CONTACT HOME       PRESENTATION         COMMITTEE       MEMBERS       BECOME A MEMBER       MEMBERS SECTION       ECHOS ECPY is an association representing many sectors of the yachting industry and which is trying to obtain  a cohesive  policy covering the luxury yachting industry throughout the  Mediterranean.   PRESENTATION OF ECPY Who are we? The European Committee for Professional Yachting was created in January 1993. This unique association counts over 65 corporate members from various areas of the yachting industry. ECPY has been defending the interests of yachting professionals for over a decade and has managed to have the economical weight of the industry recognised. Yacht and charter brokers, managers, architects, designers, service providers, yachting associations, insurance companies, shipyards…  What do we do?    ECPY has been working for over 19 years to create the necessary conditions to allow the development of the yachting industry and defend the interests of its professionals. Our main objective is to represent the Yachting Industry before the public administrations, the governments and the different instances of the EEC in all areas influencing our profession, with special attention to the following:  Tax Customs Technical regulations Actions taken and results achieved: 2006 - Exemption of mooring tax for commercial yachts Exemption of mooring tax paid by commercial yachts due in French harbours.   2005 – Extra moorings during conventions - Port of Cannes An increase in the number of moorings available during commercial events in Cannes (+30%) thanks to the opening of “Quai Croisière and “Gare Maritime Pantiero”.   2004/2005 – VAT Exemption for Commercial Yachts ECPY worked over 11 years to introduce the concept of commercial yachts at international level. Following years of negotiations with the administrations the Moratorium was brought to an end in France and replaced by the commercial status for yachts, legalising charter activity and obtaining zero rated VAT on works and supplies.   2002 - QH2002 Procedure – Port of Cannes The implementation of rules for the allocations of moorings in the Port of Cannes during events.  (QH2002).  Thanks to this measure, moorings are now allocated in a fairer manner.   1993 - The VAT Moratorium Following the opening of the European Market, ECPY introduced a new French tax and customs procedure. As a result of which charter activity with non EC vessels was possible. VAT was suspended for yachts built between 1982 and 1992 and non-EC yachts obtained zero rated VAT on works and supplies.                 Future Missions   Today, due to the constant progress of our industry, there is still a lot to be done. We are confronted to a lack of berths, new European tax laws and custom regulations, the non-existence of an official status for professionals (managers, brokers…), and we must pursue our actions in view of developing new ports, official texts and professional cards…   In order to do so, we need your support. ECPY’s income is solely generated by members' dues.   Thanks to you we will undertake these new challenges and pursue the battle for the defence of our common interests.

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