28/05/2021
๐ญ๐ฌ ๐๐๐ฉ๐๐ก๐ง๐๐๐๐ฆ ๐ข๐ ๐ฅ๐๐๐๐ฆ๐ง๐๐ฅ๐๐ก๐ ๐ ๐ฆ๐๐๐ฃ ๐จ๐ก๐๐๐ฅ ๐ฃ๐๐ก๐๐ ๐ ๐๐๐๐
* ๐ป๐๐ ๐๐
๐๐๐๐๐๐๐๐
Panama is considered to be one โif not the bestโ place in the world to register ships. Once you apply on a Panama ship register service, ship owners will have the advantage of tax breaks that Panamanian law offers within the Panama Maritime Authorities and legislation. This is applicable to ship owners, boat owners, yacht owners or sailboat owners. The panama register of ships will also allow ships to operate international trade without taxation as its only territorial and will not tax the income of ships involved in international navigation or trade. The panama ship register will not discriminate the citizenship or nationality of anyone willing to register a vessel under the Panama Flag.
* ๐ช๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐๐
There are considerable lower costs for registering a ship in Panama compared to other Jurisdictions. If you compare to other legislations you will notice that the panama register of ships is one โif not theโ most economical in the world. Taking in consideration that the tax savings are part of the system, you will find out its way cheaper in the long term.
* ๐ต๐ ๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐๐
However, vessels over 20 years old will have to pass a special inspection by an authorized Panamanian inspector, in order to obtain the Permanent Navigation Patent.
* ๐ต๐ ๐๐๐๐๐๐๐ ๐ป๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐๐๐
There is no minimum tonnage required for the registration of a vessel in Panama.
* ๐ถ๐๐๐๐๐๐๐๐
Any person or company, regardless of nationality and place of corporation is eligible to register ships under the Panamanian flag. Furthermore, there is no income or withholding taxes payable when the income is a result of the operation of a vessel engaged in international trade. The panama ship register allows the registration under a Panamanian corporation. This will give protection to the vessel and anonymous ownership. You will be able to use a bulletproof asset protection structure (corporation + foundation) to register and ensure that your vesselโs income and ownership will always be safe and anonymously protected.
* ๐ซ๐๐๐ ๐น๐๐๐๐๐๐๐
This panama ship register dual system can be of great advantage for shipping companies, ship owners and merchant shipping companies who have no ship register under the open registry.
Vessels registered under the Panama flag but under charter to a company incorporated in other country, may also be simultaneously registered in that country.
This ship register method will allow a foreign ship that has a previous registration of two years in a foreign country to register in the panama ship register at the same time without a cancellation of the registration of the previous country. This panama ship register system is also possible to be applied the opposite way. This is only allowed with a certification of consent from the country that originally had the register of ship or ships.
* ๐จ๐
๐๐๐๐๐๐๐ ๐๐ ๐ ๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐๐๐๐๐ / ๐๐๐๐๐๐๐๐.
Preliminary registration of title / mortgage is easily accepted by US, European and worldwide banks as providing satisfactory security.
* ๐จ๐
๐๐๐๐๐๐๐ ๐๐ ๐ป๐๐๐๐๐๐๐๐ ๐ช๐๐๐๐๐๐๐๐๐๐๐
Ship owners who wish to transfer their ships to the Panamanian flag will not be required to have them re-surveyed if the ships possess valid safety and tonnage certificates at the moment of registration, obviates the necessity to have the ship dry docked prior to registration and consequently saves the ship owner considerable expenses. However, upon the registration, a recognized entity (national or international) should issue a new set of certificates on behalf of the Administration.
* ๐ฝ๐๐๐๐๐๐ ๐๐๐
๐๐ ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐๐๐.
Vessels under construction may also apply for the provisional registration and radio call letters.
* ๐จ๐
๐๐๐๐๐๐๐๐ ๐๐๐ ๐ท๐๐๐๐๐๐๐ ๐ฝ๐๐๐๐๐๐ (๐๐๐๐๐๐, ๐ฉ๐๐๐๐, ๐บ๐๐๐๐๐๐ ๐ฝ๐๐๐๐๐๐)
There is a sole enrollment charge of US$1,500 for Yachts, however, if the yacht is owned by Panamanian natural person, Panamanian company or a Panama Foundation this charge shall be of US$1,000.
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๐๐ฆ๐๐๐ก ๐ ๐๐ฅ๐๐ง๐๐ ๐ ๐๐ข๐ก๐ฆ๐จ๐๐ง๐๐ก๐ง๐ฆ ๐๐ก๐ ๐ฆ๐จ๐ฅ๐ฉ๐๐ฌ ๐๐ข๐ ๐ฃ๐๐ก๐ฌ ๐๐๐ ๐๐ง๐๐
๐๐ฑ๐ฑ: ๐ฅ. ๐ญ๐ฌ๐ฌ๐ฏ ๐๐๐๐ฆ๐๐ ๐๐๐ถ๐น๐ฑ๐ถ๐ป๐ด, ๐ก๐ผ. ๐ญ๐ฌ ๐๐ผ๐. ๐ฎ๐ ๐๐ฒ ๐๐ผ๐ป๐ด ๐ฃ๐ต๐ผ๐ป๐ด ๐ฆ๐๐ฟ., ๐ก๐ด๐ผ ๐ค๐๐๐ฒ๐ป ๐๐ถ๐๐., ๐๐ฎ๐ถ ๐ฃ๐ต๐ผ๐ป๐ด ๐๐ถ๐๐, ๐ฉ๐ถ๐ฒ๐๐ป๐ฎ๐บ
๐ง๐ฒ๐น: +๐ด๐ฐ ๐ฎ๐ฎ๐ฑ๐ฏ ๐ฎ๐ฒ๐ญ ๐ฑ๐ต๐ฑ
๐๐บ๐ฎ๐ถ๐น: ๐บ๐ฎ๐ป๐ฎ๐ด๐ฒ๐ฟ@๐ฎ๐บ๐ฐ๐๐ฐ-๐บ๐ฎ๐ฟ๐ถ๐๐ถ๐บ๐ฒ๐๐ฒ๐ฟ๐๐ถ๐ฐ๐ฒ๐.๐ฐ๐ผ๐บ