Importation
The customs procedure under which a yacht enters EU customs territory and Union customs status is granted, typically with VAT and any duty paid at the point of entry.
Importation is the customs act by which a non-EU yacht obtains Union goods status. It involves payment of VAT on the customs value of the yacht, plus any applicable duty. Once imported, the yacht can move freely within the EU customs territory without further customs formalities, subject to retention of VAT-paid status. The importing entity must be EU-established for standard importation; non-EU buyers route through an EU representative or via Spanish IPR or French Commercial Exemption to defer the VAT trigger.