KNOWLEDGE BASE

YACHT & SHIP OWNERSHIP

Seychelles Yacht Registration

Overview Classification

OVERVIEW

The Seychelles offers an attractive "offshore" regime for the ownership and registration of yachts. A Seychelles citizen or company must own a yacht in order for it to fly the Seychelles flag. As regional pioneers in the industry, OCRA (Mauritius) Limited has considerable expertise in the formation and administration of zero or low tax Seychelles Companies and Seychelles yacht registration.

Seychelles is member of the United Nations, the Commonwealth, the group of non-aligned countries, the Indian Ocean Commission, and the International Maritime Organisation, and vessels flying the Seychelles flag benefit from friendly treatment worldwide.

If the vessel is not in Seychelles waters, it can be provisionally registered under a Seychelles flag at a diplomatic or consular representative abroad. It will later be permanently registered with the Seychelles Ship Registrar.

CLASSIFICATION

The Seychelles presently recognises the following classification societies:

  • Lloyd's Register of Shipping (UK)
  • Bureau Veritas (France)
  • Nippon Kaiji Ryokai (Japan)
  • Det Norske Veritas (Norway)
  • America Bureau of Shipping (USA)
  • Germanischer Lloyd (Germany)
  • Provisional Registration

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

  • A certificate signed by the builder containing various technical details relating to the yacht
  • Where the yacht has been registered under the law of a foreign country, evidence that registration in that country has ceased.
  • Proof of ownership of the yacht
  • A list of not less than three alternative names under which the ship is proposed to be registered
  • A radio license
  • Permanent Registration

After a period of 90 days, the yacht can be permanently registered. The yacht owner will need to submit further documentation:

  • An application for permanent registration
  • A Bill of Sale
  • Statutory Certificates
  • A Carving and Marking Note, which is issued by the Registrar of Shipping

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CONTACT A CONSULTANT

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 questionnaire:
Yacht Questionnaire

OCRA (Mauritius) Limited
2nd Floor Max City Building
Remy Ollier Street
Port Louis
Republic of Mauritius
Tel: 
Fax: 
Email: 
+230 217 5100
+230 217 5400
ocra@ocra-mauritius.com

Languages spoken in this office: English and French

REQUEST A CALLBACK

Dharmesh Naik, Cert (Comp), Cert.ICSA, TEP, F. MIoD (Group MD - Middle East and Africa) MAURITIUS OFFICE
Tel: 
Fax: 
+230 217 5100
+230 217 5400
Email: dnaik@ocra-mauritius.com
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Disclaimer: Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal or other
professional advice. OCRA Worldwide does not accept any responsibility, legal or otherwise, for any errors or omission.