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Contact:
Tel / Fax: +34 91 514 52 00  /  +34 91 399 24 08
Email Address: jesus.barbadillo@garrigues.com
Website: www.garrigues.com

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Garrigues in the News

Spain confirms the denial of limitation of liability to private yachts More Details

The Spanish Supreme Court has confirmed that the owners of private yachts will not be able to apply for limitation of liability in the event that their yachts cause damage to others during marina fires

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Changes afoot for charter in the Balearics More Details

Writing exclusively for SuperyachtNews.com, Miguel Ángel Serra Guasch, of Garrigues law firm, sets out the key points of the new Balearic Islands Yacht Chartering Decree.

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In focus: The Spanish superyacht market More Details

SuperyachtNews.com sits down with key stakeholders in the Balearics superyacht industry for an update on the state of the Spanish market.

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Asking prices are 'unorthodox' and 'atypical' More Details

SuperyachtNews.com has been contacted by Miguel Ángel Serra Guasch, of Garrigues, with information that a Belearic tribunal has dismissed the methodology of using asking prices to calculate a second-hand yacht's value. This had been used to establishing how much matriculation tax private run...

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Superyachts vote with their feet in Spanish waters More Details

A number of management companies have told superyachts under their management to avoid Spanish waters altogether, amid confusion surrounding taxation of non-EU flagged vessels entering Spanish waters, while concerned bodies are lobbying the Government for change.

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Spain adopts LY3 as national standard More Details

Spain's Cabinet has approved a Royal Decree for the adoption of LY3 as the country's national standard for the governance of large pleasure vessels. It is hoped that assuming this internationally recognised code will further boost the country\'s reputation in the eyes of the superyacht fraternity.

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Good news from the Balearics More Details

The Balearic Government has announced that it will now allow non-EU flagged yachts over 14m to charter in the Balearic Islands. SuperyachtNews.com heard exclusively from Miguel Ángel Serra Guasch, who was involved in the legal consultation process, about how the change will be implemented.

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Finally, some welcome clarification More Details

Following pressure from the ascoiación nacional de empresas nåuticas, the Spanish Directorate-General of Taxes has issued concrete clarification about the terms under which non-Spanish residents can operate commercially. The parameters have been welcomed by the industry.

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Further good news for Spanish charter market More Details

According to Spanish legal experts, measures introduced in the 2014 General State Budget Law (22/13) will allow owners of charter vessels to use the vessels themselves.

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What do the changes to the Spanish Matriculation Tax really mean? More Details

After years of lobbying and a summer with multiple delays, the Spanish Official State Gazette (BOE) adopted measures on 30 October, officially becoming law today, regarding tax and financial measures. But what does this really mean for the superyacht industry?

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Industry leaders react to Spanish tax reform More Details

As news of Spain's course-change on the much-maligned Matriculation Tax on yachts circulate, key industry leaders and analysts provide SuperyachtNews.com with their exclusive reaction.

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Management Meeting triggers desired outcome for Spanish charter More Details

Spain's Ministry of Development has announced that the country's Council of Ministers has approved an amendment to the much maligned Matriculation Tax, which will see commercial vessels over 15m qualify for exemption from the 12 per cent levy.

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