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Selling your boat successfully
The key to a successful boat sale is providing buyers with comprehensive and accurate information, making sure the boat is cleaned and serviced and in full working order. Also ensure that all technical information is available. A simple listing and registration processAfter filling in your boat details and registering, make sure you make a note of your username and password and keep them in a safe place. Whenever you return to boatmatch.com, you will easily be able to amend your existing boat. Contracts service from boatmatchBoatmatch.com uses the internationally recognised British Marine Federation and UK Royal Yachting Association recognised conditional or unconditional contracts for the sale or purchase of a second hand vessel. Proof of OwnershipIt is a requirement of Boatmatch.com that all sellers give clear proof that they own the boat(s) listed or that in the case of a third party sale they have the permission of the owner to sell the vessel. As part of the registration process, sellers will be asked to provide proof of ownership to Boatmatch.com. Until Boatmatch.com has this information, it will clearly indicate on the buyer's listing that the seller has not confirmed proof of ownership. Proof of ownership is a prerequisite to any sale and without this proof there will inevitably be delays in the sale process. Contract
Recreational Craft Directive 94/25/EC, European Economic Area A boat does not need to comply with the RCD if:
A boat does need to comply with the RCD if it is not one of the above and if:
The EEA includes all fifteen EU States, their overseas territories and dependencies and Iceland and Norway. Value Added tax - guidance notes - a summaryThe details below indicate the VAT rulings within the EC. While Boatmatch.com will assist on VAT matters it is the responsibility of the seller to confirm any VAT liability with their local VAT office. Value Added Tax - Private transactionsVAT is not due on the sale of second hand boats between private EC individuals; this is "outside the scope" of VAT, provided that there is: Evidence that VAT payment has been made within the EC (i.e. Certified Commercial Documentation - viz. - purchase invoice) or Evidence that the vessel
It should be noted that a craft that has been exported by a private individual from the EC, sold and re-imported into the EC by a different private individual will be liable to VAT on the value of the craft. Value Added Tax - Company owned boatsWhere a company owned boat, on which VAT has been reclaimed, is sold, VAT must be charged on the full value of the sale. |
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Boatmatch charges the lowest brokerage fees in the industry on the fairest terms. Buyers and sellers using boatmatch are able to agree the best deals because our brokerage fees are so low. Our experienced brokers will closely monitor sales, provide qualified advice to buyer and seller, manage contracts and see every transaction through to a successful conclusion.
English law applies to all transactions.
