Private Use - BVI Registration
OWNED BY: Private owner
+ OPTIONAL MMSI Radio License
Private Use - BVI Registration
+ UK LTD to own boat
+ OPTIONAL MMSI Radio License
Private Use - BVI Registration
+ BVI LTD to own boat
+ OPTIONAL MMSI Radio License

British Virgin Islands Boat Registration

Boat Registration in the British Virgin Islands (BVI)

The British Virgin Islands joined the Red Ensign Group in 2014 and thus offers the option to register a private, commercial or merchant vessel under the UK red ensign flag. Similar to Guernsey, Jersey, the Cayman Islands and Malta, the Red Ensign Group flag grants protection by the British Royal Navy to those vessels registered under the British Virgin Islands – red ensign flag. The BVI is amongst a select group of Caribbean destinations that enjoy the benefits of being part of the United Kingdom's Red Ensign Group of Registries and are now recognised worldwide as having an international Category 1 ship registry operating to the highest standards of a British Port of Registry.

You can register under the BVI red ensign flag even if you are not a citizen there and even if you do not own a company there. Register as either a private owner or have the boat owned by a company. This can be an existing company based in the UK or EU or a OECS or we can setup a new company for you to hold the ownership of the vessel.

We are the market leader in registering boats under the BVI – red ensign flag. We can register a vessel owner from the UK, EU and EEA as a private owner or we can setup a UK or BVI company for you that will own the vessel (and you own the UK or BVI company). Setting up this BVI company can be done at a fixed fee of $1625 USD and can be finalized in just a couple of days. The total BVI company renewal fee including state taxes is 1050 USD after the first year. And the boat renewal fee for boats up to 24 meters is 550 USD all inclusive and 750 USD above 24 meters, all inclusive.

Who can register with the BVI registration?

BVI Vessel registrations are available to citizens of and companies registered in:
  • The BVI
  • The United Kingdom and its Crown dependencies and overseas territories
  • A member of the European Union (EC) or European Economic Area (EEA)
  • The Caribbean Community and the Organization of Eastern Caribbean States.
Should I register as private owner or company ownership?
  • Often clients opt to set up an incorporated BVI company for the sole purpose of holding a ship, the benefits of vessel being hold by a BVI company are:
  • Protection of asset from confiscation orders from foreign governments
  • No disclosure or minimum capital requirements
  • Ease of maintaining and operating the BVI company
  • Confidentiality and anonymity for the shareholders and directors of the BVI company

Which vessels can be registered in the BVI

  • Cargo ships of unlimited tonnage
  • Yachts of up to 3000 gross ton
  • Vessel previously registered under category 2
  • Pleasure crafts and yachts up to 400 gross which is about maximum 45 meters
  • Cargo and commercial craft of up to 150 gross which is about 24 meters in length.

Which documents are needed to register a vessel in the BVI:

  • Original bill of sale 11
  • Original builders certificate OR CE certificate
  • Deletion of previous registration (if applicable)
  • Application to register (we take care of this – you need to sign)
  • Declaration of Eligibility (we take care of this – you need to sign)
  • Certificate of Incorporation (if registering as company)
  • Closed Transcript and an extract of register (only if the vessel is coming off a Red Ensign Register)
  • All documents need to be notarized and also if documents are not in English, they need to translated and notarized.
  • A copy of passport on the owner

How much does it cost to renew my BVI boat Registration?

Depending if you have registered as a person, a UK Ltd or a BVI company. The renewal fees will be the following:
  • Boat renewal up to 24 meters: 100 USD state renewal fee + 250 USD representative fee + 200 Service fee = 550 USD
  • Boat renewal over 24 meters: 300 USD state renewal fee + 250 USD representative fee + 200 Service fee = 750 USD
Additionally if you have registered a BVI company, the yearly company renewal fee is as follows:
  • BVI annual company renewal fee: 1050 USD per year
Flag Country Comparison Table
  Poland United Kingdom Langkawi San Marino
How fast can it be done? 24 hours 3 Days 5 Days 2 Days
Available for all nationalities Yes Yes Yes Yes
Validation Period For life 5 years For life 5 years
Flag certificate Yes Yes Yes Yes
Ownership registration Yes Yes Yes Yes
Survey mandatory No Yes No No
Valid worldwide Yes Yes Yes Yes
Suitable for commercial yachts no / yes Yes Yes Yes
Price from 420 EUR 549 GBP 950 USD 590 EUR
See Details See Details See Details See Details

All International Payment Methods Accepted