CUSTOMS

Works of art and collectibles on board yachts require specific legal and tax consideration due to their unique nature. These assets are often incorrectly treated as part of the yacht’s equipment, when in reality they constitute separate property subject to distinct customs and fiscal regulations.

As yachts navigate between EU ports, they frequently cross multiple customs borders, each potentially triggering controls under different jurisdictions. Without proper documentation and procedures, this may result in unexpected VAT or customs duty liabilities. In addition, certain artworks may be subject to cultural property regulations, limiting the EU’s general principle of free movement. In such cases, export authorisations from Cultural Heritage authorities may be required prior to movement.

Our firm advises on the correct classification of artworks in accordance with EU Regulation 2019/880 and supports the preparation of import documentation, as well as compliance protocols for inspections. This Regulation, aimed at preventing illicit trafficking and strengthening controls, has progressively introduced stricter requirements. Since December 2020, restrictions apply to unlawfully exported objects, and from June 2025, enhanced due diligence and border controls will extend to additional categories.

Ensuring proper compliance is essential for yacht owners and operators transporting art within or into the EU.