Yacht Registration Services in the Seychelles

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.

Who to Contact

If you are interested in more information regarding the registration of your yacht in the Seychelles, please contact Levi Weisz, Managing Director of Australia-Offshore:

	SENIOR COUNSEL, DIRECTOR Levi WEISZ Levi is experienced in business structuring for small and medium companies. He holds a Master of International and European Business Law, University Paris Ouest-Nanterre La Défense in France and a Master in International Taxation from the University of New South Wales. Levi spent 2 years as an assistant general counsel of STARLIMS, a high-tech company listed on NASDAQ and based in Tel Aviv, Israel. Before coming to Australia, Levi worked in the Tax and Corporate department of Squire Sanders, an international Law firm based in Paris, France. Tel : + 61 (451) 673 770 Fax : + 61 (291) 227 144 E-mail :

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