We can help you register your yacht in the BVI. In order to do so we recommend you first incorporate a BVI IBC with nominee directors, then register the yacht in the name of the IBC.

We recommend that during the yacht registration process one of our representatives should be appointed a director of the BVI IBC or hold a power of attorney. This will ensure that he has the capacity to prepare and file all registration documentation in respect of the yacht with the BVI Registrar of Shipping.

Once the registration of the yacht is completed, our representative will resign as director.

Requirements:

In order to register your yacht in the BVI you will require the following:

• An application to register
• A declaration of Eligibility
• Original Documents of sale such as Bills of Sale, Builders Certificate.
• Certificate of Survey and Tonnage Measurement issued by one of our Classification Societies. If the vessel is over 24 metres in Load Line Length an International Tonnage Certificate (ITC69) is required
• Certificate of Incorporation (if a company is applying)
• Initial Registration fee
• If the ship is coming off a foreign register, the deletion certificate and an extract of their register is required
• If the ship is coming off a Red Ensign Register, the Closed Transcript and copy of original Certificate of Survey/Tonnage Certificate
• Any documents that are used to support an application and are in a foreign language must be accompanied by a notarized translation and it must be certified as correct by a notary public
• All applications must be accompanied with the appropriate fee. We can supply all the necessary forms from the Registry. When you apply to register your vessel you will have to make a list of nominated names. A list of fees and charges for registration are available at the Registry

Benefits of registering your yacht in the BVI:

There are several advantages some of which are:

• Registry is a member of the Red Ensign Group. Ships flying the Flag are entitled to British Diplomatic/ Consular support and Royal Navy Protection. BVI has access to the range technical expertise of the UK Maritime and Coastguard Agency.
• Registered ownership is permitted to citizens of and, companies registered in BVI, UK and all British Territories. Likewise, those of the EU, CARICOM & OECS are eligible for registration as Owners of BVI Ships.
• Low Initial Registration & Annual Maintenance fees.
• Registry is specialized in Yacht registration and Certificates are recognized worldwide.
• Facilitates are simple yet they provide secure registration of ship, mortgages, discharge of mortgages. The change or transfer of ownership or title to the vessel is easily verified with the Registry.
• Full corporate, legal, telecommunications and courier services readily available in BVI through our office. www.osiristrust.com. The BVI offers political and social Stability as well as access to the British Judicial System.
• The BVI is the Yachting Mecca of the Caribbean, and is equipped with modern state-of the art facilities, berths, accommodation, supplies and services.
• We pride ourselves on offering a prompt, courteous and efficient service.
• The Shipping Registry offers fully computerized Fleet Management System and Database.

Who may be the owner of a BVI registered ship?

• Citizens and/or Bodies corporate registered in the British Virgin Islands and any of the following:
  United Kingdom and it Crown Dependencies and Overseas Territories. Nationals of and bodies corporate incorporated in; Member State of the European Community (EC) or European Economic Area (EEA). Overseas Territory of Member of EC or EEA.
  (Bodies corporate must have a place of business in such Member State or Overseas Territory) One of the most common methods is to register a yacht in the name of a BVI company. We are happy to provide that incorporation service.

How to change ownership to the BVI

In order to change a registration to the BVI you require the following:

• A declaration of Eligibility
• The original of Bill(s) of Sale
• The Certificate of Incorporation (if company)
• The statutory fee

Fees

Our fees for registering your yacht are the following:

• The fee to incorporate an IBC: $1 750;
• To handle the registration: $2 850 (including Government)
• Plus disbursements

How to start the process

Please email us at osiristrust@surfbvi.com or telephone us at +1 284 494 9820, and we will send through the documentation to start the process.