Sar­nia opens Malta of­fice

Malta Independent - - NEWS -

Sar­nia Yachts, one of the largest yacht fidu­cia­ries in Europe, has opened a new of­fice in Malta. The com­pany’s head­quar­ters in Guernsey will work seam­lessly with the Malta team to of­fer yacht op­er­a­tion, own­er­ship and ad­min­is­tra­tion ser­vices.

The new of­fice will es­tab­lish and ad­min­is­ter Mal­tese com­pa­nies, han­dle Mal­tese flag reg­is­tra­tions, of­fer VAT ad­min­is­tra­tion, Mal­tese Leas­ing and other lo­cally­based ser­vices for both pri­vate and com­mer­cial yachts.

Hav­ing a team on the ground in Malta also pro­vides ad­di­tional sup­port for the many yachts that are re­quired to visit Malta. The new of­fice in Flo­ri­ana, close to Grand Har­bour, will al­low Sar­nia to give a per­sonal ser­vice to clients and cap­tains dur­ing their vis­its to Malta and en­sure that the yacht can de­part promptly.

Patrick Spi­teri has been ap­pointed Man­ag­ing Di­rec­tor of Sar­nia Yachts (Malta). His fidu­ciary back­ground ex­tends to tax com­pli­ance and struc­ture so­lu­tions across sev­eral Euro­pean ju­ris­dic­tions.

‘Sar­nia has been pro­vid­ing a range of Mal­tese ser­vices for many years and as the Malta busi­ness has grown it be­came nec­es­sary to have our own li­censed op­er­a­tion based there,’ ex­plains Bruce Malt­wood, Busi­ness De­vel­op­ment Di­rec­tor.

‘The qual­ity of our ser­vice is para­mount to Sar­nia and our clients, so hav­ing our team in Malta en­sures we can pro­vide the same high stan­dard of client ser­vice that we have de­liv­ered from Guernsey for the past 45 years. We’ve al­ways been a spe­cial­ist marine fidu­ciary and with our fo­cus only on the yacht­ing in­dus­try, hav­ing a pres­ence in Malta makes sense.’

Malta is ge­o­graph­i­cally well po­si­tioned in the cen­tral Mediter­ranean for yachts tran­sit­ing be­tween East and West and has ex­tended its al­ready well-known and well-re­garded ship­ping reg­istry and leg­is­la­tion to be­come one of the most pop­u­lar flag states for EU-flagged yachts.

Sar­nia has over 40 years’ ex­pe­ri­ence in yacht own­er­ship and op­er­a­tional ser­vices. Be­tween the two of­fices, 30 staff pro­vide a di­verse and flex­i­ble range of ser­vices in­clud­ing yacht ad­min­is­tra­tion, VAT man­age­ment, flag reg­is­tra­tion, crew em­ploy­ment and pay­roll and cor­po­rate yacht own­er­ship.

Alas­dair Mil­roy, Man­ag­ing Di­rec­tor com­ments: ‘The ex­ten­sion of Sar­nia’s busi­ness into Malta is an ex­cit­ing step. We con­tinue to ex­pand but will al­ways re­main focused on cus­tomer ser­vice. Malta of­fers many at­trac­tive op­tions for both com­mer­cial and pri­vate own­ers and Sar­nia con­tin­ues to of­fer the spe­cial­ist yacht ser­vices it has al­ways been known for, with the added con­ve­nience of two lo­ca­tions.’

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