Law and Regulation
Thursday March 30, 2017


Read more ...The Caribbean nation of The Bahamas has announced it will implement a new tax regime starting 1 January 2015. But it as yet unclear whether the tax is applicable on charters for either foreign flagged or Bahamian flagged superyachts.

Read more ...Spanish charter experts, Charter&Dreams has reported a sharp rise in the number of Spanish charter yachts during 2014 due to changes to the previously high matriculation tax.

Read more ...Italian marine industry association UCINA has confirmed that overnight visitors berthed in the country's marina resorts are now subject to a reduced rate of 10% VAT, reports IBI Magazine.

Read more ...Last summer Croatia became a member of the European Union; the move has since triggered a number of changes to the country’s tax and legislation system

Read more ...Vice-President Siim Kallas, European Commissioner for Transport has asked that the currently ongoing review of EU passenger ship safety legislation take fully into account any lessons to be learnt from the Costa Concordia tragedy.

Read more ...Dear captains, managers, brokers and industry associates,
The tax will not be applicable to yacht owners who are not Italian residents!
The 6th of December 2011 the newly appointed Italian government issued a legislative decree (No.201) proposing new tax revenues from luxury assets.

Read more ...As part of its plans to overhaul the country's plight the Italian Government is planning to introduce a significant Berthing Tax for yachts and superyachts.

S5 Box


Questions of the Month

- Why an additional paragraph social media policy should be added to the crew contract ?

- Why many experienced captains are never given a chance to get a position on a 30+ m ?

- What is really covering your yacht crew member insurance ?

- During the season, is there enough time for safety drills and training ?

- Can Captains count on duty crew members at dock in case of emergency ?



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