May 2013

Moore Stephens Outlines VAT Inspection Preparation Guidelines

Accounting advisory firm Moore Stephens has published a set of guidelines for clients facing value-added tax inspections.

VAT inspections - be prepared!

29 April 2013

Panama Continues to Lead Registry Market

Panama has achieved 1.5% fleet growth in the first quarter of 2013, The Bulletin reports.

China Looks to Attract Vessels with International Registry

China has approved the development of a Dongjiang Free Trade Port Zone registry that would expand company and crew eligibility in hopes of bringing more vessels back to their home flag.

RegisteraYacht to Host Gibraltar Forum

Consulting firm RegisterAYacht will host the 2nd annual Gibraltar Superyacht Forum June 6, 2013 at Gibraltar's International Airport.

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Open Registry Model Discussed at Marine Money Istanbul Forum

AKT Partner Rona Kaspi presented on the open registry model's increasing industry prevalence and Turkey's recent reforms to emulate it more closely at Marine Money's Istanbul Ship Finance Forum last week.

UK Requests Information from Tax Havens

Eltoma Corporate Services has issued a statement to its clients advising them of upcoming efforts by the UK request information from tax have domiciles. The statement reads as follows:

Tax Havens are under threat

Europe's Three Largest Flags Discuss Growth Initiatives

Representatives from Cyprus, Greece and Malta met in Athens earlier this month to discuss ways to further develop Europe's maritime industry and keep its flags competitive with other open registries.

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Open Registries Examined in Maritime Professional Feature

This quarter's issue of Maritime Professional features an in-depth analysis of flag performance written by industry commentator Barry Parker. The article, posted as follows, further challenges the negative assumptions some associate with open registries.

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Compare Yacht Registry Options with Helpful Chart

International Yacht Bureau's Captain Jake DesVergers submitted the following chart comparing yacht domiciles to the OGSR for our readers' reference.

Faroese Registry Experiencing Steady Growth

The Faroe Islands Register is becoming an increasingly popular choice for shipowners, particularly in the Scandinavian market.