The registration of vessels in Seychelles is governed by the Merchant Shipping Act of 1995. Seychelles is the perfect choice for luxury boat registration, because of its modern facilities, streamlined registration process and attractive tax-planning opportunities.
The Seychelles have ratified a number of international maritime conventions and the Seychelles are a member of the United Nations, the Commonwealth, the group of non-aligned countries, the Indian Ocean Commission and the International Maritime Organisation.
To register a pleasure vessel in Seychelles, one would have to consider the following requirements:
Operating out of Seychelles territorial waters is exempt from taxes. When registering a second ship within 12 months of the first registration, owners are entitled to a discount of 30% on second ship. And parallel registration is possible and can be flagged by both registries.
In addition to all the above, Seychelles is member of the United Nations, the Commonwealth, the group of non-aligned countries, the Indian Ocean Commission, and the International Maritime Organization. Ships flying the Seychelles flag get friendly treatment worldwide!
Get in touch with Hensley&Cook, the number 1 Yacht Registrar in the Seychelles to know more about boat registration in the Seychelles.