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Advantages and Procedures for the Registration of a Pleasure Yacht in Gibraltar
There are a number of advantages and benefits to registering a yacht owned by a Gibraltar company – under the flag of Gibraltar:
- Gibraltar is out of the VAT zone and has no VAT system which may mean there’s no requirement to charge VAT upon selling of the vessel.
- Vessels can be registered in a Gibraltar company name, meaning there’s added privacy to your vessel ownership, compared to registering in your own name. It can also help with the obtaining of documents for the captain of the vessel, and can make inheritance of your vessel simpler and easier in the event of your passing.
- Vessels registered in Gibraltar and registered as British flag vessels fly the prestigious Red Ensign flag.
- Owners can take advantage of the ability to seek assistance from any of the British embassies and consulates worldwide where the vessel may be situated.
- Legal title of yacht ownership on registration or transfer of ownership is straightforward.
Our services include the following:
- FULL REGISTRATION
- PROVISIONAL REGISTRATION
- TRANSFER OF OWNERSHIP
- REGISTRATION OF A MORTGAGE
- DISCHARGE OF A REGISTERED MORTGAGE
- TRANSFER OF PORT TO GIBRALTAR FROM ANY OTHER BRITISH PORT
- CERTIFICATE OF DELETION
- TRANSCRIPT OF REGISTER
- RESTORATION OF REGISTRATION
Either telephone us or email for a chat about the offshore incorporation services we can assist you with.
13, 1 Line Wall Rd, Gibraltar GX11 1AA, Gibraltar
00 350 200 77779
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Whether you are an experienced Intermediary/Introducer, looking to incorporate a Gibraltar company for your client, or a person in business looking to integrate a Gibraltar company with your present business plans – we can help