British Virgin Islands Registration

Company

• Non-EU jurisdiction for VAT and crew employment
• No tax on any profits earned.

Port of Registry

• Non-EU status.
• Ports of registry are Road Harbour, White Bay and Gorda Sound.
• Chain of title required for yacht not previously registered elsewhere – otherwise only a Bill of Sale with Deletion Certificate
• BVI Representative required for yacht owned by non BVI company.
• No annual taxes but annual fee for maintenance of Register.
• Application and 6 months fee required for name reservation.
• EU companies or persons are qualified for registered ownership.
• Tonnage limited to 3000GRT.
• MCA Compliance surveys conducted by yacht’s Classification Society in conjunction with Flag.
• Radio and Operator’s licences only issued on completion of registration.
• Vessel’s safety equipment confirmation required.