Legal & VAT Yacht Issues Luxury Yacht & Superyacht News

Legal & VAT Yacht Issues Luxury Yacht & Superyacht News

New strategy for the Adriatic and Ionian Seas presented by the European Commission

December 14, 2012

Written by Zuzana Bednarova

December 6 in Zagreb saw Croatia and the European Commission launch the new maritime strategy for the Adriatic and Ionian Seas, based on 4 pillars: a stronger blue economy, a healthier marine environment, a safer maritime space, as well as responsible fishing activities. ... read full story

Severe Penalties for Recreational Vessel Operators for Anchoring in new Prohibited Areas

December 13, 2012

Written by Zuzana Bednarova


According to the Marine Safety Act 2010 new definition of waters, recreational vessel operators risk heavy penalties for anchoring in newly prohibited areas. The Boating Industry Association of Victoria Incorporated (BIAV) asks the Victorian Coalition Government for the public clarification of the situation. ... read full story

Assembly Bill 2005 encouraging California Superyacht Tourism signed

October 15, 2012

Written by Zuzana Bednarova

Before entering California ports, non-commercial vessels greater than 300 tons have to face difficult and costly reporting requirements, as required by current law. The recently signed Assembly Bill 2005 keeps this requirement but permits vessels an expanded time frame for compliance. ... read full story

The 4th ICOMIA Global Environmental Legislation Guide

October 05, 2012

Written by Zuzana Bednarova


The latest environmental legislation available as of August 2012 can be found in the 4th edition of Global Environmental Legislation Guide, recently published by ICOMIA, the International Council of Marine Industry Associations. ... read full story

Inserve Yachts receives safety management system approval

July 24, 2012

Written by Eva Belanyiova

Inserve Yachts has received the approval for its safety and management system, following its review by Cayman Island Shipping Registry. ... read full story

Australian government reviewing regulations related to superyacht charter in Australia

June 28, 2012

Written by Eva Belanyiova

The Australian government has been asked by Superyachts Australia to review the regulations affecting the superyacht wishing to charter in Australia. ... read full story

Spanish Matriculation Tax Study and Report

June 22, 2012

Written by Eva Belanyiova

The article includes a video interview with the President of the Balearic Islands and the Spanish Matriculation Tax Study and Report. ... read full story

Lower VAT for the Yacht Leasing Scheme introduced by Cyprus

May 16, 2012

Written by Eva Belanyiova

Register A Yacht

Cyprus lowers the VAT payments applicable under the Yacht Leasing Scheme, resulting in VAT as low as 3.4% off the initial value of a yacht. ... read full story

Superyacht Security Summit and Superyacht Fiscal Summit, March 28-29, 2012

February 17, 2012

Written by Zuzana Bednarova

The Superyacht Security and Fiscal Summit, held in March 28-29 respectively, at Glaziers Hall in the centre of London confirmed the exciting schedule of sessions as well as the first collection of top industry names as speakers of these events. ... read full story

Bali to give visiting superyachts a warm welcome thanks to new Indonesia PIB regulations

December 12, 2011

Written by Chelsea Smith

In a meeting on the 8th of December 2011 in Bali with Asia Pacific Superyachts Indonesia, Ms Nyoman Rini, Head of Customs for Benoa Harbour, gave her full support to the new Indonesia PIB regulations, welcoming in a new era for superyachts visiting Indonesia. Under the old laws, a boat could be made to pay... ... read full story

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