News archive for July 2025 Marine Accounts October 26 Newsletter Introducing Cormorant Ocean Racing Read now 4 minute read Special Purpose Vehicles (SPVs) in Property: Strategic Structures for Smarter Real Estate Investing When it comes to property investment and development, the structure through which assets are held can significantly influence financial performance, tax efficiency, and legal exposure. One increasingly popular structure in the real estate world is the Special Purpose Vehicle (SPV); a standalone company set up solely to own or manage a specific property or project. Often formed as a limited company, an SPV is legally distinct from its shareholders and has no purpose beyond the asset it was created to hold. This simplicity and focus are what make SPVs particularly useful in property transactions, where clarity of ownership and liability containment are critical. Patrick Maflin Patrick Maflin 14 Jul 2025 2 minute read Maltese Social Security and the Yachting Industry In the yachting world, where professionalism and precision are vital, crew welfare and legal compliance are key pillars of responsible yacht ownership. For yachts registered under the Maltese flag, ensuring your crew is correctly enrolled in Malta’s social security system is not only a legal obligation but a smart business move. Patrick Maflin Patrick Maflin 04 Jul 2025 6 minute read Who Needs a Boatmasters’ Licence & How to Get One? From ferries and tugs to luxury river cruises, a Boatmasters' Licence is essential for many UK waterway roles. Discover who needs one, how to qualify, what training is involved, and how to navigate the process from application to certification. Patrick Maflin Patrick Maflin 01 Jul 2025