ARTICLE
22 March 2018

Malta Yachting Industry Challenges Notice By EU Commissioner

GA
Ganado Advocates

Contributor

Ganado Advocates is a leading commercial law firm with a particular focus on the corporate, financial services and maritime/aviation sectors, predominantly servicing international clients doing business through Malta. The firm also promotes other areas such as tax, pensions, intellectual property, employment and litigation.
The Malta Government remains committed to defending Malta's yacht leasing rules on the basis of existing EU legislation, and the yachting industry is liaising with the Malta Government...
Malta Transport

The Malta Government remains committed to defending Malta's yacht leasing rules on the basis of existing EU legislation, and the yachting industry is liaising with the Malta Government and providing its full support so that the appropriate technical submissions can be made to rebut the EU Commission's recent claims that Malta's rules are not compliant with EU Law. A press release has been issued by the main yachting organisations in Malta highlighting the discriminatory approach taken by the EU Commission in its Notice of Infringement to Malta. Whilst Malta has no problem with the French and Italian systems which use similar concepts, the country disagrees with the discrimination made against it when the Notice was sent to Malta but not to France and Italy.

To read the press release, click here.

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