Yacht and Ship ownership in British Virgin Islands

Advantages of Ship Registration in the BVI:

The following particulars will need to be presented for the provisional registration of a yacht:

The owner of the vessel must be a BVI company.

The vessel may not exceed 500 tons.

The complete process, assuming that documents are readily provided in good order, should take approximately one month.

2999 USD
3499 USD
3799 USD
3899 USD
Government filing fee for ship registration
Ship station radio license
Certificate of Deletion of vessel from previous registry
Company formation including goverment filing fees
Registered office address for 12 months
Apostille & documents legalisation
Company seal
Share certificate
Courier shipping fees
Nominee shareholder for 1 year  
Nominee director for 1 year  
The Power of Attorney  
Business account at Rietumu Bank (fast-track)    
HSBC Margin FX bank account (fast-track)    
Total cost 2999 USD 3499 USD 3799 USD 3899 USD
Annual service fees 1400 USD 1900 USD 1900 USD 1900 USD

Purchasing a yacht is a major acquisition which requires careful planning and consideration. We invite you to contact us for a Free Initial Consultation at [email protected]

Contact telephone:
0203 929 3535
Shelton Street
Covent Garden
[email protected]
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