Vessels registration in Panama, Belize and other jurisdictions
The Republic of Panama has the largest Registry of Vessels worldwide. For decades, maritime operators everywhere have chosen to register their vessels of all types, including tankers, fishing boats, cargo vessels or yachts, in the Panamanian Merchant Marine due to its prestige and confidentiality in the international maritime commerce.
The advantages of the Panamanian Registry of Vessels are well known:
- reasonable registration fees
- no income taxes on maritime commercial activities abroad
- no restrictions in relation to the property or the age of the vessels which can be registered by any person, natural or juridical, no matter what the nationality or domicile allows imposition of encumbrances by means of a trustworthy and fast procedure to mention some of the main advantages.
Since its foundation, Our company has had an intense and permanent activity in services related with registration of vessels in the Panamanian Registry. Likewise, during all its years of practice, our legal staff has offered registration in other jurisdictions besides Panama, in order that its clients and correspondents always have options for the registration of vessels in Belize, Jamaica, Bolivia, Honduras, Liberia, Togo, Cambodia, Dominica, St. Vincent, Marshall Islands and other jurisdictions according to their needs.
Likewise, we offer assistance to our clients in the elaboration and execution of naval mortgages as collateral to their credit operations, we carry out procedures for obtaining technical certificates, hiring general maritime services, radio licenses contracts, fishing licenses and other documents required to carry out transactions deemed convenient for them.