The Balearic Islands are leaders in the national charter market, followed by Catalonia and the Valencian Community. The recreational craft market continues to grow and as the end of the year is approaching, the increase in the number of boat ..
Balearic Government has officially announced that it will now allow non-EU flagged charter yachts over 14 meters to operate out of the Balearic Islands. Same requirements as for EU flagged vessels apply: commercial registry, commercial compliance, full
Good news for the yachting and charter industry in Spain. The much discussed and criticized 12% matriculation tax on commercial charter yachts destined to operate in Spanish waters and ports has been eliminated and came into force on October the 31st 2013.
The Croatian authorities have now implemented the requisite administrative steps to facilitate non-Croatian yacht owners to import their yacht into Croatia and to pay 5% VAT. This does seem to be an opportunity for the owners of ex VAT yachts..
On the 2nd of November the YBDSA (Yacht Brokers, Designers and Surveyors Association) organized a Training Seminar regarding the RCD (Recreational Craft Directive), which both Arend Venema and Chris Bird, Whites International Yachts brokers, attended.