Legal & VAT Yacht Issues Luxury Yacht & Superyacht News

Legal & VAT Yacht Issues Luxury Yacht & Superyacht News

America’s Cup Act of 2011 approved

November 07, 2011

Written by Zuzana Bednarova

The 2011 America´s Cup Act has approved by US Senate and US House of Representatives. ... read full story

RYA encourages to get involved with Government’s Red Tape Challenge-Maritime

November 04, 2011

Written by Zuzana Bednarova

RYA encourages everybody to take part in the Government’s Red Tape Challenge - Maritime on November 10. ... read full story

Tognum´s ongoing compliance investigation

October 31, 2011

Written by Zuzana Bednarova

Tognum has promised to apply strict policies of zero tolerance towards bribery and corruption as a part of its decisive measures connected with its ongoing investigation, announced today. ... read full story

Ferretti Yachts´ capital restructuring process

October 31, 2011

Written by Zuzana Bednarova

Ferretti Yachts´ Board of Directors has taken the decision to restructure its capital structure. ... read full story

European Commission brings action against French VAT exemption for commercial vessels

October 11, 2011

Written by Chelsea Smith

The European Commission has now decided to bring action before the European Court of Justice (“ECJ”) concerning the VAT exemption applied by France to certain transactions involving vessels – commonly referred to in yachting circles as the French Commercial Exemption (“FCE”). In a press release from Brussels dated 29 September 2011, the Commission accuses France... ... read full story

New Norwegian lay-up rules of foreign pleasure boats in Norway

October 11, 2011

Written by Chelsea Smith

As a direct result of lobbying by the European Boating Association (EBA) the Norwegian Directorate of Customs and Excise announced on 5 October 2011 that it would be amending its rules relating to lay-up of foreign pleasure boats in Norway.  Boat owners, whose permanent residence is outside Norway, may now leave their yacht unattended in... ... read full story

Ince & Co welcomed to the Principality by Monaco Chamber of Shipping

September 15, 2011

Written by Chelsea Smith

The leading international maritime law firm Ince & Co opened its Monaco office on 01 August 2011. The firm has been granted a licence to practise English law as Ince & Co Monaco SARL in matters relating to shipping and energy in the Principality. Welcoming the firm to the Principality, the President of the Monaco... ... read full story

Moore Stephens Yachting to present views on VAT issues relating to superyachts at the 4th Annual Superyacht Finance Forum

September 14, 2011

Written by Chelsea Smith

Ayuk Ntuiabane, director of Moore Stephens Yachting, a leading provider of services to the superyacht industry, will present the firms views on current VAT issues relating to superyachts and their owners at the 4th Annual Superyacht Finance Forum on Tuesday 20th September, the eve of the 21st Monaco Yacht Show. Hosted by Marine Money International... ... read full story

Maritime Labour Convention 2006 Seminar in Monaco hosted by PYA and MCA

August 31, 2011

Written by Chelsea Smith

The Professional Yachtsmen’s Association (PYA) have announced a 2 day training seminar on Maritime Labour Convention 2006 (MLC 2006) given by the Maritime and Coastguard Agency (MCA), sponsored by Oceanco. The training seminar will take place at the Novotel, Monte-Carlo (Monaco) on Monday 10th and Tuesday 11th October, 2011. The MLC 2006 is expected to... ... read full story

The State of the Industry Review 2011

August 11, 2011

Written by Chelsea Smith

All of the speakers for The State of the Industry Review 2011 have now been confirmed. The State of the Industry Review 2011 is co-hosted by Superyacht Business and Andrew Weir which is a free event by special invitation only that takes place on Thursday, 15th September at the Blue Fin Building, 110 Southwark Street,... ... read full story

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