Bachmann Group Services: Yacht Registration
The flag that yacht owners choose to fly has a direct, profound influence on a number of factors, including privacy, tax requirements, liability and the success of charter operations. Bachmann Group offers a comprehensive yacht registration service, allowing you to fully enjoy the full pleasure and potential profit of owning a yacht.
In recent years, the choice of flag state has grown in importance to become perhaps the most crucial decision for yacht owners. The term 'flag state' refers to the country in which a yacht is registered, showing that the owner subscribes to the regulations and rules of that country, in addition to those of the country that the yacht is operating in at any given time.
The 'Red Ensign' is the collective name for the most popular yacht-registration jurisdictions (which are the UK, Crown Dependencies like Jersey & Guernsey and some overseas territories like the British Virgin Islands & the Cayman Islands). Boasting unmatched prestige and heritage, the Red Ensign holds to internationally-recognised standards, codes of conduct and practice for yachts whether designed for private or commercial usage.
Each flag state is different, with its own unique nuances and variations. Our extensive experience and strong ties with flag state offices allows us to offer the most authoritative, comprehensive advice and support when it comes to yacht registration: these qualities have ensured that we are responsible for registering a leading market-share of yachts across the full spectrum of jurisdictions.
The Bachmann Group yacht registration team coordinates closely with owners, captains, yards, brokers and surveyors to confidently oversee the entire registration process, resulting in an official Certificate of Registry being issued. Find out more about this service on our website.