By Peter Franklin
AGAINST the background of wide global press coverage regarding fiscal/tax problems for boat owners and charterers in the Balearics just recently, the leading charter management companies on the islands which are amalgamated under the Balearic Nautical Business Association (AENB) have issued the following information.

Their association exists in order to ensure that all owners and charterers are dealing with professional legally constituted charter management companies, and that their members fully meet the laws and legislation set down by the Spanish authorities.

It also negotiates on items such as matriculation (registration tax) and other fiscal problems that both owners and charterers may have experienced.

Most importantly this is done on a direct level with the appropriate government departments, and with the backing of a well-recognised national maritime trade association having its own specialised legal/fiscal experts in house.

This trade body of reputable charter managers working under the AENB intends to help stamp out any illegal charters, and to ensure that all charter clients get the service they deserve and pay for.

Under no circumstances are the association defending or protecting anyone who might be committing any kind of tax fraud or breaking the law in any way.
However it is defending those who, to the very best of their knowledge, have complied with the relevant Spanish laws, both fiscal and maritime in order to run a charter fleet providing peace of mind and security to all of their clients.

The charter association along with its legal team, is in continuous contact, both on a local and national level with all authorities concerned, working together to arrive at a satisfactory and clear resolution to the undeniable problems that have recently arisen.


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