TERMS & CONDITIONS
Charter rate Summer :
€ 50,000 per week July-August & Events – MYBA WMT Vat 6.3%
€ 46,000 per week Other Months – MYBA WMT Vat 6.3%
MYBA – WMT – Western Mediterranean Terms
Charter rate Caribbean :
High season € 50,000
Low season € 46,000
No Vat – SCT or CT
The Charter Fee includes the charter of the yacht with all its equipment in working order, tools, stores, cleaning material and basic consumable stores for engine room, deck and cabins. Crew ‘s wages, food, insurance of the yacht for marine risk and third party claims and the crew for employer’s liability insurance is also included. If the yacht is not on MYBA terms, crew food may be extra charge.
Extra: the Charterer will be charged extra for all other expenses like fuel for the yacht, tenders, ski-boats and other toys. Food, beers, wine, spirits and soft drinks for the Charteres. Other consumable stores, berthing dues and all other port charges away from the yacht’s own berth, including taxes, charges for water and/or electricity taken from the shore, pilotage fees, laundry, communications, hire costs of special equipment requested by the charterer.
SEMT (or EMT or GT) Standard Eastern Mediterranean Terms:
The Charter Fee includes the charter of the yacht in working order, crew’s wages, insurance for marine risk and third party claims and crew employer’s liablity insurance. The Charter Fee includes also fuel for up to 4/5 hours cruising per day, food for the crew, berthing dues and other harbour charges (except Corinthian Canal dues), water and/or electricity taken from the shore.
Please note: the arrangement about fuel charges might vary. At extra charge will be all the other expenses like fuel for the tenders and toys, food, beers, wines, spirits and soft drinks for the Charterers, berthing and harbour expenses outside the yacht’s normal cruising area, laundry, communications, hire costs of special equipment placed on board on Charterer request.
SCT or CT – Standard Caribbean Terms
The Charter Fee includes Charterer and crew food plus all expenses listed under MYBA – WMT and SEMT. Some yachts include wine and bar. Vintage wines and Champagne, communications, marina berthing, rendez-vous diving, etc. are extra charged.
The European Union Legislation requires to all yachts operating in the Union waters to collect Value Added Tax (IVA, TVA, VAT, etc. ) on all charters at rates which vary between 16% and 20% of the Charter Fee. Under UE Law this is payable by the Charterer. However for some yachts under Commercial Registry the tax may not be required. Please check with us for up-to-date information.