by Natalie | Jun 24, 2021 | Legal & Financial
This month’s article is about the protection of the Posidonia – lat. Posidonia oceanica – also known as Neptune’s grass or Mediterranean tapeweed. Posidonia is a species of marine grass endemic to the Mediterranean Sea that forms large underwater...
by Natalie | May 1, 2021 | Legal & Financial
On the 10th February 2021 the Spanish Merchant Marine Directorate, as a result of the effects of Brexit, published an internal instruction establishing that UK RYA qualifications certificates were no longer acceptable for use on Spanish-flagged rental yachts. The...
by Natalie | May 1, 2021 | Legal & Financial
Joe Biden has a plan, a big, brave and certainly controversial one, sadly one that has a slim chance of working at best, but ten out of ten for effort. He wants a global standard rate of corporate tax for the biggest multinationals, you know the names, Google, Amazon,...
by Natalie | May 1, 2021 | Legal & Financial
Brexit nightmare is directly affecting all of us in the nautical sector in different ways. One of them is the recognition of recreational yachting qualifications for sailing in Spanish waters. On the 10th February 2021 the Spanish Direccion General de la Marina...
by Natalie | Apr 24, 2021 | Legal & Financial
As is well known, chartering in countries like France, Italy or Malta can benefit from really reduced VAT rates on charter fees. This is not the case in Spain. What is the reason why? Let’s find out what are the legal grounds on which this VAT reduction is based...
by Natalie | Apr 18, 2021 | Legal & Financial
From a tax standpoint, charter yachts are considered a hiring of Means of Transport, which is a service for VAT purposes. The VAT treatment depends on a number of factors including the period of time for which the Means of Transport is hired, the VAT status and...
