Choosing your Yacht's Flag State
For hundreds of years, flags have been used as a method of identification. They are still an essential part of our society today and are particularly useful when at sea. All seagoing yachts are legally required to display their flag state, which represents the country where the yacht is registered.
Choosing a country of registry, also known as a flag state, is a crucial decision. A yacht's flag state affects many aspects of ownership, from privacy issues and freedom of movement to taxes and exposure to liability. Registration can be in any country as long as all relevant legal requirements and construction standards are adhered to.
The most efficient and cost-effective way to register a yacht is with an offshore registry like Bachmann Group. Based in the Channel Islands, we are able to offer comprehensive yacht registration services at a realistic, highly competitive price.
The best place to research flag countries is the White List, which is a register of flags compiled, maintained and updated by the Paris Memorandum of Understanding on Port State Control. All flags on the White List have proven strong performance in aspects of security and safety and are subject to fewer inspections from port officers.