Vessels registration in Panama, Cambodia and other jurisdictions
Vessel registration
The Republic of Panama has the largest Registry of Vessels worldwide. For decades, maritime
operators everywhere have chosen to register their vessels of all types, including tankers,
fishing boats, cargo vessels or yachts, in the Panamanian Merchant Marine due to its prestige
and confidentiality in the international maritime commerce.
The advantages of the Panamanian Registry of Vessels are well known:
· reasonable registration fees
· no income taxes on maritime commercial activities abroad
· no restrictions in relation to the property or the age of the vessels which can be registered
by any person, natural or juridical, no matter what the nationality or domicile
allows imposition of encumbrances by means of a trustworthy and fast procedure
to mention some of the main advantages.
Since its foundation, MSIE Co.,Ltd has had an intense and permanent activity in services
related with registration of vessels in the Panamanian Registry. Likewise, during all its years
of practice, our legal staff has offered registration in other jurisdictions besides Panama,
in order that its clients and correspondents always have options for the registration of vessels
in Belize, Jamaica, Bolivia, Honduras, Liberia, Togo, Cambodia, Dominica, St. Vincent, Marshall
Islands and other jurisdictions according to their needs.
Likewise, we offer assistance to our clients in the elaboration and execution of naval
mortgages as collateral to their credit operations, we carry out procedures for obtaining
technical certificates, hiring general maritime services, radio licenses contracts, fishing
licenses and other documents required to carry out transactions deemed convenient for them.
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