It is a legal requirement to register a yacht if it crosses international boarders and/or if it is over a certain size. The regulations of the country of registration are the rules that govern the yacht's operation. The registration documents are, in many cases, proof of title and ownership and are required if the yacht is inspected.
Some registration jurisdictions are viewed as more reputable than others. Operational requirements also vary between jurisdictions and it is important to select the best jurisdiction for the yacht and owner, giving consideration to the planned activity of the yacht.
The country of registration can also have effect with regard to VAT and other Taxes.
We identify the most suitable jurisdiction for the yacht, taking into account all above variables. We can arrange ownership structures to qualify with registration requirements. We also arrange the processing of the registration, including items such as classification, survey and the marking of the vessel.
It is important for an owner to have the registration of the yacht dealt with by professionals who understand the implications of registration in different jurisdictions and can process it efficiently. A yacht registered in the correct jurisdiction portrays an excellent image, gives security of title and allows the yacht to be operated in accordance with the owner's needs.
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