DEVELOPMENTS IN CHARTER REGULATION – WHAT TO EXPECT IN 2025? LEGISLATIVE CHANGES?

It is clear! 2025 is likely to be the year in which the regulations governing the charter activity will be profoundly modified. On the one hand, on 15 August 2025 the articles referring to the dispatch of vessels will come into force and on the other hand, last February, the Balearic Government has submitted to […]
YACHT CHARTER AND IEDMT: HOW DOES THE NON – RESIDENT AND RELATED ENTITIES EXEMPTION APPLY?

It is quite frequent that we receive queries about the processing of the exemption from registration tax on charter boats. This obliges us to be as up to date as possible and to study the different ways in which this can be applied in different cases. Recently, two Resolutions have been published by the Tax […]
THE AMENDMENT TO THE LAW ON INHERITANCE TAXES AND PROPERTY TRANSFERS: DOES IT APPLY TO FOREIGNERS (NON-TAX RESIDENTS) OR ONLY TO TAX RESIDENTS IN SPAIN?

Last May 2023 there were municipal elections in the Balearic Islands and consequently a change of political party. One of the most important measures approved by the new Balearic legislature was Decree Law 4/2023 of 18 July 2023, which makes important modifications to the Inheritance Tax and the Transfer Tax, both taxes that have been […]
GOOD NEWS FOR THE NAUTICAL CHARTER IN THE BALEARIC ISLANDS – NEW ROYAL DECREE 186/2023 APPROVING THE RULES FOR THE REGULATION OF MARITIME NAVIGATION.

On 21 March 2023, Royal Decree 186/2023 was published in the BOE (Official State Gazette), approving the Regulation on the Organisation of Maritime Navigation. One of the most relevant aspects that we want to develop in this article is the introduction of a simplified regime of the “despacho” by means of a responsible declaration for […]