Australia is the world’s largest island, with some of the most prestigious superyacht cruising grounds. However, Government regulations have made it extremely difficult for Foreign Yachts to do business here.
IT IS EASIER THAN IT SEEMS
For the first time ever, Foreign Flag Yachting has introduced a structure that fits within Australia’s current taxation framework and allows international yachts to charter in Australia without the need to pay the cumbersome importation tax.
Foreign Flag Yachting, supported by Pricewaterhouse Coopers, have obtained an approval from the Australian Tax Office to confirm the legality and all necessary compliance requirements are met.
In addition to the fiscal support for chartering in Australia, the FFY team of ex-superyacht crew are on hand to support visiting yachts with a complete shore-based support network.