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Yacht and boat registration
Lawson&Wang offers support services for registering yachts and vessels in any attractive offshore jurisdiction. The list of potential countries for registering vessels is traditionally topped by the British Virgin Islands (BVI), a leader among offshore territories that offers undeniable advantages.
Lawson&Wang offers support services for registering yachts and vessels in any attractive offshore jurisdiction. The list of potential countries for registering vessels is traditionally topped by the British Virgin Islands (BVI), a leader among offshore territories that offers undeniable advantages.
Pros of having yachts or vessels registered in the BVI
The BVI shipping registry is part of red ensign group.
Ability to sail under the british flag.
Protection of the british consular service, british judicial system, royal navy and british naval forces.
Unlimited registration period (may be reduced to 10 years due to the transition from the 2nd registry to the 1st one).
No taxes on profits generated by using or reselling the vessel.
Confidentiality of owner information (allows minimizing both business risks arising from competition, insolvency or potential personal claims).
Easy transfer of title to your vessel (no tax or bureaucratic costs since it is not the vessel that is sold but shares in the company, therefore, the owner can actually be changed without a change in the name specified in documents).
Pros of having yachts or vessels registered in the BVI
The BVI shipping registry is part of red ensign group.
Ability to sail under the british flag.
Protection of the british consular service, british judicial system, royal navy and british naval forces.
Unlimited registration period (may be reduced to 10 years due to the transition from the 2nd registry to the 1st one).
No taxes on profits generated by using or reselling the vessel.
Confidentiality of owner information (allows minimizing both business risks arising from competition, insolvency or potential personal claims).
Easy transfer of title to your vessel (no tax or bureaucratic costs since it is not the vessel that is sold but shares in the company, therefore, the owner can actually be changed without a change in the name specified in documents).
A citizen of the British Virgin Islands
A UK citizen or citizen of a British protectorate country
A legal entity incorporated in accordance with the laws of the British Virgin Islands
Small yachts or vessels
Whose displacement tonnage is up to 399 tonnes
An active offshore company
An active bank account
A citizen of the British Virgin Islands
A UK citizen or citizen of a British protectorate country
A legal entity incorporated in accordance with the laws of the British Virgin Islands