The Office of the Panama Maritime Authority in Ukraine provides registration services ships, yachts, superyachts, megayachts into the Panamanian Ship Registry. The Panama Ship Registry is public, secure, and transparent.
Required documents on yacht registration:
- Declaration of owner stating the maximum of a passenger on board
- Safety Management Certificate (SMC)
- Power of Attorney to a resident agent
- Builder’s Certificate (newly built)
- Copy of previous registry cancelation
- Ownership certificate
- Application form
For commercial yachts, the taxes will be paid each year. In the same way as commercial ships, there is a special discount and 50% in the case of newly built.