non-EU flag
- Non-EU owning company
- Non-EU resident ultimate beneficial owner (UBO)
In France, chartering is admitted under temporary admission whether the yacht is commercially, privately or “Yacht Engaged in Trade” registered.
However, there are two main limits to this possibility:
- EU resident charterers are not allowed
- The fact that not all EU countries allow yachts under temporary admission to charter (France and some other countries accept this situation)
YMCA can assist you with the filing of a verbal declaration document which will secure your date of entry in the European Union (EU). As you may know, the time-limit under temporary admission in the EU is 18 months in a row.
This document is also a great security if you sail into countries where the verbal declaration is mandatory.
With the verbal declaration document, you are automatically granted the temporary admission status everywhere in Europe.
We remain at disposal,
The YMCA Team
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