Legalley+ recently assisted in the completion of the sale in international waters of a sailing yacht built by the respected Italian shipyard ITA Catamarans, a builder widely known for its cruise-performance catamarans. Following the transaction, the vessel was successfully imported into the Union Customs Territory under the Temporary Admission (TA) regime.
Legalley+ is delighted to have been involved in the planning, purchase and importation of the high performance sailing yacht Vesper for the Spanish Navy, in collaboration with the yacht’s owner and the successful tenderer, David Más Yacht Equipment, S.L.
Legalley+ had the pleasure of attending another successful edition of the Palma International Boat Show, one of the key events in the Mediterranean yachting calendar. The show once again stood out for its excellent organisation, first-class exhibitors, high-level networking opportunities and an impressive display of superyachts, including some outstanding sailing yachts.
In my latest article for Superyacht News, I explore what this transition means in practice, the opportunities it creates, and the new responsibilities it places on operators.
Recent commentaries on the 𝒑𝒓𝒐𝒔𝒑𝒆𝒄𝒕𝒊𝒗𝒆 𝑬𝑼–𝑼𝑲 𝒂𝒈𝒓𝒆𝒆𝒎𝒆𝒏𝒕 𝒄𝒐𝒏𝒄𝒆𝒓𝒏𝒊𝒏𝒈 𝑮𝒊𝒃𝒓𝒂𝒍𝒕𝒂𝒓 has suggested that the territory could, in a later phase, become part of the Union Customs Territory (UCT). This interpretation, while understandable at a superficial reading of the political understanding, 𝒊𝒔 𝒏𝒐𝒕 𝒔𝒖𝒑𝒑𝒐𝒓𝒕𝒆𝒅 𝒃𝒚 𝒂 𝒓𝒊𝒈𝒐𝒓𝒐𝒖𝒔 𝒍𝒆𝒈𝒂𝒍 𝒂𝒏𝒂𝒍𝒚𝒔𝒊𝒔.
Miguel Ángel Serra, Founding Partner of Legalley+, has recently published a dossier on corporate aircraft in Avion Revue Internacional, a leading Spanish-language aviation magazine founded in 1982 and widely recognised for its in-depth, high-quality reporting and long-standing tradition in aviation journalism.
In March 2023, Royal Decree 186/2023 introduced significant changes for chartering yachts in Spain, which I already advance in my in LinkedIn and Legalley’ Blog on March 24, 2023. This was promoted by the Spanish Yachting Association (ANEN), of which I am tax and legal advisor.
Last week, it was successfully completed the sale of an Azimut 70 yacht, measuring 22 metres in length and equipped with twin MAN V12-1400 engines (1,029 kW each), on behalf of one of our longstanding clients.
Last Friday, March 13th, our founding partner, Miguel Ángel Serra, tax advisor of ANEN (Spanish Yachting Association),had the pleasure of attending the 13th annual congress