Tax Optimised Service – EU

A purpose-built charter agreement for commercially registered vessels operating in jurisdictions where maritime transport classification unlocks reduced or zero-rated VAT — the only contract in the suite with a Fiscal Representative as a named party from Page One. Tax and VAT Classification section on the front page: service classification, applicable VAT rate, VAT jurisdiction, and fuel excise duty exemption status — all visible before the first signature. VAT applied separately to the Charter Fee and the APA, with distinct rates where applicable. Fiscal Representative responsible for determining the applicable rate, issuing VAT invoices, filing returns, and maintaining the records — including the Captain's navigation log and GPS data — that support the tax treatment. Post-charter VAT adjustment provisions handling both underpayment and overpayment. Fuel excise duty exemption clause with bunker delivery note and customs declaration requirements, reflecting the real savings available to commercially registered vessels. Captain required to notify the Fiscal Representative of itinerary changes that may affect the tax classification. IMO number and commercial registration on Page One because the tax treatment depends on them. Cruising area clause with navigation log and GPS data obligations supporting the VAT position. Fourteen-day complaint retention on the Stakeholder-held balance with full escrow architecture. Complaints folded into Captain's Authority to keep the clause count tight. Flexible governing law and arbitration venue. Commission, KYC, sanctions, and data protection built in. Twenty-five clauses — everything a broker needs for a tax-efficient charter, nothing they don't.