REGISTRATION
FRENCH INTERNATIONAL REGISTER The RIF offers attractive registration for professional yachts. Commercial vessels flying the French flag are ranked in the white list of the Paris MOU confirming the quality of French vessels in terms of compliance with international standards. The “Guichet unique” of the RIF is shipowners’ single window for any procedure or question relating to registration and the management of vessels and their crews. RIF offers quick and easy administrative procedures with no fees offering a renowned level of safety and security compliant with European Union rules for international crew. With full exemption from income tax for salaried seamen resident in France (on board more than 183 days over twelve months rolling). For more details Tel: +33(0)4 96 11 55 10 or visit
www.rif.mer.developpement-durable.gouv.fr
enter and stay in EU waters for a period of up to 18 months without being liable to pay VAT on the hull.
So it’s all very well choosing the right Registry for the yacht, but do the Registries have there own list of criteria before deciding to take a yacht onto its register? “Yes”, says, Welsh, “most registers have a list of acceptable states and each state has a different list”. As we move up in terms of size of yachts more and more vessels are registered by company not owner - privacy is a lot to do with that and a yacht listing is a public record”. Adds Brown at Baker Tilly, “The regulations on qualified owner vary from flag state to flag state. Some flag states also require a representative person in the country of registry, this is especially prevalent with commercial registry”. Ms Ayala is delighted to say there is no criteria to register the vessel or yacht under the Panamanian Flag,
no matter the nationality, residency of owner, the age nor the tonnage of vessel. But generally, and in the case of Antigua & Barbuda, “a genuine link should exist between the Flag State and the owners”, explains Registrar James. Antigua and Barbuda establishes such a link through a company. Owners have the option of an International Business Corporation (IBC) or an external company through a fast and easy procedure.
Traditional versus Open Registries is another question the owner will have to confront before he chooses the flag state for his boat. Traditional registries usually have restrictions on the composition of the crew, crew agreement, and wages. Generally open registries do not have restrictions on any part of the vessel operation. Antigua and
Barbuda as an open registry, works with owners/operations to meet their needs.
Explains Welsh, “There are open registers eg; Marshall Islands that set up to benefit from yachting. Then you the National registers eg; Germany, UK, Denmark and International registers such as the Isle of Man. National registers tend to be more pragmatic and client focused. The smaller, client focused registers tend to be best. Malta (open register) is now competing
GENERAL CONSULAT OF
PANAMA IN MARSEILLE Through its privilege geographic location, Panama offers incentives on financial, banking and maritime services. The General Consulate of Panama located in the Vieux-Port of Marseille, offers the registry of pleasure yachts and vessels of all types. The Consulate provides the Seaman Books for officials and crew. All their clients can pay taxes and other services directly in the Consulate, paying the official prices of the Panama Maritime Authority, without any intermediaries or brokers. The only Consulate of Marine Marchant in France offering a wide range of services, including authentication of signature and certification of documents. For more details Tel: +33 (0)4 91 90 05 84
consulatgeneraldepanamamarseille.com
ONBOARD | SUMMER 2018 | 121
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