by Natalie | Nov 14, 2018 | Legal & Financial
A mortgage is a real right on a movable or immovable property made liable for the performance of an obligation; that means, a lien in a property created as a form of security for a loan or payment of a debt and terminated on payment of said loan or debt. The...
by Natalie | Aug 6, 2018 | Legal & Financial
The nationality of a vessel is a technic to assign any ship or vessel to a certain national legal statute or jurisdiction of a concrete state under whose laws the vessel is registered or licensed. Ships have the nationality of the State whose flag they are entitled...
by Natalie | Jul 9, 2018 | Legal & Financial
The purchase of a pleasure craft from a taxable person in terms of VAT – company or entrepreneurial – in Spain in principle obliges payment of the VAT at the general tax rate of 21%. We have to distinguish several cases. The seller is an individual not...
by Natalie | Jun 5, 2018 | Legal & Financial
According to the Spanish national and EU VAT legislation the general idea is that supplies or services of refit rendered in Spain to non EU pleasure crafts transported outside the EU by non established boat owners are subject to Spanish VAT if the vessels are destined...
by Natalie | May 18, 2018 | Legal & Financial
Frequent question: is it true that if you help anybody at sea you have a right to a compensation or even a percentage of the vessel? Along the history the salvage has been considered a question of seamanship honour and when a person was in peril it has been always...
by Natalie | Jan 15, 2018 | Legal & Financial
One of the requirements for applying a charter license and the correspondent authorisation of the maritime authorities (the so called “despacho” at the “Capitanía Marítima”) for a non Spanish flag commercially coded vessel is the presentation of a certificate from an...
