Registration OF YACHTS IN PANAMA, BVI, BELIZE

Yacht registration has become an art.

To register a yacht is as easy as registering a car of daily use, but has further taxation optimization consideration.

The main purpose of the yacht registration in Panama, Belize, BVI or the UK, is to provide proof of ownership, while having experts like Gerli & Co. Law Firm in Panama structure a tax optimized structure that will enable safe enjoyment of the vessel without burden or worry of taxation issues.

Panama Ship Registration and Private Yacht Registration in Panama is our passion. As a professional agent, Panama Maritime Consultants, a Panamanian Maritime Law Firm, founded by Attorney Ismael Gerli, enables shipowners, managers and charterers to take advantage of favorable fiscal regimes and global support throughout the maritime industry. Gerli & Co. Law Firm offers advice as to the flag of convenience that would best suit to your needs, in terms of the requirements of each owner, be it Taxation, Charter, Crewing or other purposes.

Most Yacht and Ship owners prefer to keep their ownership confidential, therefore the majority of yachts and ships are owned by companies and corporations rather than individuals. Furthermore, today tax optimized structures offer an ensured enjoyment and tax burden free optimized usage.

In selecting a suitable jurisdiction and a flag for the vessel, one must consider a number of factors to take into account.

MAIN FACTORS ARE:

Registration costs and annual fees
Flag and the jurisdiction reputation due to tax implications more than any technical reason
Tax implications, nationality of the owner and the expected area of enjoyment

Panama Maritime Consultants, a Panamanian Maritime Law Firm can advise on any of the following aspects:

Yacht and ship registration in several maritime jurisdictions (Panama, Belize, BVI, Panama Ship Registry, Panama Maritime Authority, Panama Maritime Law, IMMARBE, International Merchant Marine Registry of Belize, Ship Registrar of BVI, Ship Registry of BVI, Ship Registry of St. Vincent, corporate structure with the necessary lease agreement and nominee directors that ensure owners are keep confidential;

Technical certificates and pre-surveys, if needed;
Taxation, as well as VAT planning and structuring;
Spare part technical services and full offshore management;

Other Services:

OFFSHORE BUSINESS - (Company formation BVI, Belize, Panama, Seychelles, UK, New Zealand, Trust Services, Foundations of Private Interest, re-invoicing, fiduciary services, bank accounts, nominee services, Commercial license for Payment Management, Payroll Services Processing, Factoring, Leasing, collection of bills, currency exchange, Debit and Credit card management, escrow accounts, prepaid cards, fiduciary fund management, payroll management, international business, tax optimization, among other).

SHIPPING - (Vessel registration, preliminary registrations, mortgage recordation, title registration, overnight registrations, single voyage special registrations, annual inspections, crew endorsements, statutory certificates, technical certificates, radio accounting, among others).

CORPORATE - (Contracts, agreements, business contacts and development, advisory, corporate representation, among others).

ADMINISTRATIVE - (Government contracts, bids, Immigration, residencies, Second Passport program and residencies for investors that wish to establish in Panama while purchasing real estate property.) Provision of Real Estate purchase/brokerage in New York, VIP Limousine service and legal advice from professional New York State lawyers.

Provision of Real Estate purchase/brokerage in New York, VIP Limousine service and legal advice from professional New York State lawyers.

 

Ship, Yacht and Naval RegistrationStatutory CertificatesShip ManagersTransit Agents through the Panama CanalOffshore CompaniesTrading Advice