Page 4 of 4 FirstFirst 1234
Results 31 to 33 of 33

Thread: Grek entry fee

  1. #31
    Join Date
    Jan 2013
    Location
    Agios Nikolaos, Crete
    Posts
    6,135

    Default Re: Grek entry fee

    Quote Originally Posted by Fascadale View Post
    I'm still not clear as to what constitutes a "Black Charter" Is it the use of a private , non Greek, and not coded, vessel for commercial purposes?
    Except for the non-Greek part, yes. Greek owned and Greek flagged boats will have problems chartering illegally too.
    Mostly harmless....

  2. #32
    Join Date
    Jun 2017
    Posts
    364

    Default Re: Grek entry fee

    Quote Originally Posted by Tony Cross View Post
    Except for the non-Greek part, yes. Greek owned and Greek flagged boats will have problems chartering illegally too.
    +I suspect an EU flagged, coded vessel shouldn't have issues getting a charter license.

  3. #33
    Join Date
    Apr 2015
    Location
    Athens, Greece
    Posts
    30

    Default Re: Grek entry fee

    Any money changing hands between guests and owner would be a commercial activity. The current law even prohibits advertising a yacht in greece for charter without a greek charter license. Even with just the advertisement the coastguard can seize the yacht and a massive fine would need to be paid to release the yacht.

    In order for a non Greek flag yacht to charter, the yacht would not only have the foreign flag charter license but also the Greek flag inspection too (issuance of safety certificate for foreign flag yacht by one of the classification societies approved for greek flag yachts). To pass the Greek flag inspection the yacht must also be provided with fire and safety equipment the same as a Greek flag yacht. The owner of the foreign flag yacht as individual or company would have to basically set up a branch office in greece in order to pay the vat on the charters to greece. the owner may also have to register and pay social security. finally the yacht must be registered on the greek online database of charter yachts.

    There are many yachts that achieved all that. With current regulations not only must the charter activity be serious with enough revenue to cover the costs for all the above and make a profit. But it is also worth considering to open a greek charter company NEPA and flag Greek unless there is a major reason to remain foreign flag.

Page 4 of 4 FirstFirst 1234

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Latest YBW News

Find Boats For Sale

to
to