As you may remember, there is a 25% duty ad valorem applicable to yachts built in the United-States since June 2018.
It is expected that these duties will be removed from January 1st, 2022.
However, we would like to point out one very important consideration for yachts imported in the EU prior to June 22nd, 2018: if they are still owned by the same owning company to this day, they will need to carry out at least one charter under commercial registration prior to the end of this year (2021). It is a crucial condition to benefit from the commercial exemption next year.
On another subject, yachts who were imported after June 22nd, 2018 (who slipped through the cracks) under the commercial exemption will not benefit from the French commercial exemption in 2022 if they are still under the same ownership as they would be liable for the additional duty which operative event took place upon the latter importation.
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