Jersey
The Shipping Register was established early in the
19th century. It has long provided a mature and
well-respected regulatory regime. As a leading international
finance centre (white-listed since 2009 as transparent and
well-regulated by the OECD), Jersey also offers the full range of
legal, banking, company and trust services to assist potential
vessel owners to register in Jersey. It has strong links with the
City of London.
Sitting outside the EU and the UK, the Island has specific tax,
ownership and Social Security advantages for its ships and for crew
employment contracts managed under Jersey Law. It is not part of
the EU Social Security or VAT regimes. EU resident users may prefer
to pay VAT on importation into the Union. Alternatively, temporary
importation into the EU is available for all yachts for 18 months
at a time. This makes the Registry ideal for non-EU owners whether
they wish to sail in EU waters or worldwide.
Commonwealth, EU and British nationals are all entitled to
individual ownership rather than through a company and ownership
through a Foundation is also an attractive option for some.
The Island is an acknowledged market leader and specialist for
commercial ships up to up to 150 tons and for pleasure yachts up to
400 tons. The use of Classification Societies is not mandatory even
for ships over 24 metres. With over 2,000 ships on its register it
is the largest Category 2 Register.
The popular A3 Certificate is automatically issued, and the
registration period lasts for 10 years with no annual renewal
charges. This extended period helps the owner reduce costs and
causes less inconvenience.
for more information please visit www.gov.je/shipsregistry