Quaynote is delighted to introduce Understanding Superyacht & Business Jet Tax, the one-day international event in Brussels, Belgium on Tuesday, 17th October, 2023. The conference seeks to demystify complex rules, ownership structures, VAT – and much more – across multiple jurisdictions.
Presented by leading tax and customs specialists, Understanding Superyacht & Business Jet Tax is timed to coincide with the launch of 2 new groups set to influence regulators – the Superyachts & Business Aviation VAT Think Tank and an EU group of business aviation experts lead by the EBAA. What`s more, the conference`s location in the heart of EU policy-making will create the ideal platform for discussion of tax matters between regulators and the superyacht / business aviation industries.
Targeting charter & sales brokers, charterers, tax advisors, corporate service providers, lawyers, family offices and policy-makers, Understanding Superyacht & Business Jet Tax is produced by Quaynote Communications, event management, PR and marketing specialists in the yacht and private jet industries for 18 years.
Our speakers will shed light on some of the thorniest tax issues that anyone involved in owning, chartering, operating or managing a superyacht or business jet needs to grapple with. Key topics to be covered at the conference include:
*The EU Customs Code & VAT Directive: How it is implemented into national legislation
*Brexit: Current UK customs and VAT regulations
*Inward processing relief: EU vs UK new opportunities
*Commercial, private, corporate?: the best structure for your yacht or jet
* EU, US and non-EU Europe: VAT, charters, transactions and more across the jurisdictions
* Temporary Admission, Import options, Stamp duties, transfer tax, withholding tax, cross-border claims, FCE, ICE, etc.
Officially supported by both our Gold co-sponsors, Tax Marine and Richemont Delviso, Understanding Superyacht & Business Jet Tax will provide an influential, networking platform for all industry professionals concerned with understanding and improving international tax regimes.
To join our mailing list please register here.
Refreshments and Registration
Session One: Welcome to the conference 09.00
Conference organiser`s opening remarks
Session One: Welcome to the conference 09.05
Conference Chairman`s introduction to the conference
Introducing the Superyacht & Aviation VAT Think Tank
Alex Chumillas, Tax Marine & Aviation Spain SL
Session Two: Brexit & the UK 09.45
Brexit: Solutions & Silver Lining
*Initiatives re: EBAA and EU
*UK Customs Warehousing
Adrian Jones, Tax Director & Greta Kemper, Senior Tax Advisor, Martyn Fiddler
Presentation: An EU perspective 2 years after Brexit :
A comparative approach (Spain / France) to post-Brexit queries
*Brexit and the consequences for means of transport registered in the UK
*The impact of the Brexit on the use of specific customs procedure: temporary export and returned goods regime
*The works performed by UK flagged vessels in the EU AND the works carried out in the UK for EU flagged vessels
* What you should know? Which customs procedures applicable?
Miguel Angel Serra, Founding Partner, LegalLey
Freddy Desplanques, Director, Stream
Questions & Discussion
Session Three: Commercial, private, corporate? 11.15
Panel: What is the best model for your yacht or jet?
*VAT on business aircrafts operations: corporate vs commercial.
*VAT: commercial vs private owning structures.
*The role of AOCs
Moderated by: Nic Arnold, UK Head, JTC Private Office
Panelists to include:
Capt.Andrija Šimić, Simmor Marine
Alex Chumillas, Tax Marine & Aviation Spain SL
Andrew Wilson, Director – Head of Aviation and Marine, Zedra
Stephan Piazza, Head of Legal & Transport (Shipping, Aviation & Space Industry), Zampa Debattista
Jennifer Timinis, Director, Sea Greece
Janet Xanthopoulos, Director, Head of Yacht and Aviation Department Rosemont Yacht Services
Session Four: Tax and the EU 12.15
Presentation: The EU Customs Code & VAT Directive
*How it is implemented into national legislation
*The changing approach from the EU and national customs authorities
*Exploring the bona fide approach and compliance
Jan Delanote, Elegis and Véronique Beeckx, Elegis
Session Five: Temporary Admission 14.10
How does temporary admission work in yachting and aviation?
*What are the problems related with the regime?
E.g users, time limit, extensions, formalities
Jean-Philippe MASLIN, Associé/Partner, Richemont Delviso
Katrina Abela, Founder Vaia Legal
Geraldine Veran, H&V Yachting
Session Six: Compare and Contrast: EU, US and non-EU Europe 14.55
Panel: Everything you need to know about VAT, charters, transactions and more from the EU, non-EU Europe and US perspectives
*VAT & charters: comparing the position across EU jurisdictions
*Non-EU & US perspectives on EU VAT
*The role on of non-EU jurisdictions in different transactions, such as completion of sales, charter, bunkering, exports/imports
(Turkey, Albania, Montenegro, Gibraltar, UK....)
Moderated by: Dr Geraldine Spiteri, Director, Advocate, Acumum
Alasdair Milroy, Founder, BMT Accounting
Matthew Zampa, Co-founder, Zampa Debattista
Sanja Dujmic, Managing Director / Operations Manager, SOS Yachting Croatia
Frederic Dormeuil, CEO, SOS Yachting
Christopher Pousse, Associate, H&V Yachting
VAT paid status 16.15
The VAT paid status of yachts: What does this mean and how it may be preserved?
Christabel Spiteri, Zampa Debattista
Presentation: Case Study
*Cross board tax of the lease and sub lease of a jet
*The impact on VAT and WHT
Joana Maldonado Reis, Advogada / Associated Partner, Abreu Advogados
End of Conference
Tax Marine & Aviation Spain SLMore
Tax Marine & Aviation Spain SL
Alex advises both on tax and customs matters and on transactions and investments in Spain, yacht and aircraft purchases, tax audits, and as well on owning and operational structures. He has worked for top-tier foreign broker companies, yacht management and legal firms and foreign investors in Spanish marinas, most of which remain regular clients.
Degree in Economics, Master in International Trade, Master in Taxation, Post-degree in Yachting Business, Post-degree in the Insurance Industry, Post-degree in Customs Procedures and Licensed as Spanish Administrative Manager (2006).
He is a regular speaker at international conferences and workshops on tax matters concerning yachting. He has contributed to the specialist “Law of Yachts and Yachting” textbook published in 2012.
Founding member of the Barcelona Nautical Cluster, and member of EBAA and SPBAA.
Tax Director, Martyn FiddlerMore
Tax Director, Martyn Fiddler
Adrian Parcell-Jones is a director of Martyn Fiddler Aviation and a Chartered Tax Advisor. Adrian joined the team in 2014 and spearheaded the tax consultancy division of the business. Having worked for over 20 years’ in customs, government, leading tax advisory firms and his own business, Adrian has used his combined experience to tailor the services he provides to clients and their yachts and aircraft.
Adrian’s attention to detail together with his extensive knowledge of VAT rules relating to yachts and aircraft allows him to customise advice to each client’s individual circumstances to ensure maximum compliance with all applicable rules. His success has led to Adrian being appointed by his peers as the only non-US member of the NBAA Tax Committee. Similar peer recommendation has led to Adrian holding positions on tax committees in the EU and UK.
Senior Tax Advisor, Martyn FiddlerMore
Senior Tax Advisor, Martyn Fiddler
Greta is CTA and AIIT qualified and has over thirty years’ experience in VAT and dealing with Tax authorities, based on her time prior to joining Martyn Fiddler Aviation at HMRC, in private industry, including her involvement in negotiations with the EU Commission on VAT legislation changes. With her extensive experience of a broad spectrum of industries, including financial services and the mobile payments business, Greta brings her practical and technical knowledge of how VAT impacts on business to inform the tax team’s advisory work.
Freddy is a partner at Stream and deals, under French and EU laws, with the matters of the firm related to customs, excise and tax. He assists clients on their transactions within international trade.
His practice focuses mainly on customs and excise matters. He advises his clients (importers, exporters, customs representatives and insurance companies) on customs and excise regulations, specific rules on import and export of sensitive goods (food, endangered species, cultural goods, wastes). He audits clients involved in the process to be certified as Authorised Economic Operator (AEO). He represents and assists clients within customs investigations and litigations.
Freddy has a strong expertise in tax and customs matters related to yachts. He advises yachting professional associations on tax and customs procedures (temporary admission, French Commercial Exemption, specific customs procedures).
Freddy was recognised in Chambers 2017 for his practice in Yachting and Stream is recommended for its excellent practice in Tax and Customs in Décideurs. Stream is member of the GreenLane network who gather international and European experts in Customs and international trade.
Miguel Ángel Serra
Founding Partner, LegalLeyMore
Miguel Ángel Serra
Founding Partner, LegalLey
UK Head, JTC Private OfficeMore
UK Head, JTC Private Office
Nic has extensive experience in bringing broad and bespoke fiscal governance to high net worth individuals and families spanning the globe.
Her role at JTC Private Office is to ensure that the highest levels of professional governance are applied to families’ lives, whether that be supporting family members themselves or their own family offices. Nic’s work will range from advising on the transfer of wealth through the generations to buying a superyacht or overseeing the implementation of financial software.
Nic has particular expertise in family governance and in managing a family’s private luxury assets. As a chartered tax adviser, she also understands the increasingly complex demands of global taxation.
Before joining JTC, Nic was a tax director in PwC’s Private Client team and head of PwC’s Luxury Asset Advisory practice.
In 2019, Nic achieved Gold in the prestigious Citywealth Powerwomen awards.
Andrija started working in Nautical sector in 1994, after graduating from storical Bakar Nautical school. He took his Master Mariner exam in 1997.
After navigating for 11 years in the Merchant navy and from 2001 on Mega Yachts,Andrija opened Simmor Maritime agency in 2005, becoming one of the pioneers of Mega Yachting in Croatia.
In 2014 Simmor joined in partnership with one of the biggest Maritime agencies in the world Fratelli Cosulich.
In 2017 Capt.Andrija Šimić won Annual Republic of Croatia award for development of Maritime Economy.
Andrija most notable work is development of Port of Rijeka as Yachting destination. When started in 2013 Rijeka was not Yachting destination,and now Rijeka is one of the most recognised ports for Super Yachting in Croatia.
In 2026 Rijeka will have new modern marina called ACI Marina Rijeka in center of old city in PORTO BAROS location. Simmor Maritime agency is Fiscal representative or agent for more than 300 yacht coming in Adriatic every year.
Director - Head of Aviation and Marine, ZedraMore
Director - Head of Aviation and Marine, Zedra
Andrew has over 20 years experience working in financial services.
He has worked in Accountancy, Audit and Tax services for a broad range of business owners. Since 2007 Andrew has specialised in corporate services, with a focus on the ownership and tax structuring of trading companies, property, yachts, helicopters and private aircraft for private and corporate clients.
He specialises in bespoke ownership structuring in multiple jurisdictions, providing special purpose entities for a variety of purposes, yacht and aircraft registration, tax/VAT mitigation and deferral, as well as managing sale and purchase transactions and the day to day oversight of specialist structures.
Andrew has key relationships with clients, bankers, customs agents, tax advisors, lawyers and intermediaries and is responsible for managing multiple EU VAT compliance and tax reclaims for ZEDRA’s clients.
Andrew trained with a firm of Chartered Certified Accountants, The Institute of Indirect Taxation and the Institute of Export and International Trade. He was instrumental in assisting ZEDRA to attain its Authorised Economic Operator status.
Head of Legal & Transport, Zampa DebattistaMore
Head of Legal & Transport, Zampa Debattista
Director, Sea GreeceMore
Director, Sea Greece
Jennifer specialises in yachting law advising on newbuild and secondhand transactions as well as ownership structures and flag registration options.
Jennifer’s first encounter with the superyacht industry was in 2005 whilst practicing ship finance as a UK solicitor at Constant & Constant when the partner she worked for took on Perini Navi as a client. A number of yachting clients followed and they went on to build a strong yachting practice for the firm. As her exposure to the yachting market grew she joined Hill Dickinson’s yachting team where she gained invaluable experience working with leading yachting lawyers.
A sharp career change came in 2015 when Jennifer joined the Greek yachting company, Oceda initially as the managing director and later as the communications director to allow for more focus on her private clients. Fully submerged in the Greek yachting market overseeing yacht formalities (port and customs), crewing, management and chartering matters while continuing to advise on legal and fiscal yachting issues gave her all-rounded experience on yacht operation from all perspectives.
After over 16 years in the global and local yachting market and still acting for clients who have been with her since career start Jennifer founded Sea Greece to provide the market with spot on, expert and transparent consultation and advice on cruising and operating in Greece as a commercial or private boat.
An acknowledged specialist on yachting in Greece, Jennifer is a regular speaker at yachting conferences and a contributor for yachting publications.
Director, Head of Yacht and Aviation Department, Rosemont Yacht ServicesMore
Director, Head of Yacht and Aviation Department, Rosemont Yacht Services
Janet has an international background and graduated at University of Aix-Marseille III. She has Masters in International/European and Maritime Law.
Since 2001 Janet has gained significant working experience in the yachting sector in Europe and recently in Asia and headed up the yacht departments of two other Luxembourg and Monaco based companies.
Her extensive legal, fiscal and commercial experience is further strengthened with a practical background in the yacht sector ensuring the delivery of a dedicated range of services to the most exacting standards.
As head of the Marine & Aviation Division, Janet leads a team of professional and highly experienced people who can assist owners and brokers during all the ownership process starting from the purchase or construction up to the sale by considering also their structuring, legal, tax, financing, registration, insurance, crewing and day to day administration needs.
Jan Delanote (° 1976, Ostend, Belgium) graduated as Licensee of Law in 2002 (Catholic University of Leuven). He obtained a postgraduate License in Transportation Law in 2003 (Université Libre de Bruxelles). In 2010 he obtained a Master after Master in Business Law (University of Antwerpen).
He was admitted to the Antwerp Bar in 2003 and joined Elegis in 2013. He has been for several years an assistant lecturer at the Catholic University of Leuven, department Special Contracts.
Jan Delanote is specialised in the areas of transportation, distribution and logistics and the related tax and customs aspects. In addition, he is also specialized in the management of enterprises, and contract formation between enterprises as well in a national as an international perspective. The focus lays hereby on providing the client with customized solutions, both in and outside proceedings.
Jan Delanote is author of several articles in the domains wherein he works.
Véronique Beeckx graduated as Master of Law in 2012 (University of Antwerp) and obtained a Master after Master degree in Maritime and Transport Law in 2013 (University of Antwerp).
Véronique started working for elegis Antwerp in 2013 and was admitted to the Antwerp Bar in that year.
Véronique specialises in transport law with a focus on maritime law. In addition, Véronique has wide-ranging experience in customs law.
Véronique especially serves logistic operators (shipping companies, ship agents, customs agents…) and their insurance companies.
Véronique is active in the Young Maritime Lawyers Association and is a member of the Belgian Maritime Law Association.
Véronique is a regular speaker at seminars and conferences
Associé/Partner, Richemont DelvisoMore
Associé/Partner, Richemont Delviso
Founder, Vaia LegalMore
Founder, Vaia Legal
Katrina founded Vaia Legal in 2021 after a number of years specializing in Maritime and Aviation Law, having graduated from the University of Malta in 2013. Experienced in yacht and aircraft sale and purchase transactions as well as ownership structures, customs importations and registration. Successfully assisted several companies in acquiring a Maltese Air Operator’s Certificate, as the key link between the applicant and local authorities, while also consulting on regulatory matters.
Proud member of the Chamber of Advocates, the Chamber of Commerce, Malta Business Aviation Association, Malta Maritime Law Association and the Advocacy Committee of the European Business Aviation Association
Geraldine has been working in yachting for almost 20 years. Starting as general secretary for a french yachting association, Geraldine was immediately involved in the legal, fiscal and regulatory side of the business. She was tasked with coordinating advisory services to brokerage houses grappling with newly introduced regulations for large yachts. In 2013, after setting up a fiscal representation company, she worked for a services company focused on Customs formalities and regulatory compliance.
Understanding the market required a more comprehensive approach to fiscal and regulatory matters, Geraldine and Thibault established H&V Yachting in 2019. Strategically located in Monaco, H&V Yachting offers the full-range of fiscal, VAT and Customs services for yachts operating in the EU.
Dr Geraldine Spiteri
Director, Advocate, AcumumMore
Dr Geraldine Spiteri
Director, Advocate, Acumum
Dr Geraldine Spiteri has been a Maltese advocate since 2002 and subsequently qualified in EU & Comparative Law (Magister Juris, University of Malta) and International Maritime Law (LL.M. IMO International Maritime Law Institute).
Geraldine manages the marine and aviation departments of Acumum with her main practice areas being maritime and yachting, aviation and transport and corporate law. Geraldine also lectures at various educational institutions in these fields.
Founder, BTM AccountingMore
Founder, BTM Accounting
As a Chartered Accountant, Alasdair Milroy has spent many years working closely with private clients and businesses managing their yachts, investments and estates . Up to this very day, he is a member of the Institute in Australia New Zealand, the Institute of Chartered Accountants in England and Wales, and STEP. You could say he is a truly global accountant.
In addition to this, he worked in financial services within the UK and Guernsey for over 20 years gaining valuable industry experience in senior positions; his most recent as Chief Executive Officer of a business providing a full range of services family offices, yacht managers and individual owners.
As well as having a strong financial background, Alasdair also has a longstanding love of the sea. His father was a merchant seaman and Captain in the Merchant Navy both in Britain and Australia; Alasdair was christened on the Sir Tristram RFA, spent many years of his childhood visiting merchant ships and is also a keen sailor.
Alasdair’s life has always had a connection to merchant mariners and the challenges of life at sea, so when he combined this with his training as a Chartered Accountant and his industry experience in financial services, it’s no real surprise that he went on to launch his own accounting practice. One that he could provide a more specialist and personal service.
Introducing Breaking the Mould Accounting Limited. Providing modern digital accounting services focused on using a technology stack based around Xero or other Cloud Accounting software, the firm primarily works in the maritime sector with yacht management, captains, owners, and family offices.
As a Superyacht Accountant and with his own firm, Alasdair has developed a high level of trust amongst clients and industry professionals within the maritime industry.
Co-founder, Zampa DebattistaMore
Co-founder, Zampa Debattista
Managing Director/Operations Manager, SOS YachtingMore
Managing Director/Operations Manager, SOS Yachting
Sanja Dujmic is Managing Director and Operations Manager of SOS Yachting Croatia and has been involved in the business since the company was set up in 2014.
SOS Yachting group represents over 700 superyacht ownerships and processes around 2000 charters each season.
Sanja, a native of Zagreb, holds a master’s degree in Economics from the University of Rijeka, Faculty of Tourism and Hospitality Management where she graduated in 2002.
After graduating, Sanja moved to Rijeka and began her career in the hospitality industry where she worked in a luxury hotel for 2 years.
Finally, she has found her passion in the yachting industry where she’s been for the last 17 years.
Prior to joining SOS Yachting team, Sanja worked for eight years in the head office of BWA Yachting Croatia in the position of Area Manager.
CEO, SOS YachtingMore
CEO, SOS Yachting
Frédéric is the new CEO of SOS Yachting – the Mediterranean’s leader on VAT fiscal representation catering to over 700 superyachts and processing near t0 2,000 charters in a season.
Offering in-depth knowledge of the worldwide luxury market, Frédéric has held several international roles, including postings to India, the United States, Great Britain, Japan, France, Hong Kong, and more recently Singapore, where he oversaw Southeast Asia & Australia for two brands within the Swiss-based luxury goods group Richemont.
Following his education in the United Kingdom and Switzerland, Frédéric embarked on an early engineering career with privately held machinery equipment manufacturer JCB and won a scholarship to attend Isambard Kingdom’s Brunel University where he included ‘Management’ as part of his studies.
After several years with his family textile business, Frédéric fine-tuned his learning and became an MBA graduate from HULT International Business School having opted to study at their Shanghai campus with rotations to São Paolo and San Francisco.
Upon his return to Europe in 2018, Frédéric was heavily involved in launching Aston Martin’s pioneering “Heritage Racing” orbit and within the sector of yachting, is perhaps best known for jointly spearheading LYBRA’s ‘The Superyacht Show’ as its Brand Partnerships Director.
Frédéric is Founder and CEO of Universal Luxury Consulting and brings over twenty years of international experience in brand and business development having worked with 45 different markets on six continents.
Associate, H&V YachtingMore
Associate, H&V Yachting
Chris has been working in the maritime industry since 1999. After graduating in Accounting and Marketing Chris started his career at P&O Cruises. In 2004 he moved to Princess Cruises where he managed passenger immigration and customs. After seven years as Excursion Manager in charge of marketing and operations, he decided to quit commercial shipping for yachting.
Following the introduction of new VAT regulations in the EU, Easy Tax hired Chris to manage fiscal representation operations in France and Monaco. In 2015 he was appointed commercial director, a position he combined with a management position at Customs4Yachts.
Chris’ in-depth operational knowledge coupled with his business development experience make him the perfect fit for H&V Yachting.
Joana Maldonado Reis
Joana Maldonado Reis
She has been particularly involved with matters related to corporate tax and indirect taxation and in the advisory of international and domestic clients, having vast experience in matters related to acquisitions, mergers, divisions and transfers of assets or exchanges of shares.
Joana is also recognized for her work in debt work out operations and in real estate investments, advising on conventional tax issues arising from those transactions.
With more than 20 years of professional experience, she has been particularly involved in restructuring operations in the Energy sector and has been assisting both developers and funders.
She is also regularly involved in a significant number of matters related to foreign investments in Portugal as well as Portuguese investments abroad.
Joana is invited on a regular basis to write articles and speak on tax matters related seminars.
DoubleTree by Hilton Brussels
Rue Gineste 3, 210 Brussels
Brussels, Belgium - DoubleTree by Hilton Brussels City, an eight-story hotel located just minutes from Brussels Grand Place, the Royal Gallery of Saint Hubert and more of the city’s main attractions,.
DoubleTree by Hilton Brussels City is located at Rue Gineste 3, 1210 Brussels, a stone’s throw away from Gare du Nord, with a direct train line to Brussels International Airport. On one side of the hotel you will find the Botanic Park with its blooming vegetation, an oasis full of native and exotic trees, along with garden roses. On the other, Place Rogier, with over 44,000 m² of office space, Brussels’ pedestrianised shopping streets, quirky brasseries and bars, with easy access to the European Institutions and the city’s Northern business district.
Hotel Bedroom Booking
If you want to book a hotel room for your stay then please use this link here Hotel Bedroom Booking
Sunday 15th October - 159 Euro
Monday 16th October - 199 Euro
Tuesday 17th October - 199 Euro
You can see full information on the hotel website here Hotel Information