Italian race to Monaco for America’s Cup

The America’s Cup Deed of Gift describes what is necessary to challenge, and among the requirements was to host an annual regatta in which its venue was “an ocean water course on the sea, or on an arm of the sea, or one which combines both…” For Circolo della Vela...

Venice Boat Show 2021

Preparations are underway for the second edition of the Venice Boat Show. It’ll take place for nine days (29 May to 6 June), and aims to showcase the best of Italian and international boating. The program includes what is billed as the first full electric regatta...

Spanish approach on APA and delivery fees

The applicability of VAT on APA funds and delivery fees is a controversial issue, as different jurisdictions have different approaches to the situation. We will try to provide here our view on the correct tax treatment in accordance with Spanish tax regulations. We...

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 legislation...

It’s lonely at the top!

This phrase has been uttered so many times by Captains and CEO’s alike. Who do you speak to when you are the person at the top? As you progress through your career, there are fewer and fewer people around you to confide in. On the one hand you socialise and are a...