Etienne Boutin of Asia Pacific Superyachts Tahiti has announced that the charter tax in the fabulous French Polynesia yacht charter destination – Tahiti has just dropped to 5% of gross revenues.
“I would like to report that Tahiti charter tax has just dropped to 5% of gross revenues (previous rate was 12%)”, announced Etienne Boutin of Asia Pacific Superyachts Tahiti.
“We hope this change will help more guests decide on our islands as their next charter destination and enjoy the French Polynesia preserved marine environment and fun land based activities.
This drop of the charter tax, combined with the recent extension of yacht’s allowed ‘Duty Free Stay’ to 36 months, is also a great opportunity for yacht owners in the Asia Pacific region and further afield to base their yacht in Tahiti”, the agent explains.
Etienne notes French Polynesia charter regulation was first put in place in 1995 and simplified in 2004. One hundred large yachts have applied for a license since then. The license is granted to yachts over a certain size and quality (yacht value over USD 1M, Charter weekly tariff over USD 15,500 and minimum crew of three).
The agent explains: “We (APS Tahiti agency) will organize the charter license application and will also manage all the paperwork involved for a seamless experience, leaving the crew to the only important task on board: the guests’ satisfaction.”
Etienne Boutin worked over 20 years in the shipping and yachting industry before creating Tahiti Ocean in 1995 as the first agency exclusively dedicated to the service of luxury yachts visiting French Polynesia. He now heads up Asia Pacific Superyachts Tahiti.