Companies in the boating industry are not uncommon in Finland. These companies, like other companies, are largely controlled by Finnish and EU legislation. The fact that companies are controlled by legislation is undoubtedly a good thing, but it also causes problems for many companies. The boating industry in Finland has constant problems with the regulation of non-EU registered boats. These problems lead to consequences and companies lose customers.

One of the major problems arises when non-EU citizens store larger boats in Finland, as the boats may not be used by anyone other than the person responsible for the boat. In other words, the employees of the companies are not allowed to handle the boats without the person who is responsible being present. If they do so anyway, they may be liable to pay VAT for the boat in Finland.

This paper will include a study with the intention to find out the difference between different customs procedures. In situations where boats not registered in the EU arrive to Finland, they are placed under the temporary admission procedure. In other words, the study is based on the customs’ website, and the result is a summary and a conclusion based on the information that has been presented. The purpose of the work is to describe the meaning of the temporary admission procedure, and in particular temporary admission of means of transport with total relief from import duties.