Yachting & Shipping
We have detailed, international knowledge and years of experience in the structures and administration of shipping and yachting.
Gibraltar is a highly attractive jurisdiction for yacht registration, and our maritime services facilitate the registration of charter yachts and super yachts, as well as ships and commercial vessels. Our experts ensure global support for yacht and ship owners and their crews, with employment structures, regulatory advice, and support for strong corporate and vessel governance. Our specialist services provide a full range of ownership vehicles and registration facilities for vessels across a number of jurisdictions. We deal with sales and acquisitions, and are able to establish and manage a variety of commercial yacht charter structures.
Our yachting and shipping service includes:
Purchasing a vessel can expose you to taxes and other charges. Our experts work with you to find the most effective ownership structure and minimise your exposure to certain levies. We also handle the sale of an existing vessel for you efficiently and stress-free.
We establish the right charter structure and facilitate tax-efficient ownership and administration for private vessels to charter to third parties, helping clients to obtain optimum returns on their investment.
Choosing the suitable Port of Registry for your needs is crucial. Different flags mean different rules and obligations, which can directly influence requirements, taxes and overall enjoyment of your yacht.
We work with you to find the appropriate port of registry for you.
As an important maritime hub, Gibraltar is an attractive jurisdiction for the registration of yachts, which are registered under the British Flag and fly the Red Ensign. The Red Ensign is recognised globally for maintaining high standards, maritime safety and seafarers' welfare.
Benefits of registering a vessel in Gibraltar
- Quick registration process
Registering a yacht in Gibraltar is fast when compared to other jurisdictions.
- Tax Efficient solution
Gibraltar is a low-tax jurisdiction, and there are certain benefits to registering your vessel in Gibraltar.
- British flag registration
As a British Overseas Territory, yachts registered in Gibraltar carry the British flag and fly the red ensign.
- Access to a wide range of additional services
Gibraltar is an internationally recognised financial centre which provides access to high quality services and advice.
Gibraltar maritime law is based on English maritime law and practice and this, as well as its geographical location, makes Gibraltar one of the world’s foremost jurisdictions for ship arrests. Our expert shipping lawyers offer a prompt, responsive service and provide advice, co-ordinate the collation of necessary documentation, effect arrests and proceed to sale of the vessel if required.
Many responsibilities come with the management of a vessel. Gibro’s Family Office service can take over the day-to-day management of your yacht so that you don’t have to. As well as the peace of mind that comes with knowing every important detail is covered, we update you on any obligations and provide additional services including:
Accounting and payroll
Insurance for both vessel and crew
Accounting and Reporting
Tax compliance
Managing bank accounts
General administrative and day-to-day support
Please get in touch.
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