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  • FOUNDATION
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  Offshore | OAK - Mauritius Company Formation Services and More

Offshore | OAK :: Vessel Registration

VESSEL REGISTRATION

Vessel registration starts here. Mauritius has for centuries been viewed as the 'Star & Key' of the Indian Ocean, given its importance as a strategic port of call for vessels sailing the historical Spice Route and beyond. To this day, Port Louis harbour plays a key role in keeping Mauritius as a regional maritime hub, with annual traffic increases plus augmentation of operational capacity and infrastructure in play. The legislative framework governing the shipping business is an attractive proposition for any organisation involved in the shipping and maritime industry - Contact us to arrange Vessel Registration services.

Benefits of Mauritius registration

  • Ship mortgaging and registration are managed under the Mauritius Merchant Shipping Act 1986 and the Mauritius Shipping (Amendment) Act 1992, largely based on the British Merchant Shipping Act, held in high regard around the world.
  • All personnel working on board a Mauritius registered hip are exempt from payment of Mauritius income tax.
  • As a member of the International Maritime organisation (IMO), Mauritius has acceded to all key international maritime conventions.
  • Vessels registered in Mauritius are exempt from tax on freight revenue, resultant net revenue and dividends received from a shipping company based in Mauritius.
  • Ship’s consumables, spare parts, bunkers and stores are exempted from customs and excise duties.
  • There are no applicable capital gains tax payable on the sale or transfer of a ship or of the shares in a Mauritian shipping company.
  • No estate duty applicable on the inheritance of shares in a shipping company.
  • No work permit for required for foreigners in the case of personnel working on a Mauritian Flag ship.
  • No limitations on the nationality of the crew.
  • Global Business Sector incorporation confers attractive tax planning advantages.
  • Mauritius has ratified most of the international conventions on maritime safety, training and certification of seafarers and prevention of pollution.

Registration Procedure

The registration process is based on the formation of a Company licensed by the Financial Services Commission to maintain a Global Business Licence (GBL1 / GBL2) and the registration of vessel(s) via the Ministry of Trade and Shipping. We work with top-tier partners in every sector represented, bringing specialised knowledge in carrying out the ship registration procedure and on-going administration.


What you need:
  • Application for Mauritius Registered Vessel, Call Sign (Form SR01) and Official Number;
  • Certificate of Incorporation (for all Companies and Bodies Corporate);
  • Declaration of Ownership (Form SR02);
  • Board of directors resolution authorising a company secretary or director to execute the registration of the ship in Mauritius;
  • Declaration of Ownership;
  • Original documents pertaining to sale (for example, Bill of Sale, Builder’s Certificate);
  • Certificate of Survey issued by (listed below) classification societies authorised to carry out the measurements and survey of the ship on behalf of the Government of Mauritius. A ship measured in accordance with said stipulations will be awarded with a Mauritius Tonnage Certificate by the applicable Classification Society. The Act allows a surveyor to receive a tonnage certificate issued by a foreign registry if the surveyor is satisfied that there has been no changes of measurement since the previous registration.
  • Registration Fee;
  • In the event that a vessel originates from a foreign register, we require a Certificate of Deletion in addition to a declaration stating that the ship is free & clear of registered impediments.
  • Documents supporting an application in a foreign language must be accompanied by translated, notarised documents in English.
  • Upon receipt of said certificates, the Director of Shipping will assign an official vessel number and provide a Carving and Marking Note.










Classification Societies for Authorised Surveyors

All vessels: The underneath Classification Societies are mandated for the purposes of Survey/Inspection/Classification of registration specifications and tonnage:

Lloyds Register of Shipping, Nippon Kaiji Kyokai,American Bureau of Shipping, Det Norske Veritas, Germanischer Lloyd, Bureau Veritas, Indian Register of Shipping, Korean Register of Shipping. , Hellenic Register of Shipping

Eligible Owners for Mauritius Vessel Registration

Per Mauritian Maritime Regulations, the following categories of individuals and or companies are permitted to acquire, own, maintain and register ships under the Mauritian Flag:
  1. Mauritian Citizens
  2. Mauritius incorporated companies effectively controlled by Mauritian citizens
  3. Mauritius incorporated companies or firms that have been incorporated overseas, having been awarded the approval of the relevant authorities
  4. Companies holding a Category 1or Category 2 Global Business Licence, provided their objects are confined to the registering of ships under the Mauritian Flag and that their shipping activities are carried out exclusively outside Mauritius

Furthermore, the aforementioned persons or companies can register a foreign vessel under the Mauritian Flag provided the vessel is bareboat chartered to said entities for a period no less than 12 months. 

Every manner of sea worthy vessel, lighter, launch or
barge structure, regardless of propulsion, intended for use in navigation is eligible but it must also satisfy the following:
​
  • Age: It shall not exceed 15 years of age since the date of first construction.
  • Class: It must maintain class with one of the classification societies approved by the Director of Shipping who shall issue a Mauritius Tonnage Certificate.
  • Third party liability insurance must be produced with certificates demonstrating compliance with international maritime conventions to which Mauritius has acceded.​

Registration Timeline

Within 2 to 3 days after document submission The Certificate of Registration is delivered. 

​Fees (USD)

Yachts
$500 - Initial Registration Fee 
$300 - Annual Fee
​ 
Fishing Vessels
$300 - Initial Registration Fee up to 1500 GRT 
$0.20 - For each additional 1500 GRT
$300 - Annual Fee up to 1500 GRT
$0.20 - For each additional 1500 GRT

Other Vessels
$300 - Initial Registration Fee // UP TO 20,000 GRT
$0.15 - For each GRT in excess of 20,000 GRT
$0.20 - ​Annual Fee (Tonnage Tax) for each GRT up to 20,000 GRT
$0.15 - For each GRT in excess of 20,000 GRT
$700 + $0.02 Per GRT - ​Marine Investigation and International Participation Fee
$500 - ​Marine Inspection Fee

$100 - Fishing Vessel ​Issue of Provisional Certificate of Registration Fee
$200 - Other Vessel ​Issue of Provisional Certificate of Registration Fee

$100 - Fishing Vessel // ​Issue of Permanent Certificate of Registration Fee
$200 - Other Vessel // ​Issue of Permanent Certificate of Registration Fee

$100 - Fishing Vessel // Change of Name Fee
$200 - Other Vessel // Change of Name Fee

$200 - Fishing Vessel // Mortgage Recording Fee
$400 - Other Vessel // Mortgage Recording Fee

$100 - Fishing Vessel // Assignment Fee
$200 - Other Vessel // Assignment Fee


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  • Offshore | OAK
  • CONTACT
  • COMPANY FORMATION
  • TRUST
  • FOUNDATION
  • PROTECTED CELL COMPANY
  • SERVICES
  • CAPTIVE INSURANCE BUSINESS
  • FUNDS AND COLLECTIVE INVESTMENTS
  • VESSEL REGISTRATION
  • MOVE OVERSEAS
  • INVEST