Madeira Management Companhia Limitada obtained the first Madeira management
licence in 1989 and is Madeira's leading management company. Our team of forty
legal and accounting professionals, specialise in making the Madeira International Business Centre ("MIBC")
accessible to shipping companies, businesses and their professional advisers.
Our shipping department is managed by Dra. Súzel Camacho, a Portuguese advocate,
who specialises in matters relating to shipping.
Some of the advantages of registering your ship in Madeira include:
The International Shipping Register of Madeira ("MAR") is a credible
alternative to other international registers and yet keeps the technical
discipline and safety, which characterises conventional shipping registers.
Under the MIBC Legislation vessels and yachts may be registered at MAR under
the Portuguese flag provided their activities do not amount to transportation of
goods between Portuguese ports. Transportation between Portuguese ports and
foreign ports is allowed.
Certain documents and information regarding the ship should be submitted to
the Technical Commission of MAR for analysis and this will vary depending on
whether it is a temporary or a permanent registration.
The shipping registry delegates some of its functions and recognises
certificates issued by specified classification societies. Among the functions
that may be delegated are the supervision and enforcement of rules concerning
stability, bulk cargo, on board security as well as the issuing of international
certificates concerning conventions and resolutions of the International
Maritime Organisation and the OLO.
Portugal presently recognises eight classification societies who are
certified to carry out their functions in the framework of MAR, they are:
The mortgagor and the mortgagee by written agreement may choose the legal
system of a particular country that shall govern the terms of the mortgage.
Should such agreement not be reached, the Portuguese law shall apply.
Purchasing a yacht is a major acquisition which requires careful planning and
consideration. As a dedicated division of OCRA Worldwide, OCRA Marine is
positioned to assist at every level. We invite you to contact the consultant
listed below for a Free Initial Consultation.
Our professional services go beyond yacht registration and include ownership
structuring that provides for beneficial VAT planning and tax mitigation (and/or
deferral). We are also able to arrange for yacht finance and vessel insurance,
and will take care of any project management requirements in addition to the
day-to-day maintenance and management of the vessel. In short, we take care of
all aspects of yacht ownership providing owners with a single and dedicated
point of contact for the ongoing management of their vessel.
If you would prefer to make contact with a consultant at one of our offices
who speaks your language,
click here for a full list of our office contact details, otherwise follow
the details below to make contact.
Alternatively, click on the link below to complete and submit our yacht
Languages spoken in this office: English, Portuguese, Spanish and
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