Do you know that when you buy a boat you have to do procedures in Captaincy and Finance and are subject to periods? Just like cars, boats also have to do the change of ownership when is acquired. So today we are going to tell some tips to keep in mind and what is the price has a change of ownership a boat. Although, the price of the change of name of the owner in a boat has several issues that are going to determine. Starting with the own price of the transaction, followed by the tax address of the new owner and the registration of the boat.
Price for a change in the ownership of a boat
You must know that there are two Administrations to which you have to pay fees and taxes associated with the sale of the boat: Tax Agency (autonomic) and General directorate of the Merchant Marine.
The tax to the Treasury
The price of change the ownership of a boat it is very conditioned by the first class that we mentioned. And is that the sale of a recreational vessel is subject to the liquidation of the property transfer tax. This tax, known as ITP, has a value that is calculated as a percentage and it depends of each autonomous community. So we have to Galicia, in which only pays 1% of the contract price, and in the other end we have to Andalusia and Valencian Community, where you can charge up to 8% of the value of the tax.
To calculate the transfer tax can be used two references. On the one hand the value of the sales made in the contract. But, if the boat is tabulated in the annual publication, which makes the Treasury with the average prices of the vehicles you can apply this price indicated by the tax Administration and to calculate the tax with the devaluation established by the standard. This is what we do every time we hit a ship to make the transfer of property, in which case we first check if you are tabulated by the Tax Agency, otherwise liquidamos price of the contract.
However, remember that if the seller is a company, not liquid ITP according to the contract, but the selling entity will have to make an invoice with the applicable tax (VAT, REBU...)
The rates of Captaincy
Once settled the property transfer tax you can start the change of ownership of the vessel in the maritime register. If well, first thing is to find the vessel registration. Keep in mind that the recreational boats registered in Spain have a distinctive bow that is initiated by 6th (whether they are commercial use) or 7th (if they are of particular use). In the event that the registration does not have this beginning, maybe it is registered in another country, such as Poland. And the procedure and the price of the change of ownership will be different.
Boats pay no fees in his paperwork to the maritime Administration. It is the ships that are registered. And that we identify in your registration, which does not contain letters, only numbers. Although, the boats that are enrolledyes , they have to pay fees at the time of to request the change of ownership. These rates are established by the Government and are updated each year. The rates Captaincy correspond to the entries in the Sheet seat, issuance of new Permit navigation or Exchange of the Certificate of airworthiness, among other documents; these being the most common.
By putting a example, suppose that a person domiciled in Malaga, Andalusia purchase a boat for 3000 €, which has a length of 6 meters. The price of the transfer of property, would be around € 240 (price is indicative and valid at the date of publication of this article.) However, each case of change of ownership is particular, because there are owners who want to change the name of the ship or area navigation or some aspect more. In these cases it is best to ask for a budget for what that is worth the change of name of the boat.
