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White Yacht From Waterline | Praxis

British Virgin Islands Yacht Registration

British Virgin Islands Yacht Registration

1 Jan 2021


  • Non-EU jurisdiction for VAT and crew employment
  • No tax on any profits earned.

Port of Registry

  • Non-EU status.
  • Ports of registry are Road Harbour, White Bay and Gorda Sound.
  • Chain of title required for yacht not previously registered elsewhere – otherwise only a Bill of Sale with Deletion Certificate
  • BVI Representative required for yacht owned by non BVI company.
  • No annual taxes but annual fee for maintenance of Register.
  • Application and 6 months fee required for name reservation.
  • EU companies or persons are qualified for registered ownership.
  • Tonnage limited to 3000GRT.
  • MCA Compliance surveys conducted by yacht’s Classification Society in conjunction with Flag.
  • Radio and Operator’s licences only issued on completion of registration.
  • Vessel’s safety equipment confirmation required.