Among all the flags you could choose for to register your yacht, the Barbados yacht ensign is the preferred option for most yachtsmen. Not only the Barbados yacht ensign provides the advantages of a tax efficient and stable jurisdiction, it is a recognized flag worldwide which enable flexible management and use of your yacht, either for your own private use, chartering or professional operations. Registering under Barbados flag enables the yacht owner, agents and operators to enjoy the favorable tax laws of Barbados.
Our team could assist not only with the registration of your yacht under Barbados yacht ensign, but also obtain the radio call signs and related services as well set up for you any holding company in this jurisdiction if required.
The Barbados Ships’ Registry offers the discerning ship operator a first-class personal service in all aspects of ship registration. White-listed in Paris MOU, accredited to ISO9001, the Barbados Ships’ Registry provides a quality-driven service second to none. Barbados has been a member of IMO since 1971, and has ratified many of the international Conventions that have been instrumental in shaping the world’s shipping legislation.
WHAT KIND OF VESSELS CAN BE REGISTERED IN BARBADOS?
- General cargo ships of unlimited tonnage;
- Yachts of up to 3000 gross tons; and
- Vessels previously covered under Category 2.
- Recreational craft and yachts of up to 400 gross tons (about 45m in length);
- Cargo and commercial craft of up to 150 gross tons (roughly 24m in length); and
- Domestic passenger ships on domestic voyages.
Our team of professional yacht agents will happily guide you to decide on the best suited flagging options for your yacht, based on the intended use of the vessel (private use, charter, VAT reclaim, export, …) as well other parameters such as taxes, insurance, mortgages and loans, boat & yacht finance and refinancing, all to fit with your personal circumstances.
While we are happy to register your vessel in the country of your choice, including through purpose-built holding companies and tax efficient ownership legal structures if necessary, we do have Memorandum of Understanding (MoU) to enable fast track registration with the following commercial ships and pleasure yachts registries: