YACHTING NEWS


A continuous increasing demand curve characterizes the Greek Yacht Charter Market . With more than thousands of islands, and an endless of coastline and taking under consideration that just 62 yachts are above 35m who are currently home porting in Greece all this make it definitely a great opportunity for those who will choose Greek yacht charter license and why not homeporting in Greece

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Clearance of yachts at Cyprus anchorage can be done now easily without Quarantine or loss of time .

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Greek Government took effect of a New Law which gives freedom of sail to EU Flag private yachts by Canceling the DEKPA and the compulsory appearance at the port authority . The obligation to appear at the Port Authority , Customs and Immigration is when arriving or departing outside of Greece .

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According to the instructions of the Ministry of Finance and the new support economic measures the following changes are noted in terms of VAT for Commercial Yachts and Tourist Ships in Greece till 30/10/2020 .

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The Recreational and Daily Tour Cruise Ships Fee (TEPAI) is imposed on all private and professional leisure ships and professional tourist day ships, of a total length of over 7m, regardless of flag, in Greek territorial waters.

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The VAT Directive for yachts entering Greece has been postponed for 2021

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Greece welcomes the world Greece is ready once again to welcome the world

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List of airports located in affected areas with high risk of transmission of the CoViD-19 infection .This Annex is developed in coordination with EASA Member States and based on the information from WHO, ECDC and other reputable public health institutes.

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On May 30/5/2020 a New Directive has been entered in force and Postpones the application of Directive A.1018/2020 . According to this directive (Article 7 paragraph 5) all Commercial Yachts of Foreign Flag which have no Greek Charter License were obliged to pay VAT 24% on the part of the charter performed in Greece .

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New LAW 4676 voted and published on the Government Gazette on the 19/3/2020 introduces new cruising procedures in Greece for EU Flag pleasure yachts . The main is that DEKPA will be canceled and yachters will not need to issue one any more . We are waiting for the Applicable Directive for more information .

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Regulation about crew on board EU or NON EU Flag yachts while under charter legally in Greece .

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The Recreational and Daily Tour Cruise Ships Fee (TEPAI) is imposed on all private and professional leisure ships and professional tourist day ships, of a total length of over 7m, regardless of flag, in Greek territorial waters.

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1 min read