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The Superyacht Group

Press Releases

Press Releases

Spanish Matriculation Tax on private & business jets

After Spain joined the European Union in 1985, VAT became applicable on the supply of means of transport at a luxury rate of 33% tax. This luxury rate was reduced to 28% in 1992. The same year 1992 after the VAT harmonization that capped the standard Span

3 days ago | Tax Marine Spain

Superyacht Chartering VAT exempt in Spain

It is well known among yacht professionals and especially those involved in superyacht chartering that the VAT regime in Spain has been always particularly tough. Spain, unlike other surrounding countries, as France or Italy, did not implement in National

15 Feb 2021 | Tax Marine Spain

How rapid COVID-19 testing is being used on board superyachts

Working onboard a superyacht is a challenging job in normal circumstances. On top of managing guest profiles, itineraries and needs, captains and crew now have the additional task of mitigating the well-known risks of a pandemic. For some vessels the em

11 Feb 2021 | MedAire

Transfer of residency – VAT and Matriculation tax

If you are thinking about moving your residence to Spain, you must be aware that you may be exempt from paying duties and taxes when importing your personal belongings, and owned yachts can be included among those belongings. Due to the particularities of

08 Feb 2021 | Tax Marine Spain

Commercial Yachts - Simplifying the process with Vistra Marine

Vistra Marine shares their 'How To' guide for commercial yacht registration, and how Vistra Marine & Aviation can help

01 Feb 2021 | Vistra

The Spanish Commercial Exemption: chimera or reality?

It is well known in the yachting industry that there is the possibility to benefit from an attractive VAT exemption regime, in place either in France or Italy, on certain yacht supplies and works. These are the so-called French and Italian Commercial Exem

01 Feb 2021 | Tax Marine Spain

Protecting yourself from the new COVID variant

As news of the new COVID variant in the UK has spread, many have been left feeling confused and questioning what this means. We have been inundated with emails from customers asking whether or not our products are still effective against the new variant o

07 Jan 2021 | Sirius Technologies

New Yacht Leasing Model in Malta

O n the 28 t h Feb r u a r y 2019 Malta published Guidelines that mark the introduction of a new Malta Yacht Leasing Model. The model is also a consequence of the action by the EU Commission started on the 8 t h M a r c h 2018 against Ma

06 Jan 2021 | Vistra

Christmas greetings of a special kind

Homeless people are having a particularly hard time these days. Therefore, the team of WREDE Consulting gets involved with the charity campaign "THE GIFT OF GIVING"

16 Dec 2020 | Wrede Consulting GmbH

Sirius launch global supply of low-cost consumables and refinishing products

After successfully supplying consumables and refinishing products to the British Virgin Islands for over 2 years, Sirius Technologies looks to launch its newest arm, Sirius Supplies. This online venture is set to revolutionise the way the boat repair

15 Dec 2020 | Sirius Technologies