REREGISTRATION OF VESSELS

REREGISTRATION OF VESSELS

REREGISTRATION OF BOATS TO CROATIAN FLAG WITH ONLY 5% TAX ONLY IN THE PERIOD FROM 01/01/2013 FROM 31/05/2013

Renewal and Re-registration of Boats and Yachts to Croatian flag is FROM ONLY 5% TAX ONLY IN THE PERIOD 01/01/2013 FROM 31/05/2013, by amendments of the Value Added Tax Law, Croatian Government reduced VAT on recreational vessels in temporary import phase for the mentioned period from 25% to 5%.

In addition, by amendment to Regulation on Customs Tariff, the Government prescribed use of reduced customs rates of 2.7%, 1.7% or subsidized rate of 0.00% for the same period.

By transferring to Croatian flag there will be no vignettes, limitations in number of passengers or higher prices of moorings for you.

After 31/05/2013 import of vessels according to subsidized conditions will be no longer possible because as of that date VAT in the amount of 25% will be applied again.

Considering that Croatia accesses EU and that vessel owners who still have not paid the Tax will have to do so, it is understandable that there is a high probability that the interest for this unique opportunity will be huge.