While preparing for the worst

The messages generated in the Network, that the Turkish authorities intend already this season, to ban ships flying foreign flags to carry out Charter activity in Turkish waters, has caused many Charter companies a state of near shock.

To dot the “i” was intended timely article in the magazine International Boat Industry.

Indeed, Turkey is going to ban Charter operations in its waters to vessels flying foreign flags, the article says. It is caused, apparently, by the fact that the Turkish Ministry of tourism was not happy with the situation when foreign companies are prevented the business from local operators.

In this regard, the Ministry proposed to strengthen the relevant act of 1926 position, under which is prohibited the exercise of foreign courts in commercial transactions between Turkish ports or along the Turkish coast. Accordingly, licenses to conduct such activities, which expire on March 31 of this year, extended in the current season will not.

It seems that Turkey intend to move to the system used in Greece, where 51 percent of the Charter capital of companies should belong to the citizens of this country. To pay taxes in Greece, but not in any other country.

Most Charter companies in Turkey now do not belong to the citizens of the country.

In connection with this situation, many Charter companies see no other option but to cancel all the papers were signed in 2019 contracts. As stated by one of the Turkish businessman: “it is possible that the fans of the sail at all afraid to rent here yachts – no matter they are Turkish or foreign”.

… Charter companies in Turkey remains little hope that the situation may change after 31 March in the country held local elections. But while they are preparing for the worst.

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