If the owner intends to change the operation (use) of vessel, e.g. from "pleasure" to "commercial", a Certificate of Compliance issued under the rules of the respective Code of Practice, or other regulation must be submitted, with the fee for the new Certificate of Registry

Answer:

•  Application to register
• Declaration of Eligibility / Ownership
• Original Documents of Title/Ownership - Builder's Certificate/ Bills of Sale.
• Certificate of Survey and Tonnage Measurement issued by one of our Classification Societies. If the vessel is 24 metres or over in Load Line Length an International Tonnage Certificate (ITC69) is required
• Certificate of Incorporation (if a company is applying)
• Initial Registration fee: (Available on request, from Registry)
• If the ship is coming off a foreign register the deletion certificate which must also indicate the last owner of record.
• If ship coming off a Red Ensign Register the Closed Transcript and copy of original Certificate of Survey/Tonnage Certificate
• Any documents that are used to support an application and are in a foreign Language must be accompanied by a notarized translation into English language and it must be certified as correct by a notary public
•  All applications must be accompanied with the appropriate fee. We can supply all the necessary forms at the Registry. When you apply to register your vessel, please provide a list of proposed names in order of preference. A list of fees and charges for registration are also available at the Registry.
• In the case of vessels whose beneficial owners do not reside in the BVI, a local Representative Person (RP) must be appointed. This appointee may be either a Body Corporate or an individual. 

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.

• Register in good time.
• Always apply for registration well before you intend to sail.
• If a commercial vessel is involved ensure appropriate safety certificates are available and vessel surveyed by or on behalf of VISR before registration.
• Ensure that you have completed the necessary documentation properly and paid the correct fee.