REGISTRATION OF YACHTS AND VESSELS IN BELIZE

The registration of vessels or yachts with the Belize Ship Registry may either be in the form of Provisional or Permanent registration.  Where the vessel is being provisionally registered (Valid for six months), an application in the prescribed forms duly completed and signed by the ship owner or his authorized representative or shipping agent of the vessel must be submitted.  The application is to be accompanied by a duly notarized Power of Attorney in favor of the vessel's agent, a certified tonnage certificate issued by a survey company authorized by Immarbe and duly notarized bill of sale or a duly notarized builder's certificate if the vessel is a new building.  Permanent Registration of vessels requires the submission of the duly executed application forms (as done for provisional registration) accompanied by the following documents:

(a) a duly notarized bill of sale or a duly notarized builder's certificate if the vessel is a new building:
(b) an original deletion certificate or a certified copy of the extract of regisstry from the previous flag administration;
(c) a duly notarized Power of Attorney in favour of the shipping agent of the vessel;
(d) in the case of a vessel which is over twenty (20) years, an inspection report prepared by an authorized
(e) Section report by an authorized
(f) Government Inspection Surveyor (GIS) or stating that the vessel has passsed an inspection to determine seaworthiness; and
(g) An original or certified true copy of a tonnage certificate issued to a survey company authorized by Immarbe.

The Ship Registry fees vary according to the size of the vessel, from US$200.00 for a vessel of up to 500 G.T. to US$3,000.00 for vessels more that 10,000 G.T. An application for the registration of yachts, pleasure crafts or non-profit vessels exclusively for private us in only required to pay an initial registration fee of Five Hundred United States Dollars (US$500.00) and an annual tax of One Thousand United States Dollars (US$1,000.00).

Our professional fees are on average U$1,400.00 for Ship or Yacht Registration and an annual fee of US$550.00 for Provision of Registered Agent and Registered Office.

Provisional Registration of Vessel:

Professional fee                       -          US$  850.00               US$ 1,400.00

Registered Agent fee                -          US$  550.00              

Registry Fees

            Administrative fee         -          US$  100.00

            Registration Fee           -          US$  200.00

            Service Tax                  -          US$  200.00

            Inspection Tax              -          US$  500.00

            Manning Certificate       -          US$  100.00

Radio License              -          US$    50.00

1 Flag                          -          US$    50.00

Annual Tax                  -          US$    10.40               US$ 1,210.40

TOTAL- - - - - - - - - - - - - - - - - - - - - - - - - - - - - -            US$2,610.40

To register a Deed of Mortgage, the original of the deed plus one copy is to be provided for registration.  The fee for registration of a deed is as follows:

Registration of Deed of Mortgages:

Profesional Fee                        -          US$  950.00               US$  950.00

Registry Fees

            Administration Fee       -          US$  100.00

            Recording fee              -          US$  750.00

            Certificate of Title         -          US$  300.00               US$ 1,150.00

TOTAL- - - - - - - - - - - - - - - - - - - - - - - - - - - -                        US$ 2,100.00

Upon receipt of the certified copies of all other documents i.e. a certified true copy of a tonnage certificate issued to a survey company authorized by Immarbe, a Notarized Bill of Sale, Original Deletion Certificate, Safe manning certificate/radio license and the payment of an additional administration fee to the registry of US$100.00, a permanent registration certificate will be issued.

For further information, please contact Juan José Espino or Juan Francisco Pardini at (507) 223-7222/23.