Gibraltar Flag & Yacht Registration
The Gibraltar Yacht Registry is a highly credited service recognised globally. It is an ideal choice for yacht owners who want the confidence of belonging to a British Register and flying the Red Ensign. Since 1997, Gibraltar’s Ship Registry has been with Category 1 Status allowing it to register vessels of all types.
As a member of the Red Ensign group, the flexibility of transferring to and/or from other Red ensign ports is possible in an efficient manner. The Registry offers a professional yet very competitive rates compared to other British ports, including a 24 hour turn around service on the provision of any documentation. As a result of the high standard set, the port was awarded with the ‘White List’ status, vessels flying the Gibraltar flag can expect to relist with the reputation that it beholds due to Gibraltar’s high standard. All yacht owners can expect to meet international requirements on Port State control. With registration of a vessel, you can expect renewals, admiralty work, crew certification and company incorporation; all of which can be organised through us.
In Gibraltar there is no capital gains tax, gift tax, inheritance tax, wealth tax, withholding tax, VAT, and no tax on interest or gains made on financial investments. In addition, there is no taxation on dividends and interest paid by a Gibraltar Company to a non-resident recipient. Furthermore, there is no withholding tax on dividends. On a whole, Tax in Gibraltar is advantageous to those seeking to purchase goods or register a yacht.