Home
About
Categories
Search
Add a Business
Press Releases
About
 | 
Company Details
 | 
Videos
 | 
Pictures
 | 
Products/Services
 | 
Yachts for Sale
 | 
Press Releases
 | 
News
 | 
Rating

Tax Marine Spain 

Leave a review

Get in touch

Tax Marine is a tax and customs consultancy firm based in Barcelona, Spain. We have many years of experience in the yachting industry, with an established track record of more than 25 years of excellence in providing tax consultancy and assistance to yacht owners and businesses.

Being exclusively dedicated to yachting, we understand the singularity and particularity of this industry. We have a legal background backing our practice not only based on a practical experience but also on our training as lawyers and economists. In addition, as duly licensed Spanish Administrative Managers we are entitled to operate with official bodies all across Spain, including the Balearic Islands.

Spain

Company Details

Contact:
Tel / Fax: +34 932 008 453  /  +34 932 209 003
Email Address: info@taxmarine.com
Website: www.taxmarine.com

Videos

Pictures

To add Pictures log in to your profile. Alternatively, upgrade your profile if these features are not currently available.

Products/Services

Charter & VAT Representation

Our firm provides a single contact point for clients to access expert advice and customized assistance for Superyacht chartering in Spain. Our service includes: client due diligence, SPV formatio... More

Our firm provides a single contact point for clients to access expert advice and customized assistance for Superyacht chartering in Spain. Our service includes: client due diligence, SPV formation, Spanish & EU VAT registration, VAT representative, Spanish yacht charter licenses.

We will arrange your fiscal and charter licensing process from A to Z.

Less

Tax Advisory

We are specialists in tax advisory on yacht matters, covering a range of taxes from VAT and Spanish matriculation tax to excise duties or corporate tax. Tax always comes into play in almost ... More

We are specialists in tax advisory on yacht matters, covering a range of taxes from VAT and Spanish matriculation tax to  excise duties or corporate tax. Tax always comes into play in almost every facet of a yacht purchase and operation. To avoid surprise losses related to tax, tax advice needs to be sought before. Hence, tax planning is best developed in advance. Our firm can assist to review every single aspect your yacht sale or purchase in Spain. If you are considering relocating to Spain we can handle any tax exemption related with bringing your yacht to Spain. In particular make sure you will not suffer a matriculation tax assessment  (12% of your yacht value).

Less

Customs Procedures

Assistance with your Spanish customs formalities such as temporary import, voluntary customs bonding, inward relief processing or re-export arrangements. We can help you to make use of t... More

Assistance with your Spanish customs formalities such as temporary import, voluntary customs bonding, inward relief processing or re-export arrangements. We can help you to make use of the advantageous mechanism existing in Spain to import your yacht into the UE on a depreciate value. We can assist extending your temporary admission status due to COVID-19 or arrange the any customs formality related with Returns good relief.

Less

Legal Services

By working in tandem with the highly experienced marine legal firms we can defend our clients’ interests, both before the courts and in pre-litigation disputes. Building a yacht involves vari... More

By working in tandem with the highly experienced marine legal firms we can defend our clients’ interests, both before the courts and in pre-litigation disputes. Building a yacht involves various parties. Ship arrest. Collision, salvage and recoveries. Policy disputes and drafting

Less

Berths

We will deal with all the issues of your berth transfer to make sure it meets all the legal requirements according to Spanish legislation. Buying a berth might have an impact on your yacht an... More

We will deal with all the issues of your berth transfer to make sure it meets all the legal requirements according to Spanish legislation. Buying a berth might have an impact on your yacht and a potential tax liability on matriculation tax. Matriculation tax, or the non-harmonised Spanish 'special tax on certain means of transport', is levied at 12% on the value of the yacht. Our firm can assist with appropriate tax planning to minimize the risks stated above, as well as drafting and review of berth contracts and the setup of the necessary vehicles to hold your investment.

Less

Yacht Registration

We can assist you in every step of registering an ownership corporate structure for holding and protecting your vessel. We offer services for commercial and private yachts and will identify t... More

We can assist you in every step of registering an ownership corporate structure for holding and protecting your vessel. We offer services for commercial and private yachts and will identify the most suitable jurisdiction for your yacht, taking into account all your personal circumstances. We can arrange ownership structures to comply with registration requirements and arrange the registration process, including items such as classification, survey and marking of the vessel. Our company’s experts will fill all application forms required and manage the whole process with the Ship Registry.

Less

Conveyancing

Assistance to yacht owners with the purchase and sale of yachts in order to ensure that the documentary aspects of the transaction are handled correctly. Consultation, drafting and provision... More

Assistance to yacht owners with the purchase and sale of yachts in order to ensure that the documentary aspects of the transaction are handled correctly.  Consultation, drafting and provision of sale and purchase agreements. Conduct yacht title searches to check against mortgages and any other liens or encumbrances. Conduct checks on good standing of the seller in the case of a corporate structure. Examine and review the yacht’s tax status, ‘VAT Paid’ or matriculation tax status. Escrow services holding any and all client monies until transaction completion.

Less

Management

We offer a professional, customized and quality service focusing on the specific needs and requirements of each owne: Administration and accounting, Safety statutory Compliance, ... More

We offer a professional, customized and quality service focusing on the specific needs and requirements of each owne:  Administration and accounting, Safety & statutory Compliance, Operations management, Technical management. Whether you need consultancy on a new build or refit project our specialists will develop a solution with you. We offer a totally independent, professional and specialized service tailor-made to suit the individual needs of discerning owners, captains and management companies.

Less

Aircraft Registration

We offer a unique level of support to clients regarding choice of aircraft registry. We understand how to efficiently manage registration processes, and the technical requirements with regards to a... More
We offer a unique level of support to clients regarding choice of aircraft registry. We understand how to efficiently manage registration processes, and the technical requirements with regards to approvals and regulatory compliance.

We offer a tailored registration process service. We will determine the most favorable conditions of the financing, implementation of the aircraft registration and obtaining licenses for its full operation. We can assist with EU or offshore aircraft registration. We will be able to assist with the registration of your aircraft in the International Registry (IR) of Mobile Assets. Less

EU Import & Export

We can assist with the importation of your aircraft in the European Union. We provide a range of importation services, including: Temporary Admission Importation for corporate and private owne... More
We can assist with the importation of your aircraft in the European Union. We provide a range of importation services, including:

  • Temporary Admission
  • Importation for corporate and private owners
  • Importation for AOC holders and charter/commercial operators
  • Exportation
  • Returned goods
Less

Spanish Tax Advisory

Tax in Spain is a very complicated affair and there are potentially severe fines and penalties for anybody who fails to declare and pay the correct tax in Spain. Our firm can provide advice on a... More
Tax in Spain is a very complicated affair and there are potentially severe fines and penalties for anybody who fails to declare and pay the correct tax in Spain.

Our firm can provide advice on a wide range of tax matters specifically related to business aviation. We can provide assistance on the following subjects:
  • Tax advisory on VAT in Spain and the EU
  • Tax advisory on Spanish Matriculation Tax
  • Review of existing ownership arrangements
  • Tax advisory on Spanish Transfer Tax in relation to the sale of aircrafts
  • Tax advisory on Spanish Capital Gain Tax in relation to the sale of aircrafts
  • VAT recovery
  • Assistance with obtaining VAT registration/European Operator
  • Registration and Identification (EORI), completion and filing of quarterly VAT returns
Less

Escrow Services

We can provide services for the simultaneous transfer of funds, satisfaction of previous security agreements or liens, registration of new purchaser and recordation of new security agreements. ​... More
We can provide services for the simultaneous transfer of funds, satisfaction of previous security agreements or liens, registration of new purchaser and recordation of new security agreements.

​Escrow deposits received are refundable to the depositor until we are notified by the depositor or until we are in receipt of a purchase agreement that has been executed by purchaser and seller outlining the terms and conditions of the escrow funds.

​Our escrow service allows you to make all your transactions with “no worries”. King Aircraft Title, Inc. holds all necessary documents, monies for deposits or full purchase price until certain conditions are fulfilled.

Upon written instructions from all parties concerned, our firm will disburse the escrow funds and submit documents to the appropriate Aircraft Registry for recording. Less

Title Search

An aircraft title search will include the present registered owner of the aircraft, previous owner, outstanding liens, type of transaction, including dates and conveyance information, and any addit... More
An aircraft title search will include the present registered owner of the aircraft, previous owner, outstanding liens, type of transaction, including dates and conveyance information, and any additional information, such as unrecorded liens, notations, de-registration due to accidents, etc.

We will provide you with a formal title report revealing any liens or title issues of record at the any EU aircraft registry and display the name and address of the current registered owner and previous owner. We can assist with a research form the first registration document filed and search all the way through present owner to see if there are any outstanding liens or title issues, ensuring that you will be able to buy or sell your airplane with the peace of mind knowing where your aircraft stands. Less

Aircraft Ownership

We provide bespoke corporate structuring solutions to suit individual circumstances, utilizing a range of jurisdictions, including the Isle of Man, Cyprus, Malta, Ireland, BVI and Cayman Islands to... More
We provide bespoke corporate structuring solutions to suit individual circumstances, utilizing a range of jurisdictions, including the Isle of Man, Cyprus, Malta, Ireland, BVI and Cayman Islands to protect your asset and ensure operational and tax efficiencies.

We would be delighted to provide advice to owners on a structure that would be tailored to meet their specific requirements. We work with a network of specialists in the aviation sector to provide the best solution that suits to our clients. Typical ownership structures would include registration for private use, corporate registration or registration under an AOC holder.

The final use of the aircraft will impact on the structure that should be put in place for ownership and operation of the aircraft. There are certain benefits and restrictions when registering an aircraft on a private register. On the other hand, registering an aircraft under an AOC holder will transfer to the aircraft operator full operational responsibility for the aircraft and manage it for the benefit of the legal owners. The use of an AOC holder can bring commercial and associated benefits to a corporate owner. Less

South America & EU

Our firm is highly specialized in assisting Latin American customers on tax and operational aspects when flying their aircrafts into Europe. Being based in a Spanish language European country, we a... More
Our firm is highly specialized in assisting Latin American customers on tax and operational aspects when flying their aircrafts into Europe. Being based in a Spanish language European country, we are the right entrance door in Europe for any aircraft arriving from Latin America.

The Latin America business jet market is anticipated to grow at a CAGR of above 0.3% during the incoming years. Currently, business jets aged 30+ years make up around 25% of the South American business jet volume. The high percentage of older business jets suggests that future retirements can make way for newer business jet deliveries in the near future.

The need for modernization of the region’s business aviation infrastructure like runways, terminals, and maintenance facilities in airports to meet the US business aviation standards is allowing the government as well as the private organizations to invest heavily in infrastructure. Less

Yachts for Sale

To add Yachts For Sale, log in to your profile. Alternatively, upgrade your profile if these features are not currently available.

Press Releases

A message for the Spanish Tax Authorities    
Tue, 25 May 2021
More Details

We consider that there are at least four key points that Spanish tax authorities have the capacity to address and that would allow a vigorous boost to the superyacht industry in Spain. 1. Matriculation Tax In 2013, an amendment of the Spanish Excise Duty Law, made available to commercial yachts...

Read in full
Temporary Admission - Customs formalities in Spain 2021    
Mon, 10 May 2021
More Details

The TA regime is laid down in Articles 250 to 253 of the UCC. For the specific case of means of transport (yachts), the conditions to be fulfilled for granting total relief from import duty are established in Article 212 of the Commission Delegated Regulation (EU) 2015/2446 of 28 July 2015 Delega...

Read in full
British Flagged Yachts Charter licensing in Spain    
Mon, 26 Apr 2021
More Details

Commercial yachts intending to charter in Spain must be in free in circulation, which means that VAT should have been paid or accounted for. Since Brexit, British-flagged yachts have been subject to some sort of uncertainty about their customs status and how that would affect their commercial ope...

Read in full
Yacht imports into Spanish territory    
Mon, 05 Apr 2021
More Details

VAT must be paid on any yacht sailing EU waters unless it falls under the temporary import relief. The rules are not prescriptive about the basis for VAT except that it should represent the market value, but if you have bought it recently the price you paid could be used as a base value. Althoug...

Read in full
UK RYA qualifications in Spain after Brexit    
Mon, 29 Mar 2021
More Details

On the 10th February 2021 the Spanish Merchant Marine Directorate, as a result of the effects of Brexit, published an internal instruction establishing that UK RYA qualifications certificates were no longer acceptable for use on Spanish-flagged rental yachts. The publication of that instruction ...

Read in full
"2021 in the Med" | Quaynote Round table    
Mon, 22 Mar 2021
More Details

Latest fiscal amendments with impact in the superyacht chartering season 2021 in the Mediterranean: The below is a summary of the most relevant fiscal amendments with effect on the superyacht chartering activity in the Mediterranean which were discussed by representatives of different jurisdic...

Read in full
Yacht Engaged in Trade (YET) 2021 in Spain    
Mon, 15 Mar 2021
More Details

The Yacht Engaged in Trade (YET) Scheme is a mechanism adopted by some flag states whereby private yachts obtain a Compliance Certificate and a Temporary Certificate of Registry authorizing the yacht to charter for up to a certain number of days per calendar year in EU waters. The scheme applies...

Read in full
Spanish charter: VAT registration for commercial yachts    
Mon, 08 Mar 2021
More Details

From a tax standpoint, charter yachts are considered a hiring of Means of Transport, which is a service for VAT purposes. The VAT treatment depends on a number of factors including the period of time for which the Means of Transport is hired, the VAT status and location of the customer, and -in c...

Read in full
VAT on Spanish charters – The use and enjoyment provision    
Mon, 01 Mar 2021
More Details

As is well known, chartering in countries like France, Italy or Malta can benefit from really reduced VAT rates on charter fees. This is not the case in Spain. What is the reason why? Let's find out what are the legal grounds on which this VAT reduction is based and what other implications this l...

Read in full
Spanish Matriculation Tax on private & business jets    
Mon, 22 Feb 2021
More Details

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 Spanish VAT rate was to 15%, Spanish authoriti...

Read in full
Superyacht Chartering VAT exempt in Spain    
Mon, 15 Feb 2021
More Details

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 legislation the possibility of a lower ef...

Read in full
Transfer of residency – VAT and Matriculation tax    
Mon, 08 Feb 2021
More Details

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 the Spanish fiscal system, both EU and no...

Read in full

Tax Marine Spain in the News

To add News log in to your profile. Alternatively, upgrade your profile if these features are not currently available.

Twitter

Rate Tax Marine Spain

Submit
[Close]
[Close]
[Close]