Between the 25-28th of March the whole SOS Yachting team, represented by the four offices Croatia, France and Monaco, Italy and Spain will be in Fort Lauderdale and Palm Beach.
Following the recent news and information conveyed by various consultants and industry experts regarding the charter activity in Italy, we are pleased to clarify the following points:
Alessia Manfredi, Operations Manager of SOS Yachting Spain and Miguel Ángel Serra, SOS Yachting fiscal advisor, were among the speakers at conference “The future of nautical taxation. Challenges and opportunities” organized by ANEN during the Barcelona Boat Show.
On 10th of October 2018 the Department of Customs and Duties of the Spanish Tax Agency published an information note clarifying that a yacht under TA can operate commercially in Spain, without prior import and release for free circulation in the UCT.
The Croatian Ministry of Maritime affairs has increased inspections for commercial yachts arriving in Croatia with charter guests from other EU countries.
The evening before the start of the Monaco Yacht Show, SOS yachting will host its 4th Fiscal Meeting at Hotel Hermitage, Salle Belle Epoque in Monte Carlo.
As of 22th of June 2018, additional customs duties of 25% on imports of yachts and boats originating from the U.S.A is applied in the EU. This duty is in addition to the VAT already due on importation of yachts.
From the 8th to the 11th of May our four operations managers from the Croatian, French, Italian and Spanish offices will be in the Isle of Man visiting current and new clients for trainings sessions and personalized visits.
After 5 years of a successful collaboration, our group operations manager, Thibault Hermant is about to start a new career. We want to thank Thibault for his hard work during these past years and we wish him the best of luck in his future projects.
VAT exemption, has been further clarified by Italian Tax Authority with the Resolution N° 6/E on last January 16th (Resolution N° 6/E 2018) the correct application.