Legal & VAT Yacht Issues

Abacus Corporate Services Limited – New Malta Company offers Specialist Yacht Services

As a long established Fiduciary Services Group based in the Isle of Man, Abacus, has extended its administrative services for Yacht and Aircraft holding companies to […]

EU action on matriculation tax for +15m Charter yachts in Spain

Lobbying actions across Spain have gathered pace during this last year, highlighting the ludicrous loss of revenue and negative affect on jobs created by the imposition of […]

Superyacht Australia launch new website

Due to the high level of enquiry and demand for greater access to information about the Australian Superyacht industry and cruising in Australian waters the peak national […]

Superyachts require better definition to increase superyacht cruising in Australian waters.

Following on from the issues raised at the recent Superyacht and Marine Export Conference Superyacht Australia met in Canberra with the deputy CEO of Australian Marine […]

New Italy Cruising Rules

The are some New Italian Cruising Rules this season according to AYSS and Luise Associates which affect yachts visiting Italy for longer than 24 hours requiring […]

Italy passes welcome new regulations to reduce superyacht bureaucracy

In a move that is sure to bring many smiles in the luxury yacht industry, Italy has recently passed new laws, called the Decreto Sviluppo, which […]

The Isle of Man Ship Registry Grows Superyacht Sector

The Isle of Man Ship Registry 2010 report shows growth in the superyacht sector. For more details download the report here: The Isle of Man 2010 annual […]

Bahamas to develop a dedicated superyacht registry

Superyachts that frequent The Bahamas are familiar with the duty-free and/or flag-state services they offer – now the Bahamas are developing its own dedicated superyacht registry. While superyachts have been able to register under the Bahamian flag for some time, they were technically grouped under the ship registry. However, according to The Bahamas Maritime Authority, the megayacht ranks have been growing to the point that a separate structure seems more logical.

Charter Superyachts Receive new Spanish Canary Islands Registry Tax Exemption

A tax exemption for superyachts listed with the Canary Islands Special Registry and  has recently been agreed by the Spanish government. The official announcement on Spain […]

Changes in French VAT Exemption for Commercial Vessels

France has published a change in its VAT law and policy relating to commercial vessels. Published as Article 70 of Law No 2010-1658 of 29 December 2010 amending Article 262 of the unified French Tax Code, the Code Général des Impôts, the change now limits VAT exemption only to those commercial vessels operating on the high seas.

PGI’s breakfast briefing on Italian Superyacht Law and Tax

PGI and Superyacht Events’ breakfast briefing from the 2010 Monaco Yacht Show: “Superyachts: Italian Tax and Legal Issues. The lessons we have learnt and how to be safe in the future”

Isle of Man Yacht Forum members at the 2010 Monaco Yacht Show

About one hundred Isle of Man Yacht Forum members will be attending this years Monaco Yacht Show.