Advantages of Registering a Vessel in Gibraltar
Gibraltar is situated at the entrance to the Mediterranean and is the gateway into Africa and Europe. The facilities provided by its local marinas means that it is ideally placed to service all mooring, and maintenance needs.
Any foreign national, through a Gibraltar company, can own and register a vessel on the British Register of shipping.
Gibraltar’s status within the EU exempts it from levying VAT on goods and services as it does not form part of the EU’s Common Customs Tariff area.
So, What are the Advantages of Registering a Yacht in Gibraltar ?
• All vessels registered in Gibraltar are registered as British flag vessels with documentation being identical to the UK requirements and are required to fly the Red Ensign.
• No VAT in Gibraltar.
• No import duty if your vessel is not based in Gibraltar.
• No tax on the sale of your vessel (when owned by a Gibraltar Company).
• The ability to seek assistance from any of the British embassies and consulates worldwide where the vessel may be situated as well as protection from the Royal Navy.
• Import duty on marine fuel is zero. (0%)
• Goods delivered to yachts in transit are VAT free.
• Fast simple registration process. Legal title of yacht ownership on registration or transfer of ownership is a straightforward process.
• No restrictions on size or tonnage of private pleasure yachts for registration in Gibraltar.
Whatever Your Vessel, Wherever Your Vessel.
Europa Trust Company Ltd, through its Europa Marine Consultants Ltd subsidiary, provides a full range of services to seafarers. We can register a vessel in almost any port Worldwide. Our offices are conveniently situated overlooking the Marina Bay in Gibraltar. We offer the following marine services:
• Registration of vessels worldwide: Europa Trust Company Ltd can register vessels in virtually any worldwide port of registry.
• Procurement of marine insurance and legal advice.
• Europa Trust Company can provide radio licensing as an accounting authority.
• Purchase and sale contracts.
• Operating permits.
• Crew licenses and payment set-ups.
• Registration of vessels under British flag in Gibraltar
Europa Trust Company Ltd is based in Gibraltar and for 30 years has built a reputation as a stable and reputable business.
We offer a comprehensive range of company and trust formation and management services including company and trust administration, corporate directors, shareholders and secretaries, accounting, marine registration and other associated services.
Europa Trust Company Ltd is able to work in over 31 jurisdictions around the World.
We are licensed and regulated by the Financial Services Commission and ISO 27001 (Information Security Management Systems) and ISO 9001 (Quality Management Systems) certified.