proof of ownership
With each boat offered for sale we require proof of ownership as part of the registration process. We establish who has title, whether there are any charges against the craft and whether or not VAT has been paid. The JD Yachts team offers you guidance and advice, through all the necessary processes.
English law applies to all transactions. We employ a sale contract (for sale or purchase) that is recognised by the British Marine Federation, of which we are a member.
The Recreational Craft Directive 94/25/EC – European Economic Directive, states:
A boat does not need to comply with the RCD if:
- It is one of the exclusions - principally craft intended solely for racing plus other minor categories
- It was built in the EEA prior to 16th June 1998
- It was in use in the EEA prior to 16th June 1998
- It is only visiting the EEA for reasons of tourism or in transit
A boat needs to comply if it is not one of the above and if:
- It was first placed on the EEA market after 16th June 1998
- It was put into service in the EEA after 16th June 1998
- It is a home built boat placed on the market within five years of completion
- It is an experimental or racing boat being redesigned for compliance with the RCD
THE EEA INCLUDES ALL EU STATES, THEIR OVERSEAS TERRITORIES AND DEPENDENCIES AND ICELAND AND NORWAY.
We can assist with your VAT queries, however it is ultimately your responsibility to confirm any VAT liability. If you are a resident of the EU you should only use a boat in the Community if it is VAT paid. You must keep documentary evidence at all times in case you are asked by customs officials to prove the VAT status of your craft.
It is worthy of note that a registration document does not prove the VAT status.
There are certain vessels that are deemed ‘VAT paid’. These are private pleasure craft that were in use prior to 1st January 1985 and were in the EU on 31st December 1992.
Documentary evidence includes:
- Original invoice or receipt
- Evidence of VAT payment at importation
- Invoices for the construction of a ‘home built’ boat