Spanish refit and repair yard Varadero Valencia has launched a new TPA tax management service that allows non-EU owned and flagged vessels to avoid paying 21% VAT on repairs and maintenance, regardless of whether they are clients or not.
“This initiative has arisen with the aim of providing a premium service in Varadero Valencia,” says yard manager Santiago Donat. ”For this reason, we are expanding the range of services offered, which are not only limited to the repair and maintenance of boats themselves but also to the processing of the necessary documentation in each case, including negotiations with insurance companies and customs according to the case of each client.
“Thus, all those non-EU boats, regardless of whether they repair or carry out their maintenance in Varadero or elsewhere, may request, thanks to our new portfolio of services, the management of their TPAs. Carrying out this procedure is not an easy task and it cannot be handled by any individual, so on behalf of Varadero Valencia we have reached a collaboration agreement with professionals who are proven in the sector, who will help any client with these procedures.”
With a lifting capacity of up to 300 t, its own painting division (Monzo Yacht Painting), and another specialised carpentry division, Varadero Valencia is an ideal facility for the maintenance and repair of all types of boats, particularly classic and regatta yachts. The company offers a 360º service in which they pick up the boat at its base port and return it repaired to its mooring position.