Bermuda Yacht Registry Overview
What you should know about yacht registration in Bermuda.
Bermuda registry overview is a free public service designed to inform boaters about national registration requirements, recording methods, and record search lookups in the British Territory of Bermuda. This includes essential references referrals for the most detailed and accurate information currently available.
Bermuda Yacht Registry
Bermuda
is a British Territory in the North Atlantic and its primary language is Bermudian English.
The Bermuda Yacht Register is a member of the Red Ensign Group of registries.
Vessels enjoy the protection of the United Kingdom and owners can seek
the support of British embassies and consulates. It is popular for its high-quality, globally recognized flag, tax advantages, English legal system, adherence to international standards, and strategic location for global luxury travel. Bermuda offers a secure environment, strong compliance with international authorities, excellent support services for
yacht owners and access to the British consular and naval support.
Registry Administration
Yacht registrations in Bermuda are administered by the Shipping and
Maritime Authority registrar's office located in Hamilton, Bermuda.
Registry Requirements
Bermuda registers vessels of any type, age or size provided that they meet the required standards. Ownership of a Bermuda registered yacht must be divided into 64 shares which are, themselves, indivisible. A majority of these shares must be owned by qualified persons. These include British Citizens, territorial citizens, corporations registered in the UK, EU, Bermuda, and certain other specified countries such as the United States.
Recording Provisions
The Bermuda registry has provisions for the recording of vessel
mortgages.
Registry Searches
Transcripts of registry showing ownership, liens, mortgages, and vessel particulars can be obtained from the Bermuda registry office. Visit the yacht registry website for ordering information.
Taxation
There are no income, corporate, withholding, and capital gains taxes for yacht owners in Bermuda.
Confidentiality
Transcripts of registry in Bermuda identify the vessel
owners and addresses. However, they do not identify individual owners
for yachts registered to legal entities. Corporate shareholder
information is also shielded from the general public.
Conclusion
This overview was compiled by a maritime professional and enhanced with AI technology. While we strive for accuracy, the content may be subject to change without notice and may contain errors, omissions, or misstatements. Before acting on this material, you should consult the appropriate authority or a qualified legal professional.
References and Referrals
Comments - Suggestions - Corrections