Vessels tax
If you own a vessel, you are required to pay vessels tax annually, and the tax amount depends on the length of the vessel in metres, whether it has a cabin or not and engine power
If you own a vessel, you are required to pay vessels tax annually, as follows:- For vessels without a cabin
| If the vessel length is in metres |
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| Engine power (kW) | ||||
| over | under | under 30 | between 30 and 100 | over 100 |
| 5 | 7 | 26,54 EUR | 53,09 EUR | |
| 7 | 10 | 13,27 EUR | 39,82 EUR | 66,36 EUR |
| 10 | 26,54 EUR | 59,73 EUR | 79,63 EUR | |
- For engine-driven vessels with a cabin
| If the vessel length is in metres |
|||||
| Engine power (kW) | |||||
| over | under | under 30 | between 30 and 100 | between 100 and 500 | over 500 |
| 5 | 7 | 26,54 EUR | 39,82 EUR | ||
| 7 | 10 | 26,54 EUR | 53,09 EUR | 66,36 EUR | 331,81 EUR |
| 10 | 12 | 39,82 EUR | 66,36 EUR | 132,72 EUR | 464,53 EUR |
| 12 | 53,09 EUR | 132,72 EUR | 398,17 EUR | 663,61 EUR | |
- For wind-driven vessels with a cabin
| If the vessel length is in metres |
|||||
| Engine power (kW) | |||||
| over | under | under 10 | between 10 and 25 | between 25 and 50 | over 50 |
| 5 | 7 | 39,82 EUR | 53,09 EUR | 66,36 EUR | |
| 7 | 10 | 26,54 EUR | 79,63 EUR | 132,72 EUR | 265,45 EUR |
| 10 | 12 | 39,82 EUR | 106,18 EUR | 265,45 EUR | 398,17 EUR |
| 12 | 53,09 EUR | 199,08 EUR | 398,17 EUR | 530,89 EUR | |
Tax exemption
You are not required to pay vessels tax if you fall in the category of local island population and own a vessel which is only used for necessary organisation of life and the maintenance of property on the islands.To find out more detailed information about the vessels tax:
- contact the Call Centre
- use the e-mail form Write to Us on the Tax Administration’s website
- Visit a local branch office of the Tax Administration in person.