What is the benefit of BVI registration?

There are several advantages, 10 of them are:

  • Registry is a member of the Red Ensign Group. Ships flying the Flag are entitled to British Diplomatic / Consular support and Royal Navy Protection. In addition to its own full survey and certification resources in-house, BVI has access to the range of technical expertise of the UK Maritime and Coastguard Agency.
  • Registered ownership is permitted to citizens of and, companies registered in BVI, UK and all BritishTerritories. Likewise, those of the EU, CARICOM & OECS are eligible for registration as Owners of Virgin Islands Ships. Other nationals (individuals and/or company) permitted to own minority interest in Virgin Islands ship.
  • Low Initial Registration & Annual Maintenance fees.
  • Registry is specialized in Yacht registration and Certificates are recognized worldwide.
  • Facilitates simple yet secure registration of ship, mortgages, discharge of mortgages, change/transfer of ownership and other proprietary interests and services.
  • Full corporate, legal, telecommunications and courier services readily available in BVI.
  • Political and social stability in BVI and British Judicial System.
  • BVI is the Yachting Mecca of the Caribbean, equipped with modern state-of-the -art facilities, berths, accommodation, supplies and services.
  • Prompt, courteous and efficient service. Fully computerized Fleet Management System and Database.
  • BVI is recognized worldwide as a reputable offshore financial centre, leading the world in company formation and related corporate services.