Thierry Voisin
SOS Yachting
SOS Yachting is the top-ranking company in our sector. Since 2012 we have been working closely with our clients to provide customized services and answers in real time. Our know-how ensures you are always up to date with regulatory compliances and can rely on solid backing in case of inspection. SOS Yachting is always updated with the latest fiscal regulations thanks to the working relationships with yachting industry regulators.
We operate through 4 offices located in key chartering areas in the Med offering real time services and providing comprehensive operational guidance to ensure charter operations comply with local regulations.
Following the change in the “place of supply rules” European regulations provide that VAT must be paid in the country where a non-resident trader provides its services. As non-resident traders, both European and non-European yacht owning companies need to appoint a fiscal representative or fiscal agent to represent them in the European country where they do business. SOS Yachting is an independent, specialized service company offering fiscal agency and fiscal representation services to European and non-European yacht owning companies chartering in the European territorial waters.
Alongside fiscal agency and fiscal representation services, SOS Yachting provides operational guidance for commercial yachts and fiscal expertise from key yachting hubs in Croatia, France and Monaco, Italy and Spain. Our knowledge of charter operations, European and maritime regulations gives us a unique perspective.
In addition to case-by-case guidance on charter operations, SOS Yachting provides the following administrative services : completing application for VAT registration of the Owning company with the local tax office, providing fiscal representation/agency to owning company, ensuring the owning company is fully compliant with rules on invoicing and VAT treatment, issuing charter invoices and APA invoices (if needed), maintaining accounting records to meet local standard within the established timeframe, ensuring accounting records are readily available for inspection by the tax authorities, preparing and submitting all VAT and associated filings.