Shipping, Yachting and Transport

​The cargo vessel Leonidas K will be auctioned by court order in Malta, at the request of Piraeus Bank A.E, on the 8th of October 2018.For further information kindly contact Dr Nicholas Valenzia or Dr Denise Abela on shipping@mamotcv.com or 00356 2540 3000.M/V Leonidas KIMO: 9467782Flag: MaltaType of vessel: Steel General CargoYear of Construction: 2007Length (LOA): 76 metresGross tonnage: 1971 tonsNet tonnage: 1271 tonsCombined power: 1323 kWTerms: In accordance with acts of proceeds Dr Nicholas Valenzia noe vs. M/V Leonidas K At the instance of Piraeus Bank A.E.Date: 8th October 2018Time: 12:00 CESTLocation: Courts of Justice, Valletta, Malta DisclaimerThis document…

​The cargo vessel Leonidas K will be auctioned by court order in Malta, at the request of Piraeus Bank A.E, on the 8th of October 2018.For further information kindly contact Dr Nicholas Valenzia or Dr Denise Abela on shipping@mamotcv.com or 00356 2540 3000.M/V Leonidas KIMO: 9467782Flag: MaltaType of vessel: Steel General CargoYear of Construction: 2007Length (LOA): 76 metresGross tonnage: 1971 tonsNet tonnage: 1271 tonsCombined power: 1323 kWTerms: In accordance with acts of proceeds Dr Nicholas Valenzia noe vs. M/V Leonidas K At the instance of Piraeus Bank A.E.Date: 8th October 2018Time: 12:00 CESTLocation: Courts of Justice, Valletta, Malta DisclaimerThis document…

Dr Nicholas Valenzia and Dr Denise Abela will deliver a presentation at a CPE event organised by The Malta Institute of Accountants, which will be held on the 15 June 2018 at the Tower Training Centre, Swatar.The event will focus on the key elements relating to companies involved in the ship/aircraft ownership and operation, including aspects relating to eligibility of registration of ships and aircraft in Malta. The seminar will also give a general overview on modern trends in ownership and operational structuring such as leasing. For further details on the event, kindly view the following link:http://www.miamalta.org/CPEEventDetails.aspx?cpeeid=10332

Dr Nicholas Valenzia and Dr Denise Abela will deliver a presentation at a CPE event organised by The Malta Institute of Accountants, which will be held on the 15 June 2018 at the Tower Training Centre, Swatar.The event will focus on the key elements relating to companies involved in the ship/aircraft ownership and operation, including aspects relating to eligibility of registration of ships and aircraft in Malta. The seminar will also give a general overview on modern trends in ownership and operational structuring such as leasing. For further details on the event, kindly view the following link:http://www.miamalta.org/CPEEventDetails.aspx?cpeeid=10332

The Commissioner for Revenue has recently published an amended version of the Guidelines regarding the VAT treatment of Yacht Leasing in Malta. The most noticeable modification from the previous Guidelines relates to the determination of the use of the yacht within and outside EU territorial waters during the lease period. The previous Guidelines acknowledged the difficulty in trailing the movements of a pleasure yacht in order to determine the period the yacht spends within EU territorial waters, and therefore established the estimated percentage portion of the lease spent within EU territorial waters on the length of the yacht and means…

The Commissioner for Revenue has recently published an amended version of the Guidelines regarding the VAT treatment of Yacht Leasing in Malta. The most noticeable modification from the previous Guidelines relates to the determination of the use of the yacht within and outside EU territorial waters during the lease period. The previous Guidelines acknowledged the difficulty in trailing the movements of a pleasure yacht in order to determine the period the yacht spends within EU territorial waters, and therefore established the estimated percentage portion of the lease spent within EU territorial waters on the length of the yacht and means…