News & Insights

Potential tax liability for Italian new build yachts

Potential tax liability for Italian new build yachts

Commissioning a new yacht can be an exciting time however before signing up to their dream build, prospective owners should step back and consider how best to contract with the shipyard. Security for an owner is critical during the construction of a new yacht, as...

Sarnia Yachts acquisition by Praxis completes

Sarnia Yachts acquisition by Praxis completes

 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...

Tim Joyce

Tim has over 35 years experience in the fiduciary and banking sector. During this time he focused on developing and administering the best ways to look after clients’ assets and his move to yacht fiduciary was a natural step for someone who loves to sail.He joined...

Sophie Martin

Sophie has worked in Yacht Management for almost 4 years. Before that Sophie worked onboard the second largest superyacht in the world as a Deck Clerk/PA to the Captain and Purser, during this time Sophie was able travel around the Caribbean and Croatian coast. In her...

Sarah Douglas

Sarah is Managing Director of Sarnia Yachts Limited, our Guernsey regulated fiduciary business. Sarah qualified as a Chartered Accountant with KPMG before later specialising in regulatory compliance. Whilst living in Sydney she worked for Westpac’s Global Chief...

Rosanne Hili

Rosanne joined the Sarnia Yachts Malta team in March 2022 as part of the client accounting department. Rosanne has significant financial experience prior to Sarnia Yachts including working as a Credit Controller/Executive for one of the big telecommunications...

Oliver Foster

Ollie joined the Sarnia Yachts team in March 2023 as Yacht Accountant. He forms part of the Yacht Management team but spanning responsibilities across our Client Accounting team also. Ollie joins us from an accounting firm and is going to be studying his CIMA...

Natalie Cole

Natalie has worked for Sarnia Yachts since February 2020 and does all the bookkeeping on the practice side which includes vendor payments, raising sales invoices, crew payroll, posting cash receipts and processing purchase invoices and much more. Natalie loves the...

Nadine Mroch

Nadine joined Sarnia Yachts in December 1996 and has over 25 years’ experience in the yachting industry. Having started her working life in the secretarial department of a local trust company, Nadine hasn’t looked back since taking on an administrative role at Sarnia,...

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