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Sarnia Yachts Limited

Navigating the Complex World of Yacht Ownership & Operation

Sarnia Yachts has provided yacht ownership and operational services for over 40 years. With offices in Guernsey and Malta, we formulate and deliver the best, long-term solutions for owners of both private and commercial yachts.
NEW Sarna 160x160

Location Information

PO Box 657
La Plaiderie House
St Peter Port
GY1 3PR
Channel Islands

Regions Serviced

  • World Wide

Products / Services

  • Yacht Fiduciary
  • Corporate Structures
  • EU VAT
  • Yacht Administration Services
  • Crew and Payroll
  • Consultancy and Guidance
  • Flag Registration

Description

Sarnia Yachts provides a diverse and flexible range of services including yacht administration, VAT management, flag registration, crew employment and payroll and corporate yacht ownership.

Trusted by yacht owners, trust and family offices, lawyers and yacht brokers, Sarnia is one of the longest standing fiduciaries in the marine sector with a team of 26 in the Guernsey office and a further two in our new Malta office.

Yacht ownership and operations have become highly regulated with numerous laws and potential pitfalls to be avoided. It’s the details that make the difference and Sarnia guides you through these complexities so you can relax and enjoy your yacht with total peace of mind.

Sarnia is licensed by the Guernsey Financial Services Commission to provide fiduciary services and Malta Financial Services Authority to provide corporate services.

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Change to Cabotage Declaration Requirements for Charter Yachts in France

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.
Supporting documentation was also required either to be submitted or held on board, to be shown in the event of an inspection. This documentation included crew lists, a copy of the Seafarers Employment Agreement in French, a copy of the payslips in French, a safe manning document and MLC compliance documentation.

The 70% rule in French waters

This lobbying has been successful and the French authorities have confirmed that the Cabotage Declaration does not apply to yachts that meet the 70% trip rule under the French Commercial Exemption. For those yachts that do not meet this criterion, the Cabotage Declaration together with the supporting documentation will still need to be filed.
Supporting documentation was also required either to be submitted or held on board, to be shown in the event of an inspection. This documentation included crew lists, a copy of the Seafarers Employment Agreement in French, a copy of the payslips in French, a safe manning document and MLC compliance documentation.
Not only did this mean more paperwork for crews to deal with but these requirements also caused problems for yachts wishing to undertake voyages at short notice. The French Chamber of Commerce for Industry together with a number of the industry bodies including MYBA, ECPY and the PYA, supported by a French legal team, lobbied the French government, arguing that this new legislation should not apply to yachts that mainly sail outside of French territorial waters.
Although this is indeed great news for the superyacht and yacht charter industry, it does add yet another factor to be considered by yacht operators and managers, in an already complex field. The French Commercial Exemption has evolved over the last few years and 2016 is looking to be another year of change.

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