Inward Processing (TPA)

Understanding Inward Processing (TPA) with Lantimar Yachting

When it comes to yacht refitting and maintenance, understanding the intricacies of Inward Processing, or Tráfico de Perfeccionamiento Activo (TPA), can make a significant difference in operational efficiency and cost savings. Lantimar Yachting, a division of the Lantimar Group, offers an optimum TPA services across Spain, leveraging their extensive experience and comprehensive logistics capabilities.

What is Inward Processing (TPA)?

Inward Processing, commonly referred to as TPA, is a customs regime that allows non-EU flagged yachts with non-EU owners and under to perform repairs and maintenance within the EU without incurring the 21% VAT typically associated with such services. This exemption applies to both the services performed and any EU sourced goods or spare parts incorporated into the yacht during the refit process.

How Does TPA Work?

The TPA regime can be initiated only once the yacht is moored in the designated refit marina/shipyard and after the necessary authorization from Customs is obtained via the DUA opening form. It is crucial that no work commences, and no part removed from the yacht until this authorization is granted. Once approved, the TPA typically lasts for a period of 6 months, with the possibility of extending up to 18 months with prior notification to Customs.

Comprehensive Service by Lantimar Yachting

Lantimar Yachting benefits from its in-house Customs division, LANTIMAR LOGISTICS AND CUSTOMS, ensuring that all paperwork and formalities related to Inward Processing are handled internally. This integration results in exceptional operational efficiency, speed, and cost-effectiveness for yacht owners management and suppliers.

Authorized Locations for TPA

Lantimar Yachting can facilitate TPA services across various Spanish ports and shipyards authorized by Customs. These include, but are not limited to:

Other Locations

• Valencia
• Denia
• Malaga IGY Marina

Key Benefits of TPA with Lantimar Yachting

1. VAT Exemption: Significant cost savings by avoiding the 21% VAT on repairs and maintenance.
2. Operational Efficiency: Seamless integration with LANTIMAR LOGISTICS AND CUSTOMS for quick and effective processing.
3. Flexibility: Ability to manage TPA in all Spanish ports and shipyards within authorized customs areas.
4. Extended Service Locations: Availability of services in major marinas and shipyards across Spain.

Your Fiscal Representative

As an Authorized Economic Operator (AEO), Lantimar Yachting not only ensures compliance with all customs regulations but also offers a trusted fiscal representative service. This guarantees that all your TPA-related activities are managed efficiently and in full accordance with EU laws.

Misinformation

There is a common myth that the Active Perfection Regime (TPA) can only be used when a ship is in a shipyard. However, this is not correct. Ships undergoing refits and repairs can also take advantage of this regime while in a marina. Additionally, another misconception is that ships can only remain under the TPA regime in a single location. In reality, the TPA allows a ship to move between different locations, meaning the refit process can begin in a marina, then continue in a shipyard, or vice versa, offering flexibility in where and how the work is carried out.

Lantimar Yachting’s expertise in Inward Processing (TPA) offers yacht captain owners and managements a significant advantage, combining cost savings with streamlined operations. Whether you need a minor repair or a major refit, our comprehensive services across Spain’s prime maritime locations ensure that your yacht is in the best hands. Trust Lantimar Yachting to handle your TPA needs with professionalism and efficiency.

Don’t hesitate to contact us, we are here to help you.
refit@lantimaryachting.com | +34 609 728 152