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What is the VAT on a Turkey yacht charter?
Daniel AsmusYacht charter broker, DMA Yachting
20% of the charter fee. Turkish VAT applies to the charter and is added on top of the base rate, due with the final payment. It is a real line to plan for, so a gulet listed at EUR 40,000 carries EUR 8,000 of VAT.
Turkey’s saving grace is how much the base rate already includes. On a typical gulet, crew, fuel and mooring within Turkish waters are often built into the rate, with food and drinks via a board package, so the VAT sits on a fee that already covers most of the trip, unlike a bare Med motor-yacht rate that then stacks APA and fuel on top.
We show the 20% and everything else in the first quote, so the number you approve is the number you pay. See why prices exclude VAT and APA.
Legend Yacht
NAIA
SHERAKHAN
ATLAS
QUANTUM OF SOLACE
‘RIO’
MARQUISE
LOON
SERENITY
O’Pari 3
VENTUM MARIS
SUERTE
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