News & Insight Open Menu

Bermuda Registration

posted by Dan Armsden

Company

  • Non-EU jurisdiction.
  • No tax on any profits earned.

Port of Registry

  • Non-EU status. Port of Registry is Hamilton.
  • Annual Tonnage Tax charged on April 1st.
  • No chain of title required for registration – only a Notarised title document with Deletion Certificate
  • EU persons or companies are qualified for registered ownership.
  • Bermuda representative required for yacht owned by non Bermuda company.
  • MCA compliance surveys conducted by Classification Society in conjunction with Flag.
  • Declaration of compliance to Class XII yacht safety requirements required.
  • Radio licences only issued on completion of registration.

We oversee the whole registration process resulting in the delivery of the Certificate of Registry