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So far adminmarine has created 32 blog entries.

IMPORTANT INFO RE CUSTOMS ORAL DECLARATION

With the changes made to the Customs law on the 1st of May 2016, from the moment that a NON EU private vessel enters into EU waters, she has a total of 18 months to be in EU waters. It is no longer possible to bond the vessel in order to extend these 18 months. [...]

NEW DECREE IN THE OFFING TO REGULATE CHARTER ACTIVITY IN THE BALEARICS

Something to look forward to in the new year is the implementation of draft legislation which has been published by the Balearic Government, and is aimed at regulating commercial yachting activity in its waters. This legislation serves as a welcome indication of the Balearic Government’s commitment to growth and progress in the charter/commercial sector of [...]

THE XPORT FACTOR

There is, and has been for some time now, uncertainty over the subject of import Value Added Tax (“VAT”) as it applies to non-EU flagged commercial vessels that have been VAT accounted-for and operating in the EU, and who have then sailed out of EU waters and wish to re-enter Spanish waters and retain [...]

A GUIDE TO TEMPORARY IMPORTATION / ADMITTANCE PROCEDURE FOR NON EU PRIVATE BOATS IN EUROPE

1. OBJECTIVE:     An allowance granted by the EU Government to permit non-EU vessels intended for re-export, temporary admission into the EU without customs duty or VAT needing to be paid.   The allowance only applies to non-EU resident beneficial owners and non-EU flagged private vessels.       2. TEMPORARY ADMITTANCE - [...]

PORT STATE CONTROL INSPECTIONS – CHARTERING WITH CONFIDENCE

Those of you who have a commercial yacht over 24 m load line length, and who have this year applied for a cruising permit for the Balearic Islands, will be aware that it is now a requirement by the Balearic authorities to have a valid Port State Control Inspection (PSCI) Report. Without this, you [...]

ASSISTING IN MAKING THE MLC MUCH LESS CHALLENGING

The Maritime Labour Convention (2006) (MLC) was brought in force almost two years ago, and those in the commercial yachting industry should be familiar with its implementation. The Convention was promulgated with a view to protecting seafarers’ rights in an industry where previously seafarers were not treated equally to their land lubber counterparts. Every vessel [...]

CHARTERTING IN SPAIN: THE CHALLENGES BROUGHT ABOUT BY CHANGE

It’s just over a year since the 15 metre ceiling for claiming an exemption from the 12% matriculation tax on commercial vessels was removed, and just under a year since non-EU flagged vessels over 15m have been permitted to charter in Spanish waters. It has been a learning curve for those in the chartering [...]

SPAIN’S DOORS ARE OPEN TO CHARTER

The industry grapevine is small and well-oiled, so we often get wind of various ‘experts’ advising yacht brokers and management companies to ‘avoid Spain’. Not only is this sad news, but it’s also unfounded. We have been processing charter licences day in day out for more than 30 years, and we stay abreast of every [...]

SIMPLE FORMULA FOR NON-EU COMPANIES AND FLAGS TO CHARTER IN THE BALEARICS

We have made it clear for some time now that the most straightforward way to secure a licence for charter in the Balearics is by having an EU-owned, flagged and operated vessel – for instance in Malta which is a full EU member and has double taxation treaties with more than 67 countries. The whole [...]

PALMA SUPERYACHT SHOW CONFIRMS ‘BUSINESS AS USUAL’ FOR SPANISH YACHT CHARTER

Running concurrently with the 32nd edition of the Palma Boat Show (30 April – 4 May) was the third edition of the Palma Superyacht Show.  Organisers posted record figures with 62 participating yachts (with a balanced ratio between motor and sail – making it the largest sailing superyacht show in existence), 42 exhibitors and 6,000 [...]