VAT & Yacht Leasing in Malta
Malta VAT is only payable on a portion of lease payments made to a Maltese leasing company owning a yacht. This portion depends on the length and type of yacht. Any yacht exceeding 24 metres in length will derive the highest benefits as only 30% of the lease payments are subject to Malta VAT.
The VAT Department issues a certificate that VAT is being accounted for by the Malta leasing company soon after the first payment... Read More