Our Blog

Spain Opens For International Yacht Charters

On October 30th 2013 the Spanish Official State Gazette (BOE), published Law 16/2013, of October 28, 2013. That Law modifies the matriculation/registration tax exemption established by the Spanish Excise Duties Law (Law 39/1992) for vessels effectively and exclusively engaged in the charter activity, eliminating the reference to the maximum length of 15 meters that was required under the previous wording of the Law in order to benefit from the tax exemption.
Charter Authorization
In order to start a charter activity shall be necessary to get a double permission (national and regional).
The position of the Spanish Marine authorities is keen to accept that non EU flagged vessels can obtain a charter license, provided VAT position is resolved.
The main difference compared with an EU flagged vessel is that it would be necessary to apply for a special permission to the Merchant Marine Directorate in Madrid, in addition to the authorization of the local office of the Marine Authority of the region where it is intended to be chartered.
From an administrative perspective and with regards to non EU flagged vessels, some local governments (e.g. Balearics) establish restrictions to the possibility of carrying out charter activities with non EU flagged vessels.
VAT registration – Non-Spanish Entities
If the Owning Company wishes to operate charter operations in Spain, it will be obliged to obtain a non-resident tax number (N.I.E or N.I.F.)
VAT on charter fees
With regards with the place of supply of short term hiring of a mean of transport, if the vessel is put at disposal of the client in the Spanish territory, Spanish VAT will be due. Referring the percentage of VAT applicable to charters occurring in Spain, the charter services rendered in Spain are subject to VAT at 21%.
Instead of what is happening in other EU countries, there is no option to apply a reduced VAT for charter services rendered in Spain. In case of a charter starting a non-EU port and terminating in a Spanish port VAT, theoretically VAT would be due on the total navigation performed in the Spanish waters.
APA
VAT is due on the APA amounts independently if all the invoices charged to the APA are under the name of the final client. If the invoices are under the name of the boat, the VAT must be added to the final invoice from the boat to the client. It will be paid by the fiscal representative to the Spanish Government, together with the VAT due on the charter fees.
Fuel and provisioning
The current situation in Spain is that provisioning to commercial vessels engaged in charter activities are subject to VAT.

Sneed Charters team will be more than happy to assist all Clients interested in cruising in Spain providing them all necessary information and support with local authorities.

Please do not to hesitate to contact our office, we always stay at your entire disposal 24H/day.

YACHT CHARTER AVAILABLE FOR CANNES FILM FESTIVAL AND MONACO GRAND PRIX

We are pleased to announce that the 44m motor yacht PARAMOUR is available for event charters.

PARAMOUR is now available for charter during the prestigious Monaco Grand Prix 2014 & the Cannes Film Festival. The owner is offering free berthing for a 6 day charter from the 19th-25th May for the Cannes Film Festival.
Built by CMN Cherbourg in 2002, motor yacht PARAMOUR had a full refit in 2012 and can accommodate up to 10 charter guests in 5 luxurious staterooms, as well as carrying a crew of 9 on board.
AVAILABILITY & RATES:
Monaco Grand Prix, 22nd-25th May 2014
€23,000 / day + 20% VAT + Berthing
Cannes Film Festival, 19th-25th May 2014
€23,000 / day + 20% VAT + Free berthing
Booked: 13th-18th May 2014
Option : 17th-27th Aug 2014 | France – Italy
A €10,000 security deposit, extra catering and soft furnishing protection are required for static charters.

This summer, explore the Mediterranean on board the 44m motor yacht BLUE VISION

Built in 2007 by Benetti, BLUE VISION is a stylish and practical charter yacht, perfect for navigating the beautiful azure waters of the Mediterranean this summer.
BLUE VISION boasts vast interior and exterior space with luxuriosly elegant styling. She had a full refit in 2010 and offers comfortable accommodation for up to 12 charter guests in 5 staterooms including 2 Pullman berths, in addition to 9 crew members.
Featuring an on-deck Jacuzzi, large sun deck dining area and a fantastic array of water toys, her experienced and professional Captain and crew guarantee the yacht charter vacation of a lifetime.
AVAILABILITY & RATES:
Booking: 21st-26th May 2014 | Monaco – Monaco

Charter Yacht Mayama Available for Cannes Film Festival

CANNES FILM FESTIVAL – MAYAMA 37m COUACH

SPECIAL OFFER INCLUDING BERTH & PROTECTIVE CARPET

NEW TO THE MARKET – MAYAMA 37m is OFFERING A SPECIAL RATE FOR CANNES FILM FESTIVAL

99 000 Euros a week* including:
– Berth next to Festival Hall (subject to Port of Cannes approval**)
– Protective carpet
+APA + VAT + Security Deposit

Key features:

– New to the charter market
– Master cabin on main deck
– 10 guests in 3 double – 2 twin
– Vast modern interior
– Great deck space with Jacuzzi
– Zero Speed stabilizers
– Highly professional crew of 6
– Sea Bobs, Waverunner, Paddle boards…
– Jet Ski training center

MAYAMA 37m is available for Cannes Film Festival, Monaco Grand Prix and will then be
available in Croatia & Ionian during summer months

Croatia Goverment raise tax for yacht charters.

In November, the Croatian government voted on a fiscal consolidation package to reduce the country’s deficit. One of the measures included an increased intermediate Value Added Tax (VAT, or PDV, as it is called in Croatia) rate from 10% to 13%.

Travelers organizing a yacht charter vacation in Croatia need to be aware of this increase, as the costs will certainly be passed along by the yacht owner to the charterer.

According to Hansel Sneed, a luxury yacht charter industry expert, other increases should be expected as well. “In each of the past three summer seasons, we have seen an increase in interest in Dalmatian yacht charter adventures in Croatia,” says Sneed. “We are advising our clients to budget not only for the increase in VAT, but also for the higher excise taxes on fuel that were approved in November. In short, the cost to enjoy both a Croatia bareboat rental or a fully crewed yacht vacation will cost about 5% more in the summer of 2014.”

Yacht Charter in Tahiti

Belle Aimee 52m is available for charter during March and April in Fiji. Good alternative for your clients who are bored with the Caribbean and Med.

During 2014 Belle Aimee is available in the following other areas:

January 2014 to March – New Zealand or Fiji
April to June – Fiji, Vanuatu, New Caledonia
June to July – Papua New Guinea, Indonesia
August – Vietnam, Cambodia
September to December 2014 – Malaysia, Thailand, Burma, Indonesia.
52m 2010 Amels
5 cabins
13 crew

Extensive dive equipment including Nitrox with dive master for guests.
Remote underwater video vehicle
13m 44’ Hinckley jet tender
$250,000 per week
All the right features for a successful adventure charter

SY MALTESE FALCON ON A WORLD CRUISE

The iconic 88m SY Maltese Falcon is planning a World Cruise for 2013-2015!
Plans include Caribbean for New Years 2013 (Available for Charter), Panama Canal February 2014, Las Perlas Islands, Coiba, Costa Rica, Cocos Island, South Pacific, French Polynesia, Tahiti, Fiji, Tuamotus, Tonga, Vanuatu, New Caledonia, New Zealand, Australia and on to Southeast Asia! Please come up with your own cruising ideas and we can plan a wonderful itinerary for you.

blog-1

Cruise the Caribbean to the South Pacific on Maltese Falcon

88m Maltese Falcon Available in the Caribbean starting holidays. February Panama Canal transit and on to the South Pacific and Asia for Spring Summer 2014! Visit Panama, Galapagos, Costa Rica, French Polynesia, Thailand and more.
Please enquire.

‘Maltese Falcon’ is massive 88 meter mega yacht built by the Italian Perini Navi Yachts. A privileged few guests will ever be fortunate enough to experience the Maltese Falcon under full sail. The huge clipper S/Y ‘Maltese Falcon’ is the largest sailing yacht in the world and in a br

Maltese Falcon’s interior is luxurious with a rich contemporary décor, delightful to the eye and soothing to the soul. At this size the super yacht offers all the space, grace and luxuries of a large luxury motor yacht. Falcon is the ideal choice for large scale entertaining while meandering between smart anchorages, or for that once in a lifetime blue water ocean passage, foaming through the crests, under a towering cloud of sail. Atlantic crossings in ten days are on offer from this extraordinary yacht! A masterpiece of technology and design, the Maltese Falcon is without equal in the world.

Ken Freivokh Design was appointed designers for the world’s largest privately owned sailing yacht. The Freivokh team is well advanced with their design work, which includes the external styling and design of the ultralight contemporary interior for this extraordinary yacht. Based on a Perini Navi hull built by Yildiz, with a ground breaking Dynarig concept developed by Gerry Dijkstra and Partners.

Yacht Charter Accommodation

Luxury sailing yacht ‘Maltese Falcon’ provides the following superior Guest Accommodation for 12 guests in 6 cabins.  VIP cabin on upperdeck with queen berth. Full beam Master with King berth, a seperate full beam dressing room and private gym on lower deck. Four guest suites that can convert into two enormous VIP suites each with his/her heads. All cabins have King or Queen berths.

eeze her immense DynaRig powers her to record shattering speeds

Maltese Falcon’s interior is luxurious with a rich contemporary décor, delightful to the eye and soothing to the soul. At this size the super yacht offers all the space, grace and luxuries of a large luxury motor yacht. Falcon is the ideal choice for large scale entertaining while meandering between smart anchorages, or for that once in a lifetime blue water ocean passage, foaming through the crests, under a towering cloud of sail. Atlantic crossings in ten days are on offer from this extraordinary yacht! A masterpiece of technology and design, the Maltese Falcon is without equal in the world.

Ken Freivokh Design was appointed designers for the world’s largest privately owned sailing yacht. The Freivokh team is well advanced with their design work, which includes the external styling and design of the ultralight contemporary interior for this extraordinary yacht. Based on a Perini Navi hull built by Yildiz, with a ground breaking Dynarig concept developed by Gerry Dijkstra and Partners.

Yacht Charter Accommodation

Luxury sailing yacht ‘Maltese Falcon’ provides the following superior Guest Accommodation for 12 guests in 6 cabins. VIP cabin on upperdeck with queen berth. Full beam Master with King berth, a seperate full beam dressing room and private gym on lower deck. Four guest suites that can convert into two enormous VIP suites each with his/her heads. All cabins have King or Queen berths.