Why You Need To Have The Yacht Registration Or Your Vessels At BVI Lands


British Virgin lands give you so many opportunities for the business you want to set up. Tax exemption and privacy with simple regulations to be followed are some of the best chances that these companies get. BVI incorporation can be done by various agencies that can do essential tasks required to set-up your office and get going with your business. While doing business at the place, it can be required to use the water ways for transportation of goods and logistics. Having a boat or a yacht can solve the problem of transporting logistics.

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Register your boat for free sailing

But sailing a boat without registration will be arrested by the Royal navy who will not allow the boat to sail without permission. Since BVI is a member of the Red Ensign group of British registrations so every ship must be registered and supported by the British Diplomatic.
Hence to get the support and sail freely, you can acquire the BVI yacht registration which is recognized worldwide. The ship which is registered is given the red ensign flag which is given to fly over the ship overhead. It shows everyone that the ship has been registered and is fully supported by the royal Navy and the British consular. The citizens of the land of BVI and the companies who are registered at the land can get the yacht registration.

Advantages of the registration of the yachts

What are the benefits that you can expect on getting the registration of the yacht?
Ø  You can get the protection of the asset from the confiscation orders which are received from the foreign countries and Government.
Ø  You need not to disclose of the minimum capital requirements.
Ø  Easy to maintain and operate the BVI company.
Ø  Confidentiality and anonymity of the shareholders and directors of the BVI Company.
So, once you get the registration, you can avail such benefits easily out of the registration.

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Types of vessels which can be registered

Here is a list provided of the vessels which can be registered by the yacht registration process.
Ø   You can register your cargo ships which can have the unlimited tonnage limit. These can be successfully used for the transportation of the goods for your company.
Ø  Private yachts which can weights up to 3000 gross tons.
Ø  Category 2 registered yachts or vessels can also get the yacht registration too.
Ø  Pleasure crafts are also inclusive and the yachts up to 400 gross tons and are of length 45 meters maximum.
Ø  Commercial crafts which are up to 150 gross and length of 24 meters can get the registration too.

Conclusion

At last it is essential to show some of the documents while getting the registration. You need to show the original bill of sale, builder’s certificate, certificate of tonnage and tonnage measurement certificate, certificate of the incorporation, declaration of eligibility, and application of register. Contact with any agency who will incorporate with your for the yacht registration. They will do all the tasks you need to do for the yacht registration.

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