If you decide to register your yacht in Gibraltar, a number of standard procedures and requirements need to be followed.

The first recommendable step in registering a pleasure yacht is to submit the notice of the name proposed form in order to ensure the name is available.

Newly built vessels

For a newly built vessel, the first document required is the original Builder’s Certificate duly executed by the builder. We will ensure that this document has clearly stated the name, address and nationality of the individual (applicant/owner) as first owner of the vessel. In the case of the document having been issued in any other name, then the Original Bill of sale signed by the vendor is also applicable.

Re-sold vessels

For a re-sold vessel which already holds the registration documents from the port it has initially been registered to, theOriginal Bill of sale signed by the vendorwill be required. Where the Original Bill of Sale has been executed outside Gibraltar, we would require it authenticated by a Public Notary to ensure the registration process runs as smoothly and quickly as possible. The original/certified copy of the deletion certificate issued from the previous registry is also required.

We willalso ensure that the right survey is being undertaken to the specifications of your vessel (either the Tonnage Measurement Survey for vessel under 24m or the International Tonnage Survey – for vessels over 24 m).

We will assist with engaging the best classification soceity to commission the survey – either one of the approved societies (American Bureau of Shipping, Bureau Veritas, Det Norske Veritas, Germanischer Lloyd, Lloyd’s Register of Shipping, RINA, etc.) or, for vessels under 24m, one of the appointed certifying authorities, authorized to undertake surveys for Gibraltar registrations (Yacht Brokers, Designers & Surveyors Association, MECAL Limited, The Society of Consulting Marine Engineers & Ship Surveyors, International Institute of Marine Surveying).

We will then assist with the vessel’s Carving and Marking Note, which shall confirm the vessel’s Name, Port of Registry, Official Number and Tonnage, and contact the registered agent or the representative of the authorized societyto have it signed before returning it to the Gibraltar Yacht Registry. Then the vessel’s Certificate of British Registry will be issued and provided to the owner.

If the ship’s owner is a company, we would also attach a copy of the Certificate of Incorporation, and an appointment of a representative person or registered agent.

Please note the Certificate of Registration is renewed every year.  Our firm can do this on behalf of the owners to avoid any possible inconvenience.

We would also make sure that, by the end of the registration process, you will have the required documentationincluded on the Certificate of the British Registry, such as The Radio Licencewhich requires a new form (Signal Letters) for those vessels equipped with a radio station.

To avoid any possible issuesduring the process of registering your yacht, please contact your us here. The complete list with the required documentation can be found here.

Advantages of registering in Gibraltar

Gibraltar is internationally renowned for its robust regulatory environment and for being a jurisdiction which favours entrepreneurship, innovation and creativity.

The Gibraltar Ship Registry is a prestigious register which also incorporates the Gibraltar Yacht Registry. Registering vessels under the British Flag has many advantages. One of the first compelling reasons to register a yacht in Gibraltar is that,in the last Gibraltar Government Budget 2012, import duty on yachts over 18m overall length was abolished meaning that vessels can resort to Gibraltar as their permanent base without incurring import duty.

From Gibraltar, ships can sail into EU waters for over a period of 18 months without being subjected to VAT.However it is of great importance to seek advice so as not to fall foul of the rules.

Other advantages of registering yachts in Gibraltar are:

  • Worldwide recognition
  • Outside of the EU VAT zone
  • British maritime protection
  • Tax-free fuel
  • Good reputation
  • Low cost set-up fee
  • Register of mortgagesproviding protection for lenders