Structured Ownership

Structured yacht ownership can provide many benefits and peace of mind to owners of all sizes and types of vessel.

Forming a Company or Partnership to own and operate a yacht will provide asset protection for the owner and can provide a number of other benefits including:

• Qualification for a flag not available to the individual owner
• Delegation of the day-to-day running of the yacht
• Access to yachting expertise and contacts
• Ring fencing the yacht from a liability perspective
• Beneficial Owner Discretion
• VAT registration at a suitable jurisdiction for commercial yachts

Sarnia works with you in selecting the most appropriate structure and jurisdiction for incorporation.

We can manage the whole process from start to finish and administer the corporate yacht owning entity going forward ensuring it complies with all of its regulatory obligations.

Alternatively, we can work alongside an owner’s legal and fiduciary teams, assisting with specialist knowledge and up-to-date understanding of today’s regulations in this specialist sector. 

Regulated Companies

The Sarnia Yachts Group is comprised of many different companies each specialising in the provision of different services to yacht owners. As you’d expect with company formation and administration, the Sarnia entities which provide these services are regulated, with Sarnia Yachts Limited regulated by the Guernsey Financial Services Commission and Sarnia Yachts Malta Limited regulated by the Malta Financial Services Authority.

As part of the ongoing administration following incorporation we provide company directors, a company secretary, a registered office, and these services also fall under the provision of regulated services.

In the event that we advise on the corporate structure, rather than form it ourselves, Sarnia can provide ongoing consultancy and guidance to the corporate service provider to ensure a smooth passage for the company.