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VAT 12%

Malta Applies 12% VAT Rate

This latest development is based on an EU council directive which allows member states to adopt a VAT rate of no less than 12% ….

VAT DEFEREMENT for Yachts-min

VAT Deferment for Yachts

A VDY procedure is based on EU case law and is effectively a long-term rental structure between a lessor and a lessee…

small commercial Yacht Code

New MALTA Small Commercial Yacht Code

The Merchant Shipping directorate of Malta has recently designed a code (sCYC) dedicated to Small Commercial yachts below 24m …