​We use cookies to provide the services and features offered on our site and to improve the experience of our users Cookies are data that are downloaded or stored on your computer or any other device.

By clicking on "I accept" you agree to the use of cookies. You can always disable them later. If you delete or disable our cookies, you may encounter interruptions or problems accessing the site. "

"We use cookies to help us better understand how the site is used and by continuing to use this site you agree to this policy."


Home / Solutions / Detail Services
VAT exempt importation and operations under the French Commercial Exemption (FCE)
Non-EU flagged commercial vessels must be imported in order to be able to operate commercially in the EU. Normally, VAT is charged on the importation at the full rate unless the yacht can benefit from a VAT exemption scheme.

The French Commercial Exemption (FCE) has historically been the most widespread scheme for commercial yachts entering the EU although it has been subjected to conditions over recent years. The benefits are:
  1. No VAT “on the hull” on importation
  2. No VAT on the purchase of supplies and services for the yacht
  3. No VAT on the purchase of fuel (excise duty is charged in France and Monaco).
H&V Yachting can help you choose the most suitable importation scheme depending on your cruising plans and provide administrative support for operations (trip tracking and managing suppliers). Call us for more information.