TEPAI Tax 2026
TEPAI Tax Greece 2026: Complete Yacht Charter Breakdown
Greece's annual hull-length-based yacht tax. Who pays, when, how much, and what charterers should know.
What TEPAI is and who pays it in 2026
2026 TEPAI rates by yacht length
Rates are annual, paid by the yacht owner. Charterers should NEVER be billed directly. 7 to 8 metres: €16 per metre per month, payable for the months the vessel is in Greek waters. Typical annual: €1,000-€1,500 for a year-round vessel. 8 to 10 metres: €16/metre/month. Typical annual: €1,500-€2,000. 10 to 12 metres: €25/metre/month. Typical annual: €3,000-€3,600. 12 to 14 metres: €33/metre/month. Typical annual: €5,000-€5,600. 14 to 16 metres: €40/metre/month. Typical annual: €6,800-€7,800. 16 to 20 metres: €60/metre/month. Typical annual: €11,500-€14,400. 20 to 25 metres: €80/metre/month. Typical annual: €19,200-€24,000. 25 to 30 metres: €100/metre/month. Typical annual: €30,000-€36,000. Above 30 metres: €110/metre/month. Typical annual: €40,000-€80,000+ depending on hull length. Specific yacht-length rates are subject to annual revision via Greek Ministerial Decree. The 2026 schedule above reflects current published rates as of May 2026. Yacht owners pay TEPAI quarterly or annually; charter operations document compliance via TEPAI receipts.
Notes from George
- If a broker tries to add TEPAI to your charter invoice as a separate line, refuse. The owner pays this; it's not a charterer cost.
- TEPAI compliance is verifiable. We can confirm any yacht's TEPAI status on request as part of pre-booking due diligence.
- Charterers do NOT pay TEPAI on a personal yacht they bring into Greek waters for a non-commercial visit; that's a different fee structure (foreign-flagged private yachts).
- Above 30 metres, TEPAI is a meaningful operating cost (€40K+/year). It contributes to the higher base rates on Greek-flagged superyachts vs equivalent foreign-flagged.
- TEPAI exemptions exist for very small commercial vessels and certain non-recreational uses. Doesn't apply to standard luxury yacht charter.
Frequently asked
About tepai tax greece 2026: complete yacht charter breakdown
Do I pay TEPAI as a charterer?
No. TEPAI is the yacht owner's responsibility. Any broker attempting to bill TEPAI to a charterer is operating outside Greek charter regulations.
What's TEPAI for a 25-metre motor yacht in 2026?
€100 per metre per month for the months in Greek waters. For a year-round Greek-charter operation: €100 × 25 metres × 12 months = €30,000/year. Paid by the owner.
Is TEPAI included in Greek charter VAT?
No. TEPAI is a separate annual fee paid by the owner. Greek charter VAT (12% or 24%) is paid by the charterer and goes to a different government revenue line.
How does TEPAI affect charter pricing?
Owners factor TEPAI into their charter rate structure. A 30-metre yacht's owner pays ~€36K/year in TEPAI; that's part of what determines their minimum acceptable weekly rate. Indirectly, charterers pay through the base rate, but not as a direct charge.
Can a yacht legally operate in Greek waters without TEPAI?
Commercial charter yachts must be TEPAI-compliant to operate legally. Foreign-flagged private (non-commercial) yachts have different rules; they pay a separate annual fee called 'PROEMP' or similar depending on the year. Charter clients should only book TEPAI-compliant vessels.