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The Superyacht Group

Press Releases

Press Releases


In November (2020) we got a call from Paul Kellum who has this fantastic guest house. He was looking for a bespoke solution to house a guest book in which his visitors could comment about their stay as well as a comprehensive guide to the property and the

3 days ago | Hartnack & Company Ltd.

Spanish Matriculation Tax on private & business jets

After Spain joined the European Union in 1985, VAT became applicable on the supply of means of transport at a luxury rate of 33% tax. This luxury rate was reduced to 28% in 1992. The same year 1992 after the VAT harmonization that capped the standard Span

22 Feb 2021 | Tax Marine Spain

Superyacht Chartering VAT exempt in Spain

It is well known among yacht professionals and especially those involved in superyacht chartering that the VAT regime in Spain has been always particularly tough. Spain, unlike other surrounding countries, as France or Italy, did not implement in National

15 Feb 2021 | Tax Marine Spain

How rapid COVID-19 testing is being used on board superyachts

Working onboard a superyacht is a challenging job in normal circumstances. On top of managing guest profiles, itineraries and needs, captains and crew now have the additional task of mitigating the well-known risks of a pandemic. For some vessels the em

11 Feb 2021 | MedAire

Transfer of residency – VAT and Matriculation tax

If you are thinking about moving your residence to Spain, you must be aware that you may be exempt from paying duties and taxes when importing your personal belongings, and owned yachts can be included among those belongings. Due to the particularities of

08 Feb 2021 | Tax Marine Spain

Commercial Yachts - Simplifying the process with Vistra Marine

Vistra Marine shares their 'How To' guide for commercial yacht registration, and how Vistra Marine & Aviation can help

01 Feb 2021 | Vistra

The Canary Islands, Ceuta and Melilla: Spanish special tax territories

In the 19th Century the Spanish government made the Canary Islands a free trade zone to promote economic development. When Spain joined the EU in 1986, special fiscal measures were deemed incompatible with European legislation. For this reason the Canary

18 Jan 2021 | Tax Marine Spain

The day Brexit came true, a Spanish point of view

I have had the chance to read a lot of literature in the past months on Brexit and how it would impact yacht owners and maritime operators. Today, early January 2021, the countdown is over and a new relationship between the UK and Europe began, with its p

11 Jan 2021 | Tax Marine Spain

Protecting yourself from the new COVID variant

As news of the new COVID variant in the UK has spread, many have been left feeling confused and questioning what this means. We have been inundated with emails from customers asking whether or not our products are still effective against the new variant o

07 Jan 2021 | Sirius Technologies

New Yacht Leasing Model in Malta

O n the 28 t h Feb r u a r y 2019 Malta published Guidelines that mark the introduction of a new Malta Yacht Leasing Model. The model is also a consequence of the action by the EU Commission started on the 8 t h M a r c h 2018 against Ma

06 Jan 2021 | Vistra