Get Your Boat Registered in BVI

BVI is a favourite haunt for tourists as well as businesses across the globe. The friendly financial environment has made the place an one stop destination for financial services. On the other hand the more powerful factor behind BVI’s plenty is its tourism.

So you may choose a have a personal boat in BVI, or you may want to make the best out of the BVI tourism business by owning a boat.

However, in any case you need to get your boat registered. In fact for most of the activities in BVI you need a registration which is an expert’s business as a registration involves a number of legal and regulatory aspects.

So, for smooth BVI Boat Registration, hire a competent professional service for meaningful assistance.

Documents Needed

• Original builders certificate OR CE certificate

• Original bill of sale

• Deletion of previous registration if applicable

• Deletion of previous registration (if applicable)

• Declaration of Eligibility

• Closed Transcript and an extract of register is necessary only if the vessel is coming off a Red Ensign Register

• Certificate of Survey and Tonnage Measurement (CAN BE DONE BY ANY SURVEYOR ANYWHERE, AS LONG AS HE IS APPROVED BY ONE OF THE 7 SURVEY INSTITUTES)

• Certificate of Incorporation if you are registering as company

• Application to register

• All documents need to be notarized; even if documents are not in English, they need to translated and notarized.

Boats that can be registered

• Cargo and commercial craft of up to 150 gross and about 24 meters in length.

• Cargo ships of unlimited tonnage

• Pleasure crafts and yachts up to 400 gross and about maximum 45 meters

• Vessel previously registered under category 2

• Yachts of up to 3000 gross ton

Who Can Register?

BVI boat registrations are available to citizens of and companies registered in-

• The BVI

• The United Kingdom and its Crown dependencies and overseas territories

• A member of the European Union or European Economic Area

• The Caribbean Community

• The Organization of Eastern Caribbean States

Register as Private Owner or Company Ownership?

Often clients decide to establish an incorporated BVI company for the sole purpose of holding a ship. Here are the benefits of boat being owned by a BVI company are:

• Confidentiality and anonymity is ensured for the shareholders and directors of the BVI company

• Easy to maintain and operate a BVI company

• No disclosure

• No minimum capital requirements

• Protection of asset in case there is a confiscation orders from foreign governments

Conclusions

So, get your boat registered in BVI and get the advantage of the friendly business environment of the place. Holding a ship as a company owner and as a part of a BVI incorporation gives you a number of facilities and a scope to expand your business with your boat. However, for registration, a professional registration expert needs to be hired so that all the legal and regulatory compliance is achieved.