The Seychelles offers an attractive "offshore" regime for the ownership and registration of yachts. A Seychelles citizen or company must own a yacht in order for it to fly the Seychelles flag. As regional pioneers in the industry, OCRA (Mauritius) Limited has considerable expertise in the formation and administration of zero or low tax Seychelles Companies and Seychelles yacht registration.
Seychelles is member of the United Nations, the Commonwealth, the group of non-aligned countries, the Indian Ocean Commission, and the International Maritime Organization, and vessels flying the Seychelles flag benefit from friendly treatment worldwide.
If the vessel is not in Seychelles waters, it can be provisionally registered under a Seychelles flag at a diplomatic or consular representative abroad. It will later be permanently registered with the Seychelles Ship Registrar.
The Seychelles presently recognises the following classification societies:
Lloyd's Register of Shipping (UK)
Bureau Veritas (France)
Nippon Kaiji Ryokai (Japan)
Det Norske Veritas (Norway)
America Bureau of Shipping (USA)
Germanischer Lloyd (Germany)
The following particulars will need to be presented for the provisional registration of a yacht:
A certificate signed by the builder containing various technical details relating to the yacht.
Where the yacht has been registered under the law of a foreign country, evidence that registration in that country has ceased.
Proof of ownership of the yacht.
A list of not less than three alternative names under which the ship is proposed to be registered.
A radio license.
After a period of 90 days, the yacht can be permanently registered. The yacht owner will need to submit further documentation:
An application for permanent registration.
A Bill of Sale.
A Carving and Marking Note, which is issued by the Registrar of Shipping.
Who to Contact
If you are interested in more information regarding the registration of your yacht in the Seychelles, please contact Dharmesh Naik, Managing Director of OCRA (Mauritius) Limited:
How to Proceed
If you would like to discuss your requirements with one of our consultants,
please contact us.