TPA – INWARD PROCESSING

INWARD PROCESSING is an EU fiscal regime which permits vessels under temporary admission with non-EU owner, non-EU flag to do repairs and maintenance without PAYING 21% VAT.

When under inward processing a yacht can receive goods or spare parts from any EU/Non-EU countries to be incorporated on board without paying duties or VAT.

Lantimar Yachting and Lantimar Customs & Logistics, officially Authorized Economic Operators (AEO), are allowed to perform and manage refits in TPA regime in Spain. The two companies, working side by side and sharing know-how and experience at an international level, guarantee an efficient and smooth Inward Processing management.