Global private wealth and corporate services provider Praxis has completed the acquisition of Sarnia Yachts. The deal, which was initially announced in mid-May, adds a diverse range of services, including yacht ownership, yacht management, crew management, yacht...
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...
Company Non-EU jurisdiction but status of location confusing. No tax on any profits earned. Port of Registry Non-EU status but location confusing. No chain of title required for registration – only a Bill of Sale with Deletion Certificate. Yachts must be under 20...
Company EU jurisdiction Port of Registry Full EU status Port of registry is ‘Valetta’ Open to non Maltese owners but Maltese resident agent required Vessels under construction may be registered Initial 6 months provisional registration prior to full registration...
Company Non-EU jurisdiction. No tax on any profits earned. Port of Registry Non-EU status. Port of Registry is Hamilton. Annual Tonnage Tax charged on April 1st. No chain of title required for registration – only a Notarised title document with Deletion Certificate EU...
Company Non-EU jurisdiction for VAT and crew employment No tax on any profits earned. Port of Registry Non-EU status. Ports of registry are Road Harbour, White Bay and Gorda Sound. Chain of title required for yacht not previously registered elsewhere – otherwise only...
Company Non-EU jurisdictions for both VAT and crew employment. No tax on any profits earned. Ports of Registry No chain of title required for Guernsey registration – only a Bill of Sale with Deletion Certificate – British entities only qualify as registered owner. No...
Company A non EU jurisdiction for VAT following Brexit No tax on any profits earned. Ports of Registry 4 ports of registry- Douglas, Peel, Ramsey and Castletown. Unlimited tonnage but yachts up to 20 years of age accepted. No chain of title required for registration –...
Company Non-EU jurisdiction for VAT and crew employment. No tax on any profits earned. Ports of Registry Non-EU status. 3 ports of registry – George Town, The Creek and Bloody Bay. Annual Tonnage tax charged January 1st. Any tonnage accepted. No chain of title...