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REGISTRATION


MCA - UK SHIP REGISTER Effortless ship registration and tailored service for large yacht owners. Their personalised service means that MCA are always going the extra mile for their clients. UK Ship Register owners and captains enjoy direct, personal contact and custom-made flexible packages designed to suit their personal needs. By joining the UK Fleet, they become part of one of the world’s best performing yachting communities, renowned globally for its high standard of safety, innovation and respectability. Their dedicated Large Yacht Services team are available to provide tailored services and advice to owners and managers globally. For more details Tel: +44 (0) 2038172014 email: large.yachts@mcga.gov.uk visit www.ukshipregister.co.uk


A flag state with the lowest fees or the least intrusive regulatory regime is fine when things are running smoothly, but when problems arise you will find out the value of a good flag state. And with Port State Control visits aboard on the increase and detentions more frequent, you’ll want a flag state that can guide you through these issues. “In the Isle of Man,” says Mitchell, “our survey team has developed a unique scheme aimed at helping a commercial yacht navigate Port State Control (PSC). Each commercial yacht


At MCA LYS we do not differentiate between commercial yachts and voluntary compliance yachts – all are provided with the same high level of service and contact


YACHT REGISTRATION


ASSOCIATES Established in 2003 by yacht owners who had been active in the yachting industry since 1996, the company provides a number of services including; ownership structuring, flag registration under any EU flag, assistance in the acquisition process, VAT cost minimising, full yacht administration inclusive of ISM & MLC, class documentation, full accountancy and corporate services including tax filings and liaising with your yachting service providers. The company is a fully government licensed governmental maritime manager, and a member of the Maritime Cluster. The one and only perfect flag simply does not exist, but together with your fiscal and corporate counsels, they will find the one best suiting your individual needs and interests. For more details Tel: + 352 27 40 22 22 or visit www.thatsit.lu


gets an appointment with an experienced surveyor who will help identify areas that PSC may take an interest in and ensure records and paperwork are up to date.”


The attraction of open flags or offshore registries is sometimes seen as low tax implications, low transparency of ownership, low regulatory burden. The offshore Cayman Islands holds approximately


ONBOARD | AUTUMN 2021 | 189


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