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Category Archives: Legal and Tax

New legislation targets abandoned boats in Balearics

June 18 - Legal and Tax, Photo Gallery
Photo Credits: www.superyachtfocus.com For almost 10 years the Balearic nautical sector has been demanding that the local government enacts laws to support ports and marinas that are burdened with the financial and logis...

Paper clarifies EU Yachting VAT confusion

June 18 - Boat Tax Issues, Legal and Tax, Photo Gallery
“The superyacht fraternity’s fiscal landscape is constantly evolving due to changes in legislation and piqued interest on the part of customs authorities in these transient entities. This is nowhere more pronounced t...

New Law resolves Greek chartering restrictions

May 20 - Boat Tax Issues, Legal and Tax, Photo Gallery, Uncategorized
At MedBerths we have been following the ups, downs, and ever-changing possibilities for operating a large charter yacht in Greek waters. Nobody has ever questioned the desirability of doing so; With 10,000 miles of coast...

Update on Yacht Charter Tax in Spain

May 20 - Boat Tax Issues, Legal and Tax, Photo Gallery, Rest of the World, Uncategorized
The abolishment of the much discussed and financially punitive 12% matriculation tax on +15 metre commercial charter yachts destined to operate in Spanish waters, finally came into force in October 2013. This was after n...

Croatia charter yacht tax clarified

March 20 - Boat Tax Issues, Legal and Tax, Mediterranean, Photo Gallery
Photo Credits: ‘SuperyachtFocus.com’ Croatian based BWA Yachting, have been able to obtain updates on the VAT treatment and other issues related to charter yachts that intend to operate in the waters of Croat...

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