Bermuda Yacht Registration

Bermuda Yacht Registration

1 Jan 2021

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 1^st.
• 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.