sail-world.com
 
 
News Home Cruising Photo Gallery Video Gallery
Sail-World.com : Croatia, sailing magnet now, but what after she joins the EU in July?
Croatia, sailing magnet now, but what after she joins the EU in July?


'web Croatia sailing aerial'    .

Croatia is a drawcard for cruising sailors from all over the world. They float around from other European ports, they arrive as circumnavigators with Croatia one of their 'must sees', or they fly from America and Australia to charter yachts around Croatia's charismatic and sailor-friendly coastline. But in a few days time she will become a member of the EU. That may mean a lot for Croatia, but what will it mean for the cruising sailor?


Croatia sailing -    
Here Ayuk Ntuiabane from the Isle of Man financial services firm Moore Stephens, writes of the ramifications that will affect all visiting leisure sailors.


Why is the country so popular with sailors? First is the country’s natural assets. With its long coastline, myriad coves, islands and exceptional water, Croatia has been a magnet for yachting in the periphery of the EU. Second, the island archipelago has made much of these natural assets, which it promotes vigorously to the yachting industry.

Third, lying just on the other side of Italy where EU VAT was never an issue, Croatia provided the nearest foreign shore for yachts to touch on that side of the Adriatic or the Med in order to evidence tax-free export from the EU or tax suspended temporary admission from outside the EU. Thus, despite being outside the EU’s fiscal fence, Croatia seemed to pick up the rebound benefits of EU yachting.

Fourth, Croatia’s own yachting taxation regime will remain largely intact, on top of the EU VAT regime it must adopt.

Fifth, Croatia introduced in November a new reduced VAT rate on yachts which, while turning heads, has created a bit of a stir that has landed the country in a tricky place.

But who goes there after July 1 has to learn to cope with a fairly peculiar administrative environment characterized by officialdom, special permits, lengthy procedures and numerous non-tax fees. There are arrival and departure reporting obligations and a ubiquitous vignette system that is charged per passenger or crew and for any change of same.


Sailing the Adriatic Coast of Croatia -  Sunsail  
There are fees associated with permits and renewed permits for foreign vessels to navigate in internal waters and fees to navigate in the territorial sea, safety-of-navigation fees, light dues, information chart fees and government administration fees. With relatively few mooring and related facilities, daily mooring rates can also be steep.

These aspects are not new, but the advent of traffic tracking systems -- thanks to the requirement for EU accession states to have radio-navigation systems and a Vessel Traffic Monitoring and Information System (VTMIS) -- will give Croatia the capacity now to enforce these fees and costs on even transiting yachts.

And it came as no surprise, too, that a tax reform in February 2012 included an increase in the general VAT rate from 23 percent to 25 percent.

Then amidst all this, Croatia slipped in a 5 percent VAT rate for importing pleasure yachts. Until May 31, any EU or non-EU vessels that were temporarily admitted into Croatia could file a customs declaration and pay customs duty and VAT. Customs duty would be payable at the rate of 1.7 percent or 2.7 percent on the customs value of the yacht, unless the yacht could prove that it was built in an EU, CEFTA, EFTA country or Turkey. VAT would be charged at 5 percent of the customs value inclusive of the customs duty rate.

At first glance, the interim offer to pay VAT at only 5 percent stretched credibility. However, in a context where the status of all goods in the country must be regularized in short order by the time they merge into the enlarged EU VAT system, it was not out of place.

Croatia’s Accession Treaty signed Dec. 9, 2011, includes stop-gap measures concerning goods in storage or in other national customs regimes. If these goods are deemed VAT paid by Croatia before her joining then they fall to be treated as being validly VAT paid throughout the EU after Croatia joins. There are precedents in the EU concerning vessels in similar situations.

Yachts sailing in front of the old city walls Dubrovnik Croatia - -  Maggie Joyce - Mariner Boating Holidays ©  


The real surprise though is that not so many pleasure yachts have winged it to Croatia to avail themselves of the opportunity. Is it unfortunate timing? Or is it the aforementioned reputation for petty officialdom?

Perhaps the likeliest explanation is the cold comfort poured over the measure by the European Commission. Commenting on the matter in its final Monitoring Report on March 26, the commission is admonishing at best: 'Croatia introduced in November 2012 a new reduced VAT rate on yachts (sport and pleasure boats), which is contrary to the EU acquis but which will be aligned by accession. This may encourage releasing boats for free circulation in Croatia before accession. Croatia should without delay reverse this situation.'

Croatia will, of course, 'reverse this situation' by the date it integrates itself fully into the EU machine – after all, that 5 percent VAT rate for pleasure yachts was always designed to be short-lived.


by Ayuk Ntuiabane/Sail-World Cruising

  

Click on the FB Like link to post this story to your FB wall

http://www.sail-world.com/index.cfm?nid=111200

3:50 AM Tue 25 Jun 2013GMT


Click here for printer friendly version
Click here to send us feedback or comments about this story.







News - USA and the World

2014 12 Metre North American Championships - Two days of a northerly (first strong, then light) and one day of a building southwesterly put six 12 Metre yachts to the test at their North American Championships, which were held off Newport, R.I. over September 26-28. Gunther Buerman’s (Newport, R.I.) KZ-3 and Dennis Williams’ (Hobe Sound, Fla.) Victory ’83 defended their titles ... [more]  

Photographer Eugenia Bakunova of leading Russian website www.mainsail.ru was on the water at Les Voiles de Saint Tropez on the French Riveria , and provided this gallery of images of the classics and other yachts racing ... [more]  

2014 ISAF Sailing World Cup - Melbourne - Don’t forget to enter the ISAF Sailing World Cup – Melbourne. There are only two days left to take advantage of the discounted entry price offer. ... [more]  

After Gmunden, Austria, in 2011 and Cala de' Medici, Italy, in 2012 and after a pained second place, same points with the Portogues 'Credite Egs' in Portosin, Spain, last year, the Italian crew coming from Puglia 'Euz II Monella Vagabonda', with Sandro Montefusco at the helm and his brother Paolo as a tactician, confirms for the third time the Platu 25 World Championship title. ... [more]  

Carlo Borlenghi was on deck for the first day of competition at Les Voiles de Saint-Tropez to capture these images. ... [more]  

Photographer Ingrid Abery was on site for day one of racing at the 2014 Les Voiles de Saint Tropez to capture these images. ... [more]  

The final day of the 2014 U.S. Team Racing Championship ended up being a half day of sailing due to a complete shutdown of the wind. However, the fleet completed enough races to count Gold Round Robin 3 and crown Ladies and Gentlemen as the back-to-back Team Racing Champions. ... [more]  

Michigan, the Great Lakes State, was a fitting location as The National Sailing Hall of Fame (NSHOF) gathered for the fourth time in the organization’s history to fulfill its mission to recognize Americans who have made outstanding contributions to the sport of sailing. ... [more]  

The International Sailing Federation (ISAF) has published guidelines for candidates bidding to host the 2016 ISAF Youth Match Racing World Championship. Bids to host the 2016 ISAF Youth Match Racing Worlds must be received by Friday 24 October 2014. ... [more]  

The onboard medic-sailors competing in the upcoming Volvo Ocean Race have completed their last medical training. More than a basic first aid refresher course, the mandatory medical training each Volvo Ocean Race team had to carry out in the last few months and days are key to survival while at sea. ... [more]  

Erik Simonson was on the water at 2014 Melges 20 Pacific Coast Championship to capture these images. ... [more]  

2014 J/105 North American Championship - Light air ruled the J/105 North American Championship hosted by Royal Canadian Yacht Club in Toronto, Ontario, Canada—and so did Rod Wilmer and Terry McLaughlin on Mandate. ... [more]  

The Extreme Sailing Series event in Istanbul seems to have only just finished, but already the containers are in the Ville de Nice set to gear up for this weeks penultimate regatta. Peter Burling and Blair Tuke are back onboard this week, fresh from their 49er World Championship win and looking to make it two wins from two events for Emirates Team New Zealand on the ?Extreme Sailing Series ... [more]  

2014 Buddy Melges Challenge - In Sunday’s final matches in the Buddy Melges Challenge, Stephanie Roble and Lotte Meldgaard Pedersen showed the crowds on the bluffs of Lake Michigan how top class match racing should be sailed. It took five absolutely thrilling matches for the Danish crew to secure their first WIM Series event victory since last summer’s Danish Open. ... [more]  

America's Cup: Oracle Team USA's AC72 takes to the streets by Richard Gladwell/Sail-World.com/nz
Oracle Team USA's winning AC72 takes to the streets of San Francisco, one year on from the Team's successful Defence of the America's Cup. This week the AC72 catamaran Oracle Team USA raced to victory is going to be a special guest at Oracle OpenWorld 2014 in San Francisco. ... [more]  

Matches between the world’s top two match racing skippers are always aggressive affairs on the Alpari World Match Racing Tour (AWMRT). In the pre-start of the first match, Canfield stuck two penalties on Williams, leaving the British boat playing catch-up. ... [more]  

Pantaenius, the world’s leading specialist yacht insurance company, has been at the forefront of yacht insurance for more than 40 years, earning a reputation for transparency and commitment to customer service that provides round-the-clock international support and reliable, speedy claims settlement. ... [more]  

What a great day for kiting at Kite Foil Gold Cup Australia 2014! 10-15 knot North Easterly and slight seas. Kites zooming around like supersonic mosquitoes but mosquitoes buzz whereas foiling kites are completely silent! ... [more]  

At the time that we are writing this, it is almost exactly a week since the first race took place at Wakatere Boating Club in New Zealand, followed by hundreds of races across the globe that we have been told attracted record numbers of sailors to your clubs ... [more]  

2014 U.S. Team Racing Championship - It was a picturesque day on Marblehead Harbor with plenty of sunshine for the second day of the U.S. Team Racing Championship. Once again, a lack of consistent breeze made for a challenging day for the Race Committee, umpires and competitors. Nevertheless, PRO Susie Schneider and her team were able to complete Round Robin One ... [more]  

2014 Buddy Melges Challenge - Saturday’s racing in the Buddy Melges Challenge on Lake Michigan, USA, saw more breeze than ever before during the week. Stephanie Roble used her local knowledge to show a clean sheet for the day, going in to Sunday’s conclusion with a one – zero lead over Lotte Meldgaard Pedersen in the final, sailed as a best of five match series. ... [more]  

2014 U.S. Adult Sailing Championship - A balanced field and limited racing usually leads to close races and a crowded leaderboard. This was the situation on Eagle Mountain Lake for the last day at the U.S. Adult Championship, hosted by Fort Worth Boat Club. ... [more]  

2014 J/105 North American Championship - Five races are now in the books, and just three points separate the top three teams at the J/105 North American Championship hosted by Royal Canadian Yacht Club in Toronto, Ontario, Canada. ... [more]  

Photographer Eugenia Bakunova of leading Russian website www.mainsail.ru was on the water at the 36th edition of the Régates Royales – Trophée Panerai, and provided this gallery of images of the classics racing off Cannes. ... [more]  

Régates Royales – Trophée Panerai: Cannes at its best by Eugenia Bakunova, www.mainsail.ru
The 36th edition of the Régates Royales – Trophée Panerai drew to a close on Saturday. Photographer Eugenia Bakunova was on the water at the 36th edition of the Régates Royales – Trophée Panerai, and provided this second gallery of images of the classics racing off Cannes. ... [more]  

David Gilmour was the only skipper to keep a clean sheet in today’s light-air action at the Dutch Match Cup in Lelystad. Team Gilmour swept aside their fellow Western Australians in a 3-0 Quarter Final against Keith Swinton and Team Alpari FX. The young Aussies then took the first match of their Semi-Final against the reigning ISAF World Champions, Taylor Canfield and US One. ... [more]  

Ian Williams and his GAC Pindar crew responded to a challenging qualifying session on Friday in Lelystad, to win a tense quarter-final against Phil Robertson (WAKA Racing), 3-2 and book a fifth consecutive semi-final in the Alpari World Match Racing Tour at the Dutch Match Cup. ... [more]  

The 44th Hobie 16 North American championships concluded on Friday with Jason Hess and Irene Abascal from Club Los Sauces, Guatemala taking the title. Mark and Grace Modderman from Long Branch, New Jersey followed in seond place and Pedro Colon and Monica Cabrera from Puerto Rico in third winning the tie break over Dan Borg and Liana Giovana from Canada. ... [more]  

The seven One Design VOR 65s were built by a consortium led by Green Marine in the UK. The first of those for the Team SCA women wad delivered in October 2013, the last was supplied to Team Vestas Wind in August 2014. ... [more]  

Over the last year we have interviewed Knut Frostad, the CEO of the Volvo Ocean Race four times, at times the stress has shown but yesterday just eleven days before the start of the 2014-2015 Race, he was like a different person, when we met with him again, at Volvo Ocean race headquarters portside in Alicante ... [more]  

NBC Sports Network, which was critically acclaimed for its 2013 coverage of the 34th America’s Cup, has signed on to provide full broadcast coverage in the U.S. of the 12th edition of the Volvo Ocean Race, the world’s premier offshore sailing race. Outside Television will also air complete TV programming – in addition to full digital coverage – of the nine-month long race from October 2014-June 20 ... [more]  

2014 J/24 World Championship - With just a few points between Will Welles Cougar (USA) and Mauricio Santa Cruz Bruschetta (BRA) there was no room for error in the final two races of the 2014 J/24 World Championship hosted by Sail Newport. ... [more]  

2014 Buddy Melges Challenge - Friday’s racing offered even less breeze than the previous days of the Buddy Melges Challenge. Lotte Meldgaard Pedersen won all her four matches of the day, to win the round-robin stage and secure her slot in the semi finals. ... [more]  

2014 U.S. Adult Sailing Championship - Day 3
2014 U.S. Team Racing Championship - Day 1 + Video
America's Cup: Then and now - Coutts on why Oracle won, and the Venue
Byte CII World Sailing Championship comes to Royal Varuna, Thailand
Dutch Match Cup: Canfield wins Qualifying, six set for Quarters battle
12 Metre North Americans - A blast from the America’s Cup past
2015 ISAF Sailing World Cup qualification system published
Volvo Ocean Race: Mapfre named as Spanish team sponsor + Video
Extreme Sailing Series returns to Nice for the penultimate Act of 2014
ISAF invites bids for 2016 Women's Match Racing World Championship
2014 ISAF Sailing World Cup, Melbourne - Teaming up
Mascalzone Latino Jr. named 2014 Melges 20 European Ranking Champion
2014 Buddy Melges Challenge - Le Berre keeps winning in Sheboygan
Hobie 16 Open North American Champ and Pan Am Games Qualifier - Day 4
2014 U.S. Adult Sailing Championship - Day 2
J/105 North Americans - Wilmer and McLaughlin master light conditions
J/24 World Championship - Will Welles hangs on going into last day
Open 2.4mR World Championship on the horizon
Bart's Bash - Top photographers gain special entry
Platu 25 Worlds - EUZ II Monella Vagabonda is still leading in France
St. Barth Cata Cup - Olympic duel on the island   
Dutch Match Cup - High winds and big wipeouts in Lelystad   
Route du Rhum - Yann Guichard to sail Spindrift 2 solo   
Mirabaud Yacht Racing Image - Best sailing photo of the year sought   
Volvo Ocean Race - Yann Riou, getting you up close and personal   
Marseille One Design concludes GC32 racing season + Video   
World Yacht Racing Forum - Seventh edition to take place in Barcelona   
Record number of entries for the Sailing Champions League   
Platu 25 World Championship - Euz II Monella Vagabonda still leading   
Rolex Middle Sea Race Record - A possibility for Esimit Europa 2   
Richmond Yacht Club's International 14 Nationals: Return of 14 footers   
Buddy Melges Challenge - Le Berre leading, undefeated, in Sheboygan   
2014 J/24 World Championship - Will Welles holds advantage   
Etchells Lobster Bowl Regatta - Rob Hitchcock overall winner   
US Wabbit Nationals at Richmond YC   
YCs of Long Beach Charity Regatta - Local area sailors turn out   
U.S. Team Racing Championship to serve as Qualifier for ISAF Worlds   
ISAF Sailing World Cup Final - Champions confirm Abu Dhabi attendance   
Dutch Match Cup - Top three keep perfect score   
Second Star Sailors League grand finale to take place in Nassau   


For this week's complete news stories select    Last 7 Days
   Search All News
For last month's complete news stories select    Last 30 Days
   Archive News







Sail-World.com  


















Switch Default Region to:

Social Media

Asia

Australia

Canada

Europe

New Zealand

United Kingdom


http://www.sail-world.com/event_images/image/Twitter_logo_small.png http://www.sail-world.com/event_images/image/FaceBook-icon.png  http://www.sail-world.com/event_images/image/RSS-Icon.png

United States

Cruising Northern

Cruising Southern

MarineBusiness World

PowerBoat World

FishingBoating World

 

Contact

Commercial

News

Search

Contact Us

Advertisers Information

Submit news/events

Search Stories/Text

Feedback

Advertisers Directory

Newsletter Archive

Photo Gallery

 

Banner Advertising Details

Newsletter Subscribe

Video Gallery

Policies

 

 

 

Privacy Policy

 

 


Cookie Policy

 

 



This site and its contents are © Copyright TetraMedia and/or the original author, photographer etc. All Rights Reserved.  Photographs are copyright by law.  If you wish to use or buy a photograph contact the photographer directly.
XLXL NEW US
LocalAds   DE  ES  FR  IT