Import under French Commercial Exemption allows import of commercial yachts VAT exempt into Europe. To be eligible the yacht must fulfil five conditions:

• LOA must be over 15 meters.
• Hold a commercial registration.
• Must have permanent crew.
• Must be used exclusively for commercial purposes.
• 70% of the navigation must take place outside the French waters.

The exemption is not permanent, and it must be assessed year by year. If conditions are not fulfilled in time VAT can be enforced on the yacht value.