Latest news
Advertisement

Drop in superyacht charter tax in Tahiti

Travel

A new announcement of a ‘Drop in Tahiti’s Charter Tax’ news is reported from French Polynesia by Etienne Boutin, heading up Asia Pacific Superyachts Tahiti.

“I would like to report that Tahiti charter tax has just dropped to 5% of gross revenues (previous rate was 12%)”, announced Etienne Boutin of Asia Pacific Superyachts Tahiti.

“We hope this change will help more guests decide on our islands as their next charter destination and enjoy the French Polynesia preserved marine environment and fun land based activities. This drop of the charter tax, combined with the recent extension of yacht’s allowed ‘Duty Free Stay’ to 36 months, is also a great opportunity for yacht owners in the Asia Pacific region and further afield to base their yacht in Tahiti”, the agent explains.

French Polynesia charter regulation was first put in place in 1995 and it was simplified in 2004. One hundred large yachts have applied for a license since then. The license is granted to yachts with a value exceeding 1 million USD, with a charter rate over USD 15,500 and minimum crew of three.

By Maarten Janssen

The SuperYacht Times iQ Report

SuperYacht Times - The State of Yachting 2020

Being the intelligence partner for the top shipyards and yacht brokers in the world, we have learned to analyse and track the market in great detail. Each year our leading market report is used by investors, CEOs, owners and other key decision makers to inform themselves on the state of the market and future developments. Find all the information you need on the market, fleet, construction book, ownership nationalities and much more in our report.


#weknow - do you want to know? Buy the report now for only €299!

Advertisement