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News

Chartering in Spain – update due to Covid-19

Chartering in Spain – update due to Covid-19

SPANISH CHARTER LICENCE APPLICATIONS As most Spanish Government applications are now processed online, the good news is that we are continuing to process Spanish Charter Licences and Maritime Cruising Permits as normal so that our clients will be “ready to go” as soon...

Royal Decree-Law 8/2020 of March 17, 2020

Spain: Royal Decree-Law 8/2020 of March 17, 2020 launches urgent and extraordinary measures to confront the impact and social impact of COVID-19 We have been advised the following today by Garrigues: The March 18, 2020 edition of the Official State Gazette has...

URGENT ADVISORY – COVID19

Balearic ports and airports to close The Balearic Islands’ government announced on Tuesday March 17th the closure of all ports and airports with immediate effect, denying entry or exit of citizens for the duration of the state of emergency due to the coronavirus...

Matriculation Tax

Matriculation Tax

As you may be aware, the Matriculation Tax and its effect on the charter sector has been an issue here in Spain in the past. There has recently been a couple of conflicting opinions issued by the Spanish Tax Office relating to exemption from the Matriculation Tax and...

Future of Superyachts Conference, Palma, 15 October 2019

Future of Superyachts Conference, Palma, 15 October 2019

We recently attended the Quaynote "Future of Superyachts" conference in Palma, which proved to be a successful and very interesting day, covering many different subjects. Following you will find links to the main presentations, along with an interview given by our...

The decree of Posidonia turns one year old without maps.

The decree of Posidonia turns one year old without maps.

The regulations celebrated their first anniversary without a complete cartography that guides ships to anchor The decree of the posidonia recently fulfilled a year since coming into force. The Government affirmed that "with this regulation there has been a change of...

Truth v. Drama

Truth v. Drama

There have been some blunt statements about the “24% withholding tax” charged on charter income in Spain. Some of these statements have not presented a clear picture of the real situation. • “Tax haven” has become a dirty word throughout Europe and many European...

Import duty

Import duty

“When the United States imposed new tariffs on a range of European products in June 2018, the EU responded swiftly by creating an extra import tax of 25% the following month. This additional levy has been imposed on a wide range of products originating from the US,...

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Tel:+34 971 403903 / 403703
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Location

edificio Torremar, Av. Gabriel Roca 44, CP/ 07015, Palma de Mallorca, Spain.