Legal & VAT Yacht Issues

Revised Guide to MLC Specifically Written for Superyachts Published by Dohle Yachts

Dohle Yachts has recently launched a revised guide to the Maritime Labour Convention (MLC), specifically written for superyachts. The copies of the new booklet will be available during the 2013 Monaco Yacht Show.

Maritime Labour Convention (MLC, 2006) comes into force

The International Labour Organization’s Maritime Labour Convention (MLC, 2006) came into force on August 22, 2013. It enables decent working and living conditions for seafarers.

TheYachtAttorney develops advantegous ownership structure for AB140 yacht’s owner

For the new owner of the newly launched AB140 superyacht, Prof. Dr. Christoph Ph. Schließmann of TheYachtAttorney, created a tailor-made legal, fiscal and economic lease and operation concept, saving about € 1.2 million in VAT tax.

TheYachtAttorney achieves the most established yacht imports in Croatia under 5% VAT-scheme

There was no law firm that has brought more luxury yachts from temporarily bonded import to fully taxed import under the limited 5% VAT import-tax and reflagged the yachts than TheYachtAttorney.

Monaco VAT solution for luxury yachts launched by Dominion Marine

Founder and director Chris Allix closely monitors changes to EU VAT and marine legislation to ensure ideal ownership structures are developed.

Marina Port Vell on repeal of Spanish Matriculation Tax

Norma Trease, Director of Salamanca Marine, has commented on the removal of the Spanish Matriculation Tax, on behalf of Marina Port Vell.

Fairline Boats launches new 3 year warranty

Fairline Boats, a renowned luxury boat manufacturer, has announced a new optional three-year warranty for customers buying any new Fairline model.

MarNavProgram Rewriting Rules of Superyacht Ownership and Charter to be launched in late 2013

Aimed to make yachting more appealing for existing owners and to attract new owners by providing shared ownership of a fleet of five Superyachts, the MarNavProgram™ will be launched in late 2013. It has been developed by Superyacht captain and veteran yacht management professional, Werner Trotz.

Misleading carbon tax information clarified by Superyacht Australia

Superyacht Australia has released a statement to confirm that superyachts visiting Australia to cruise recreationally are not subject to the carbon tax increase.

Isle of Man Ship Registry now takes yachts with ownership structures in Monaco or Switzerland

Isle of Man embraces Monaco and Switzerland into the ship registry, seeing great potential for business possibilities as a result of this change.

New Yacht Tax Regulations in Croatia

The new yacht tax regulations have been issued for Croatia that will join the European Union on July 1.

Government to reveal marine export strategy at London Boat Show 2013

Today’s London Boat Show will be marked by the official announcement of Business Minister Michael Fallon about a joint Government and industry plan to bolster British marine exports and reinforce the competitiveness of UK businesses.