News & Insight Open Menu

UK Yacht Registration

posted by Julia O'Brien

Company

  • An EU jurisdiction approved by the Italian fiscal authorities for Italian residents.
  • Should a UK company be used for a charter yacht, consideration should be given to Corporation Tax on any profits earned.

Ports of Registry

  • Full EU status.
  • 114 ports of registry all of which mirror the EU VAT paid status of a yacht, London being the most widely used.
  • Unlimited tonnage and age of vessel.
  • Original 5-year chain of title is required for ‘Private Pleasure’ registration (if difficult to obtain then an IOM port is a possible alternative).
  • EU or EEA companies or persons are qualified for registered ownership.
  • 3 month non renewable Provisional Certificate of Registry available and priority processing fees for speedy processing (sometimes suspended during busy periods).
  • 5 year renewals of Certificates of Registry. No annual taxes.
  • Names can only be reserved with application and registration fee.
  • UK representative required for yacht owned by non UK company or person.
  • MCA compliance surveys conducted by Ensign (MCA Large Yacht unit) for over 24m or Classification Society for under 24m.
  • Yachts may transfer in from another British port without a new tonnage survey provided copy of ITC69 is provided.
  • Yachts may register with a British Deletion Certificate within 1 year without a new tonnage survey provided copies of last survey certificates are available.
  • Radio licences and Inmarsat commissioning available at any time prior to registration.

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