Yacht owners looking to relocate their boat to the UAE can now benefit from new customs rules on UAE imports, which recently came into effect. The changes have made the regulatory landscape in the UAE for foreign-flagged yachts much less complicated, and imported yachts staying for no longer than six months in the UAE may be entitled to a rebate on the 5% customs duty and VAT deposit.
With the Middle East now an even more attractive location to sail, Peters & May’s yacht transport from Northern Europe and the Mediterranean is ready to assist boat owners, offering a full end-to-end professional service. With a large availability of spaces for yachts departing from the Mediterranean and Eastern Mediterranean, the upcoming sailing with the MV Rudolf will start from Southampton in early May, stopping at Palma, Nice, Malta, Split, Fethiye and Sharjah.
For anyone interested in the May departure and considering relocating their yacht to the UAE, Peters & May can discuss any shipping requirements as well as the possibility of benefiting from the recent customs changes. The Peters & May Dubai office opened in 2017 and is one of the company’s 12 worldwide locations aiding in efficiently transporting yachts across the globe, meaning that their friendly team is on location to assist with all import procedures and make life simpler for yacht owners.
To speak to someone on the team, call +971 509 389497 or email email@example.com.