Leasing Yachts and boats | VAT lowering and special rate

Leasing is an important factor in the nautical market as a whole. It is a known fact that purchasing a new boat by Leasing, whether in Italy or other countries in the European Community offers sizable advantages, including economic ones. One of these is lowering VAT from the standard 20% to the special rate of 6%, with a series of percentage discounts depending on the type and length of the boat (see the table below).
Leasing is not an advantage when it comes to used boats, because if VAT is not applicable (and it rarely is), the rate should be increased by the tax, in turn increasing the cost of the operation. When, however, the used boat being sold is already part of a leasing contract, the most convenient option is certainly to take over the existing contract rather than paying outright. In many cases, the contract may be renegotiated to find the most suitable financial plan for the new ship owner. ECYB has a specialist division, a registered professional credit and financial advisor department, which studies and proposes solutions and adaptation for each deal negotiated.
This means it can provide precise recommendations, within the scope of the profession of Maritime Brokers (the professional services are not invoiced separately), avoiding errors and making use of all the possibilities and options in terms of taking over a contract, obtaining financing for a used boat, refitting or renting a berth.