When we commissioned the award-winning, sailing yacht Atalante in 2015, Dominion provided excellent detailed advice on the registration and taxation options that we used.Beneficial Owner, S/Y ATALANTE
The flag you choose can have a direct impact on your potential liabilities, privacy and enjoyment. Each flag state has the authority to enforce regulations over vessels on its register. This includes certification, safety, inspection and pollution prevention.
There can be benefits to offshore flagging, especially for charter yachts operating in EU waters.
The choices are many and the flag state should never be chosen in isolation of other considerations.
Dominion Marine Technical Services (DMTS) has assisted yacht owners with pleasure and commercial yacht registration for many years. Our team has the technical expertise and industry knowledge to identify the flag state that best suits your requirements. The owner's residence and tax status will be taken into consideration, as will the ownership structure and where the yacht will be cruising.
We will only ever recommend a flag state that is recognised as complying with the relevant international standards.