Do you want to be flexible when it comes to choosing the vessel and its features, flexible in planning your holiday and the duration of our contract, while at the same time achieving maximum return on your investment? The ownership model of our charter management program meets all these criteria.
The Yachting World Charter Management Program encompasses a full range of services through which we take care of your vessel and charter guests, ensuring that your yacht reaches its full potential in generating charter income while maintaining its value as much as possible over the years. This program is designed to provide you with the easiest path to ownership of a new vessel by financing the purchase, maintenance, and operating costs of the yacht through charter revenue. Some charter management program models also allow for profit generation, turning yacht ownership into a true investment.
If you choose the ownership model of our charter management program, you own the vessel from the very beginning and have full control.
In this case, you would purchase the vessel in the name of your company and actively participate in its operations. If you do not have a company within the EU, we offer the option to establish a company in Croatia. If you wish to finance the purchase through leasing via a Croatian company, a 35% deposit is sufficient to acquire the vessel, while the remaining amount is covered by the leasing company. Charter income is expected to cover the lease payments, maintenance, insurance, and fees, while depending on the deposit, the chosen vessel model, and its specifications, you can anticipate additional revenue.
Ownership of the model allows you to choose any boat over 30 feet in length and any specifications, with the highest discounts on the boat price
Key Advantages
Excellent booking results with over 20 weeks per season (fleet average: 21 weeks per boat)
Financial security with rental income loss insurance
High maintenance standards ensure the best resale value of your vessel, regardless of its age
Special conditions for purchasing your vessel
Quality after-sales service with immediate handling of claims throughout the warranty period
Favorable financing terms through affiliated leasing companies
Transparent cash flow reports with constant insight into income and expenses
Easy resale or trade-in through our brokerage support
How charter income is shared
Charter income is shared in a 65%-35% ratio in your favor.
Financed with 65% of charter income:
Financed with 35% of charter income:
Annual mooring for the boat
Vessel insurance against risks (comprehensive), including rental income loss insurance
Vessel maintenance
Agency commission for sub-agents
Marketing and advertising of the vessel
Charter booking
Coordination, reception, and support for charter guests
Vessel Selection
As an authorized dealer of many brands, we can offer a wide range of new and pre-owned vessels under favorable conditions.
When choosing a boat, the final decision is yours, regardless of the model, number of cabins, or equipment you select. However, to make your purchase more accessible, we will recommend the most cost-effective models based on our professional experience. Moreover, by providing a detailed calculation of costs and revenues, we will present the profitability of individual vessel models to help you find the most suitable boat that meets your needs.
Owner’s Weekly
During the charter season (from April 1 to October 31), you are entitled to 10 weeks of ownership, with a maximum of 3 weeks in July and August and no more than 3 consecutive weeks. You can book your ownership weeks in advance. Keep in mind that the more weeks you use, the lower the expected income may be. You can also use additional owner weeks outside the charter season. We do not charge a commission for owner weeks, except for final cleaning and the mandatory tourist tax (€1.30/person/night). Another advantage of the charter management program is that your yacht is ready immediately upon your arrival, allowing you to set sail the same day.
Vessel Registration
The vessel must be registered under the Croatian flag or the flag of any other EU country in order to be chartered in Croatian waters. Registering the vessel in the name of a company within the EU will allow you to receive a full VAT refund.
If you decide to register your vessel in Croatia, we can handle the entire registration process on your behalf.
Company Registration and VAT
If you purchase a vessel in the name of a company, your company is entitled to claim a VAT refund, which will significantly affect the final price of the vessel. This means that you/your company will pay VAT according to our invoice and submit an official request for a VAT refund upon delivery of the vessel. If you wish to start a business in Croatia, the company registration process is very straightforward, and you can leave the entire process to us.
Income Tax
The corporate income tax rate in Croatia is 12%. However, the calculated depreciation of the vessel is considered an expense. The calculated depreciation can range from 10% to 20% per year (higher than the actual depreciation), which can reduce the company’s profit to zero, ultimately resulting in no personal income tax being paid.
