Sarnia Yachts has today announced that, subject to receiving regulatory and competition authority approval, it is being acquired by independent global private wealth and corporate services provider Praxis, in a strategic move that will expand its existing yacht...
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Crew Portal
In recent months, Sarnia Yachts have developed new technology which allows clients to run their luxury asset efficiently and effectively. This ultimately results in a smooth operation for our owners so they can get the most satisfaction from their investment. The Crew...
Withholding Tax Implications for Yachts Chartering in the Mediterranean
Updated January 2019 Yacht owners established in territories such as Cayman, BVI, Isle of Man, Guernsey and Jersey need to be aware that withholding tax of up to 33% is being applied to charters in some EU territories. Spain, France and more recently Greece are...
Change to Cabotage France
The story so far On 1 November 2015, the French Maritime Authorities implemented new legislation that required a Cabotage Declaration to be filed by all foreign charter yachts under 650GT, 72 hours prior to the departure of each and every voyage commencing in France....