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Vessel Registration
The Panamanian Ship Registry is the biggest registry in the World for both commercial vessels and luxury yachts. There are several factors that make the Panamanian Registry so attractive:
- Government fees are low.
- Vessel owners are not required to pay Panamanian Government taxes on earnings produced by the vessel's commercial activity.
- Navigation documents can be processed through one of the many Panamanian Consulates worldwide or through Panama's Merchant Marine Office in Panama City without the vessel even being in Panamanian territory.
For those individuals that wish to bring a vessel (Yacht) into Panamanian territory, there are different types of navigation documents depending on the use the owner will give the vessel (recreational use or commercial) and if the vessel will stay in Panama on a permanent basis or not. We can assist you in obtaining competitive fees and choosing the documents that will best fulfill your needs.
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