{"id":104438,"date":"2025-05-22T15:31:01","date_gmt":"2025-05-22T13:31:01","guid":{"rendered":"https:\/\/www.charteranddreams.com\/?p=104438"},"modified":"2025-05-22T16:38:44","modified_gmt":"2025-05-22T14:38:44","slug":"what-is-the-yet-scheme-and-why-it-matters-for-superyacht-charter-in-europe","status":"publish","type":"post","link":"https:\/\/www.charteranddreams.com\/en\/news-and-inspiration\/what-is-the-yet-scheme-and-why-it-matters-for-superyacht-charter-in-europe\/","title":{"rendered":"What Is the YET Scheme and Why It Matters for Superyacht Charter in Europe"},"content":{"rendered":"\t\t
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In the dynamic world of luxury yachting, regulations and tax frameworks can be complex \u2014 especially in European waters. One of the most important programs enabling private yacht owners to access the EU charter market is the Yacht Engaged in Trade (YET) Scheme<\/strong>.<\/p>

This framework allows certain non-EU flagged private yachts to legally charter in France and Monaco<\/strong> under strict conditions, offering flexibility for owners and opportunities for charterers \u2014 provided all requirements are met.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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What Is the YET Scheme?<\/h3>

The YET Scheme is a regulatory model created by the authorities in France and Monaco<\/strong> that allows private yachts flying a non-EU flag<\/strong> to switch temporarily to commercial use \u2014 such as chartering \u2014 without needing to convert to full commercial registration.<\/p>

It offers a dual-use solution, where a yacht can alternate between private and commercial operations, though never both at the same time.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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Key Requirements of the YET Scheme<\/h3>

To operate legally under the YET Scheme, a yacht must comply with the following:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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