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Yacht Management The Elite Touch

Yacht Management – The Elite Touch

Earth and Sea Elite have expanded their yacht management division since relocation the HQ to Palma, Mallorca. Learn more about their superyacht agent services that covers maintenance, finance, crew recruitment and coaching services and arrange to meet the team at Palma superyacht show from 27th May 2018.

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Spain Flag

Spanish Tax for Yacht Crew

If you work on a yacht that is based in Spain you maybe liable to pay tax on your income and this will need to be declared in a tax return. If you are not a Spanish resident then you have the option to only pay tax on income derived in Spain.

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Harassment Poster

The MLC’s anti-harassment amendment

At the 2016 International Labour Conference – the 105th annual meeting of the International Labour Organisation (ILO) – government, employer and worker delegates overwhelmingly voted in favour of approving amendments to the Maritime Labour Convention, 2006, in order to better protect seafarers against harassment on board.

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Financial security

MLC introduces financial security for crew

Entering into force on 18 January 2017, the 2014 amendments to the Maritime Labour Convention (MLC), 2006 aim to better protect abandoned crew and provide financial security for compensation to crew and their families in cases of a crewmember’s death or long-term disability.

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Tax Break

Tax Break on Yacht Crew Training

Yachting has traditionally been viewed as a grey area when it comes to taxation. Most crew have only declared their income if their native land recognizes them as exempt for taxation purposes. Sadly that approach is no longer an option due to new banking transparency and reporting regulations that are reshaping international banking.

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