ene 06 2011

Singapore

Fidelitas7 @ 15:16

Yacht registration in Singapore

Key Registry Features


	General

	Flag of Convenience		Yes

	IMO Conventions Adopted		All the principal IMO Conventions have been adopted

	Age Limit		17 Years – but older vessels are considered

	Size Restrictions		Min 1,600GT

	Ownership Requirements		The vessel must be owned by a Singapore citizen or by a company incorporated in Singapore (which may be locally or foreign owned)

	Registration Documents

	Documents Required		For Permanent Registration: Appointment of a manager (resident in Singapore) Provide evidence of ownership – Bill of Sale or Builder’s Certificate Tonnage Certificate Class Certificate Statutory Certificate A Deletion Certificate (if applicable) A certified Carving and Marking Note

	Registration Fees

	Registration		There is a minimum registration fee of S$ 2.50 per NT subject to a minimum of S$1,250 (500 NT) and a maximum of S$50,000 (20,000 NT)

	Annual		Annual Tonnage Tax is charged at S$0.20 per NT, subject to a minimum of S$100 (500 NT) and a maximum of S$10,000 (50,000 NT)

	Parallel Registration

			Parallel registration is not permitted

	Approved Classification Societies

			ABS, BV, CCS, DNV, GL, KRS, LR, NKK, RINA

	Crew Nationality

			No restriction on nationality