As with any location in the world, there are certain things you will need in order to register a yacht or a ship in Vanuatu. This blog will discuss the required documentation as well as procedures and fees. Each piece of information detailed here is vital to ensure the vessel registration is approved. It is provided by the firm you will want to hire to be certain everything to do with Vanuatu is done correctly. More information on this company appears towards the end of this blog.
- Pleasure yacht application for registration
- Yacht owner’s declaration of pleasure
- Proof of ownership of vessel, must be notarized
- Registration of vessel or foreign marine document, certified copy required
- Proof of seaworthiness of vessel
- Proof of insurance for this vessel
- Two specific 4×8 color photos of your vessel. One must be of portside bow to stern. The second, from starboard side stern towards bow.
- Money for all required fees
- Radio Station License IF Vanuatu will be its home port
It is hereby noted that these procedures will go much more smoothly if you choose a company to represent you, as we discussed earlier.
In this section of the blog, we will talk about the mandatory fees. These must be provided for prior to acceptance of your vessel’s Vanuatu registration application. Be sure to allow for all of them in your budget; otherwise, your application will be rejected.
First you need a yacht registration fee to be paid. This is for a private vessel and includes a required Call Sign fee. You will need to have a Call Sign; therefore, this fee is mandatory. It also allows for a 5-year minimum annual registration fee. This goes to the Vanuatu Maritime Authority.
Other Required Fees
There is also the matter of the Vanuatu IBC and Yacht Registration fees. The idea of this is the incorporation of an international company within the country of Vanuatu. Amongst the things these fees get you are a registered office in this region, very important corporate officeholders for you and government charges for 12 months for contact details. All of these things are required in order to register your sea vessel(s) in Vanuatu. Once again, it will behoove you to hire an expert company to represent you.
Trade Board Limited
TOP Company Formation (TCF) is owned and operated by “Trade Board Limited”. Trade Board Limited is an authorized agent of the government of Vanuatu to process yachts and shipping vessels registration applications for clients from all over the world. Your application will be processed professionally and legally in short time. Trade Board Limited also offers additional services, being a Vanuatu Financial Services Commission agent and holding a PR license from the said commission allows the company to form companies in 3 days for clients from all over the world. All services are done remotely with no need for physical presence. Trade Board limited also promote Vanuatu permanent residency program and is a sub-agent for Vanuatu Citizenship Program.
Why Do You Need This Company?
We have touched upon this in various sections throughout this blog. Even the savviest of individuals will not know about all the applicable laws, fees, regulations and procedures afforded to Vanuatu. You need an expert to represent you. That is what Trade Board Limited does. They possess all the qualifications you will be needing, including yacht and shipping vessel registration experience. This makes us the perfect choice for you. Contact us today to begin!