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Tag "Malta"

Malta fights back against EU

Malta fights back against EU

The Malta Maritime Law Association, the Malta Maritime Forum, the Yachting Services Trade Section by within the Malta Chamber of Commerce, Enterprise and Industry and the Super Yacht Industry Network Malta refer to the recent Notice of Infringement sent to

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European Commission “discriminating against smaller countries” with yacht lease letter

European Commission “discriminating against smaller countries” with yacht lease letter

Anthony Galea, managing director at Vistra Marine & Aviation, questions whether the European Commission really understands the Maltese leasing scheme and remains confident that yacht leases will continue. Superyacht Investor: Are you surprised that the European Commission is targeting yacht

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Super Yachts: What’s Special About Malta?

Super Yachts: What’s Special About Malta?

Malta, having the largest maritime registry in Europe and the sixth largest in the world, vaunts of close to 4,700 yachts registered under its flag, 85% of which are yachts over 24 metres. In light of this, one wonders, what

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Maltese yachting community rejects EU VAT claims

Maltese yachting community rejects EU VAT claims

The Maltese yachting community has hit back at EU suggestions that the country’s tax rules on superyacht leasing are “suspect” and need to be changed. European tax commissioner Pierre Moscovici says he has written to the government of Malta about

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Superyacht Investor Q+A: Alison Vassallo, partner, Fenech & Fenech Advocates

Superyacht Investor Q+A: Alison Vassallo, partner, Fenech & Fenech Advocates

In the first of our series on some of the movers and shakers in the superyacht investment industry, Superyacht Investor talks to Alison Vassallo, partner at law firm Fenech & Fenech Advocates. She tells us about why the Maltese flag

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Yachts and Malta – Tax, VAT and all that goes with it

Yachts and Malta – Tax, VAT and all that goes with it

The past few years have seen numerous published articles talk about Malta being the number one EU destination for maritime excellence. Many of these articles concentrate on the niche area of what makes Malta advantageous for commercial and pleasure yachting,

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A guide to Malta VAT leasing arrangements

A guide to Malta VAT leasing arrangements

Bordered by three continents and twenty two countries it is easy to understand why so many people choose to cruise around the Med’s hotspots.  However, there is one thorny issue that I am sure everyone would agree can burst the

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DF Marine becomes part of Vistra Group

DF Marine becomes part of Vistra Group

Vistra Group, a corporate service provider of international trust, fiduciary and fund administration services, have acquired Malta-based DF Marine Consultancy Limited. The DF Marine team specialise in providing professional services associates with the operation and ownership of yachts and is led

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Abacus strengthens yacht team with new appointment

Abacus strengthens yacht team with new appointment

VAT specialist Samantha Snow has joined Abacus as part of their ongoing plans to strengthen their yacht team and Malta office. Snow will use her 15+ years of experience in VAT and Indirect Tax matters to support the Abacus Yachts

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Malta Maritime Forum to Support the Maritime Industry

Malta Maritime Forum to Support the Maritime Industry

The newly formed Malta Maritime Forum, set up to support Malta’s maritime industry, will hold its first meeting on 27th October. The forum has been created to provide representation across the various maritime sectors and to co-ordinate their efforts to

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