Process and Timeline

Pleasure Yacht under VAT Yacht Leasing Scheme

  • 1 Week

    Entity Formation
    Attainment of Entity Tax Number

  • 1 Week

    Registration of Vessel

  • 2 Weeks

    VAT Yacht Leasing Setup Approval

Commercial Vessel Under Tonnage Tax System

  • 1 Week

    Entity Formation
    Attainment of Entity Tax Number

  • 1 Week

    Registration of Vessel

  • 2 Weeks

    Registration of the Shipping Organisation and Tonnage Tax Ship