Well that was a month! And as far as the UK referendum is concerned, not the outcome many expected. The initial impact was felt around the globe as our European neighbours and economies worldwide woke up to the news that the UK population had set the country on the rocky …
Read More »Legal & Financial
Population Prices
Changing demography is altering the outlook across a range of sectors, with implications for investors. Since the middle of the last century, the world has seen a population boom, and some of the impacts are only now being felt in financial assets, including equities. The ‘baby boomers’ of …
Read More »Financing our company through our own money: the participating loan.
It is quite often the case that you as shareholder have to cover your lack cash in your company with your own funds. Let us see how to protocol these loans in an easy and tax efficient. You can either subscribe a loan policy – one single document …
Read More »Red ensign but Spanish crew member. Labour aspects
It is quite common that our foreign flagged fleet in the Balearics employs Spanish nationals as crew members. In these cases we are often asked if there could be any complications or difficulties with the Administration (mainly with the Spanish Social Security and the Tax Authorities). The first thing we …
Read More »Ride out the storm
Evidence shows that holding your nerve during stormy market conditions can pay dividends for investors in the long run. In 2013 – long before the latest bout of stock market turmoil – a team of behavioural economists at Barclays produced a paper with a highly intriguing title: Overcoming the …
Read More »Premier FX : Boat Shows & Brexit
Well the Palma Boat and Superyacht show has come and gone, and once again it proved to be a big success. Good attendance figures are one such measure of success of course, but more importantly, how does that translate into success for the many exhibitors and visitors over the …
Read More »The end of the age of oil?
Oil is running out, we all know this, today we are addicted to drilling it processing it and burning it. Without it, the lives that we have come to enjoy and rely on would not exist, and would never have existed. Like the coal that powered the industrial revolution, the …
Read More »Directors fees in a Spanish company: deduction and taxation
If you are the Director – no matter if it is just one sole one, two joint or separate or a broad of Directors – of a Spanish Mercantile Company, normally a Limited Liability Company “Sociedad Limitada”, you must know that in order to deduct from the taxable base …
Read More »Boat Shows & Exchange Rates
It’s not just the weather on our beautiful island that is starting to warm up, the preparations are well under way in the yachting world for an important event, right in the heart of Mallorca’s buzzing capital: The 33rd Edition of the Palma Boat show, combined with the Palma Super …
Read More »Hats, canals & creative accounting
The defining factor of a civilised society is the ability of the strongest to protect the weakest, the fortunate to support the unfortunate and the healthy to look after the sick. It is what separates us from savages, it is the backbone of who we are. All but the …
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