Yacht suppliers in Montenegro
There is an ongoing dilemma in Yachting Industry whether it is always necessary to use Yacht Agency Services or not? Having a local guy by your side who will do the paperwork or manage the delivery of supplies can always save time for Yacht’s Captain and crew, but is the additional expense worth of it? Some Yacht Owners and Captains tend to look at Yacht Agents as an unnecessary expense, a middleman that they could do well without, so they avoid to use the services of Yacht Agents in all the places where they are not compulsory.
If your Yacht is coming for the first time in some country or port with the Captain and crew that are not familiar with local regulations it would be normal that you use the services of the local Yacht Agency. But, whether we are talking about using the services of Yacht Agent in Montenegro or anywhere else, an experienced Captain, who had spent some years navigating in the area and knows his way around can do most of the things by himself. From that point of view, it seems logical : cut the middleman and you are cutting the cost of his fees. But things usually don’t work that way.
First of all, although your Captain can be familiar with Montenegrin Ports, their procedures and regulations it is quite difficult for one man to keep himself updated all the time with procedures that can change more or less frequently. You could always get some benefits from using service of professional Yacht Agency in Montenegrowith well informed and updated personnel, aware of all the little details needed to help you to avoid unnecessary penalties and to insure that everything runs fast and smooth.
We mentioned the time, didn’t we? Sometimes you will have enough time to do it without an agent, but if the schedule is tight, you should use Yacht Agency Services in Montenegro to insure that everything will be done on time. So if your Yacht Agent in Montenegro is saving your time and the time is money, as we all know, then he is justifying his fees.
Regarding Yacht’s supplies and provisions, Yacht refueling in Montenegro or booking third parties services such as Hotel reservation or transport, a local knowledge is quite often necessary to obtain goods or services of better quality by more convenient prices. A good agent will know several solutions for your needs, and will protect your interest by helping you to choose the best one available. So in many cases, at the end it will be cheaper for you even with adding agent’s fees.
Another thing in which a good agent can help you is by providing you with the right information and by giving right advices about the port and the surrounding area. Your Yacht Agent in Montenegro must be well informed not only about the Maritime regulations, but also about historical and natural sites, good, restaurants and beaches in the vicinity, cultural or musical happenings or sport activities which can satisfy the needs of your most demanding guests. That’s where the good local knowledge stands out the most.
One situation in which will everyone need the help of an agent is, of course, when something goes wrong. That’s where experience comes in hand and when you will need the help of experienced cool headed guy on shore, ready to act quickly and to provide you with best possible solutions for your problems. If your agent is providing you with right solutions in all situations from emergency engine repairs to last minute notifications or anything else, then you know that you had made a good choice.
When navigating in Montenegrin waters, especially if you are coming for the first time there are some useful information about regulations for coastal navigation, contacts of rescue coordination centers and similar information that everyone navigating in Montenegrin waters should know. That kind of information you can find in this post on our blog. Inform yourself on time. Our Yacht Agency as Yacht Agent in Montenegro and Yacht Suppliers in Montenegro does not tend to charge simply for the information, but only for the work in which our personnel are engaged. So if you have any questions about Montenegro, feel free to contact us.
So to make the summary, yes, we think that in most of the cases you should use the services of Yacht Agent in Montenegro, or anywhere else, but not the services of any agent, just the good and reliable one who will be speeding up the work and provide services that will meet the industry standards at reasonable prices. The good agent will always think for your best interest, provide you with the right quality of the service and support, supply you with all the information needed and find the solutions which will suit you the most. That kind of agent doesn’t represent only the additional expense, but also adds substantial value to your services. The Yacht Agent job is like any other job in the world, when everything goes normal, anyone can do it, but when out of the box solutions are needed that’s where the class can be shown.
In recent years we saw continuous rise of interest of private yacht owners and yacht chartering companies for Montenegro.
Rise of interst started back in 2009 with opening of Luxury Porto Montenegro Marina in Tivat in Bay of Boka, which in later years expanded from initial 85 berth to current 450 berth for yachts up to 250 meters long. Aimed at high-end users Porto Montengro Marina offers not only the full service for yachts, from security, yacht supplies, local maintenance and repair facilities, but also luxury accomodation rental, five star Regent Hotel, clubs, restorants.Porto Montenegro offers various berth options from daily berthing to up to 30 years berth lease. For the periods that you are not using berth that you have leased, you can sub-rent it through berth rental pool which offers 85% income share for lease owners.
Our Yacht Agency in Montenegro offers assistance for yachts visiting Montenegrin Coast including Porto Montengro Marina. We are at your disposal to ensure that everything, from berth booking to arrival or departure formalities with Port, Custom and Police Authorities or any other services that you require, goes smooth and swift, with no unnecessary problems or delays.
As Yacht suppliers in Montenegro we can provide you with VAT free fuel in Porto Montenegro, irrespective of Yachts purpose or size. Porto Montengro has dedicated Fuel dock which can accept Yachts up to 250 meters long with up to 15 meters draft, and Montenegrin law allows that both private and commercial yachts can refuel tax free fuel with restriction that yacht must leave Montenegro immediately upon bunkering completion. Tax free diesel prices are up to 45% lower than standard retail marine diesel prices in Montenegro, and that price of fuel is already at least 10% lower than in neighbouring South European Countries. So, you have opportunity to refill your yacht with cheapest fuel in Adriatic Region. If any more information needed, contact us. We are able to supply you with Tax and Duty free fuel also in Marina Bar and Port of Bar, and retail price fuel in Port of Kotor, Marina Kotor and Dukley Marina Budva. Marina Bar fuel dock is suitable for yachts up to 30 meters, but Port of Bar fuel dock can accept much larger Mega Yachts. Biggest Yacht that bunkered in Port of Bar up to now was 163 meters long M/Y Eclipse.
But soon Porto Montenegro will not be only Megayacht Marina and Luxury resort in Montenegro. For 2017 it is announced opening of Portonovi, on the other side of Boka Bay in Kumbor, planned to have 250 berth Marina for Yachts up to 80 meters long, 5 plus star One&Only Hotel, luxury vilas and apartments.
Goverment of Montenegro has also tried to provide the room for developing of Yachting industry in Montenegro by adopting some favorable laws in recent years aimed to attract more privately owned and commercial yachts to visit Montenegrin Ports and Marinas.
Comparing to neighbouring EU states, Montenegro offers great benefits for both prvately owned or commercial yachts. Besides abovementioned VAT and Free fuel availability for both private and chartered yacht irrespecitve of size, there is also 0% VAT for private yachts sailing in Montenegrin Waters and for commericial yachts commencing in Montenegro there is also 0% Vat on Charterers fees and APA ( Advance Provisioning Allowance, expenses of yacht not included in charterers feee ). Montenegrin laws also do not have any restrictions regarding pick up and drop off of the passengers and no restriction on time for foreign vessel to remain in Montenegrin waters. No limitation on time for foreign yacht to remain in Montenegro and relaxed visa regime that we described in our previous post, which allows for crew from most nationalities to stay up to 90 days on board while yacht is in Montenegrin waters makes Montenegro most suitable country for Yachts winter stay.
Recently, Goverment of Croatia made some changes on VAT calculations for chartered vessels. From the 1st of May 2017 onwards 13% of VAT will be applied on all charters fees if a charter started in Croatia and also in the case when charter starts in some Non-EU country such as Montenegro, 13% VAT will be charged on charters fees for the period of stay in Croatian Territorial Waters. In the case when charter contract was signed and the fees were paid before 30th of april 2017 13% VAT will not be applied. Also, from the 1st of May previous restrictions on commercial yachts with less than 40 meters in lenght are lifted and now all the commercial yachts can obtain charter licenses irrespective of their size. However, if the demand for charter licenses is too high, Croatian Goverment retains the right to suspend the issuance of charter licenses on period of up to three months.
You can contact our Yacht Agent in Montenegro to assist you with transportation of your passengers or crew in any of Montenegrin Marinas and Ports or to provide accomodation or organize excursions for them.
If yachts charter commence in Montenegro and continues in other EU countries VAT will be applied for period of stay in those Eu countries.
Favorable legislation combined with luxurious resorts, great historical sites and beautiful nature are making Montenegro one of the most atractive destination for yacht owners and yacht charterers in Mediterranean.