by Natalie | Jun 10, 2019 | Legal & Financial
Their need for financial protection is high, yet half of all women aged 25-45 do not have any kind of protection insurance. International Women’s Day (March 8) celebrates the social, economic, cultural and political achievements of women. The day also marks a...
by Natalie | Mar 1, 2019 | Legal & Financial
Within the last years we have observed an increase on the transmissions by or in favour of non residents subject to the Inheritance an Git Tax in Spain. First of all we must know that the Inheritance and Gift is levied in one of the following three cases: by...
by Natalie | Jan 25, 2019 | Legal & Financial
What do you tell the judge when it all goes pear-shaped? In the unfortunate event that an accident happens onboard your yacht, as captain or head of department you’ll have to demonstrate a good safety culture and responsible record keeping, so it’s...
by Natalie | Jan 5, 2019 | Legal & Financial
Question: I have a Cayman Island flagged vessel which is not VAT paid, can I charter here in Spain? Answer: since 10th of October 2018 , yes you can! Then after the pressure of the yachting and nautical industry lobby the Spanish Customs & Excise Tax Authorities...
by Natalie | Dec 22, 2018 | Legal & Financial
What is meant by ‘Use and enjoyment’ of a yacht? Whenever we read about VAT in the superyacht industry we see the phrase ‘use and enjoyment’, but what exactly does that mean? Since superyachts are movable assets, the EU allows member states to determine what...
by Natalie | Dec 4, 2018 | Legal & Financial
Humanity has been serving and using the the sea since ancient times and for different purposes, which have been varying in importance according to technological development and the needs of the specific different periods of History. It was always a link to trade and...