ARTICLE
17 February 2020

Registration Of A Yacht Under Construction In Gibraltar

H
Hassans

Contributor

Full service law firm established in 1939 with 46 partners, 50 other lawyers and 250 staff in total across two offices in Gibraltar and Sotogrande, Spain. Hassans are trusted advisers to clients both locally and overseas, who seek legal guidance in a fast-moving, multi-jurisdictional world. We aim to solve our clients problems with specialist tax advice, litigation, funds, FinTech, corporate and commercial, private client, financial services and trust solutions. Many of our assignments are cross-border and we have considerable knowledge of other key jurisdictions.

HMGoG's Yacht Registration facilities provide a broad range of yacht registration services including general registrations, name changes, ownership transfers as well as the registration of a yacht under construction in Gibraltar.
Gibraltar Government, Public Sector

HMGoG's Yacht Registration facilities provide a broad range of yacht registration services including general registrations, name changes, ownership transfers as well as the registration of a yacht under construction in Gibraltar.

In each case, the registration process is simple and straightforward, with the added benefit of belonging to the Red Ensign Group post-registration. Names can be reserved free of charge and you can check availability on the Gibraltar government's vessel checker tool.

To register a yacht under construction in Gibraltar one must first complete a GYR-15 Application form. The cost of the application for provisional registration of a yacht under construction is £175 for pleasure and commercial yachts under 24 meters and £450 for commercial yachts which exceed 24 meters in length, while to apply for an extension for provisional registration of a vessel in excess of 24 meters costs £200.

www.gibraltarlaw.com

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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