Madeira yacht registration
Madeira International Shipping Register (MAR)
What Madeira International Shipping Register (MAR) publishes about registering a yacht on the Madeira register.
- Register
- Madeira International Shipping Register (MAR)
- Official registry site
- www.ibc-madeira.com
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Common questions
How much does it cost to register a yacht in Madeira?Link to this section
The initial registration fee is the charge the Madeira International Shipping Register (MAR) levies under the recreational-craft Portaria published in the Jornal Oficial of the Autonomous Region of Madeira: Initial registration is €500 for a private yacht, or €1,250 plus a gross tonnage charge for a commercial yacht.Portaria n.º 145/2003, de 29 de outubro (amends articles 2.º, 4.º and 5.º of Portaria n.º 135/94, de 1 de agosto, the fee regime for recreational craft registered in MAR), Jornal Oficial da Região Autónoma da Madeira, I Série, n.º 122joram.madeira.gov.pt · Portaria n.º 145/2003, art. 1.º (Portaria n.º 135/94, art. 2.º(2)(a))Retrieved 2026-08-29Effective 2003-10-29Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. The annual fee is the recurring charge under the same Portaria: The annual fee is €500 for a private yacht up to 24 meters, or €1,000 plus a gross tonnage charge for a commercial yacht.Portaria n.º 145/2003, de 29 de outubro (amends articles 2.º, 4.º and 5.º of Portaria n.º 135/94, de 1 de agosto, the fee regime for recreational craft registered in MAR), Jornal Oficial da Região Autónoma da Madeira, I Série, n.º 122joram.madeira.gov.pt · Portaria n.º 145/2003, art. 1.º (Portaria n.º 135/94, art. 2.º(2)(b))Retrieved 2026-08-29Effective 2003-10-29Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. Gross tonnage sets only the variable part of those fees, with no separate tonnage due: No separate tonnage due; gross tonnage only sets the variable part of the registration and annual fees.Portaria n.º 145/2003, de 29 de outubro (amends articles 2.º, 4.º and 5.º of Portaria n.º 135/94, de 1 de agosto, the fee regime for recreational craft registered in MAR), Jornal Oficial da Região Autónoma da Madeira, I Série, n.º 122joram.madeira.gov.pt · Portaria n.º 145/2003, art. 1.º (Portaria n.º 135/94, art. 2.º(2)(b))Retrieved 2026-08-29Effective 2003-10-29Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. WhichFlagToFly lists each line with its source and check date in the Madeira fee rows.
What is the VAT position on a yacht registered in Madeira?Link to this section
Madeira is inside the European Union VAT area and applies the reduced regional rates the Autoridade Tributaria e Aduaneira publishes for the Autonomous Region: Madeira's rates are 4 percent reduced, 12 percent intermediate and 22 percent standard, against 6, 13 and 23 percent on the mainland.Ofício Circulado n.º 25045, de 2024-12-06, 'IVA, Taxas aplicáveis às Regiões Autónomas', Direção de Serviços do IVA, Autoridade Tributária e Aduaneirainfo.portaldasfinancas.gov.ptRetrieved 2026-08-12Effective 2024-10-01Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. Import VAT is charged on the customs value under the Portuguese VAT Code: Import VAT is charged on the customs value, plus duties and accessory costs to the first destination.Código do IVA, artigo 17.º (Valor tributável nas importações), Autoridade Tributária e Aduaneira, info.portaldasfinancas.gov.ptinfo.portaldasfinancas.gov.pt · art. 17.º(1)Retrieved 2026-08-12Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. VAT-paid status is the customs status of Union goods rather than anything the register issues: VAT-paid status means customs status of Union goods; flag is irrelevant and a T2L is the usual proof.Guidance Note for Pleasure Craft, TAXUD.A.1.003/EC, 30 April 2026, European Commission, Directorate-General for Taxation and Customs Uniontaxation-customs.ec.europa.eu · Q1Retrieved 2026-08-18Effective 2026-04-30Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. The Madeira VAT rows carry each source.
Can a foreigner register a yacht in Madeira?Link to this section
Yes. MAR is open both to entities licensed in the Madeira free zone and to entities outside it, and the Decree-Law governing the register sets no nationality or residence test on a licensed entity's management: Both free-zone licensed entities and outside entities may register; licensed entities face no nationality or residence test on their management.Decree-Law nr. 96/89, of 28 March, consolidated English text as amended through Decree-Law no. 17/2022, published by SDM - Sociedade de Desenvolvimento da Madeira (concessionaire of the Madeira International Business Centre)www.ibc-madeira.com · art. 15(1)Retrieved 2026-08-12Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. The vessel side is decided case by case by the technical commission, within the sizes MAR admits: No maximum age: the technical commission decides case by case, and MAR accepts commercial yachts of 7 to 50 meters carrying up to 12 passengers plus crew, and pleasure yachts above 7 meters.Decreto-Lei n.º 17/2022, de 18 de janeiro (Diário da República, 1.ª série, n.º 12), tenth amendment to Decreto-Lei n.º 96/89, published by the Governo Regional da Madeirawww.madeira.gov.ptRetrieved 2026-08-12Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. The Madeira eligibility rows carry the Decree-Law references.
How long does it take to register a yacht in Madeira?Link to this section
The register publishes no processing-time standard, so what governs is the deadline for completing the file: No published processing time; provisional entry available, then 90 days to complete the file.Decreto-Lei n.º 192/2003, de 22 de agosto, and the annexed regulation applicable to recreational craft registered or to be registered in the Madeira International Shipping Register, Diário da República, I Série-A, n.º 193, 22 August 2003, pp. 5420 to 5424files.diariodarepublica.pt · Anexo, art. 3.º(1)–(2)Retrieved 2026-08-29Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. MAR registers a recreational craft definitively from the outset under the recreational-craft Decree-Law, provisional registration being the exception granted on a core set of documents: Provisional registration is an exception for a yacht: it runs 90 days on a core set of four documents, extendable once by up to 30 days on request or 60 days by the technical commission.Decreto-Lei n.º 192/2003, de 22 de agosto, and the annexed regulation applicable to recreational craft registered or to be registered in the Madeira International Shipping Register, Diário da República, I Série-A, n.º 193, 22 August 2003, pp. 5420 to 5424files.diariodarepublica.pt · Anexo, art. 4.º(2)Retrieved 2026-09-01Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. The Madeira timeline row carries the Decree-Law wording.
Can a Madeira-registered yacht be chartered?Link to this section
Yes. MAR is an EU register, so the EU maritime cabotage Regulation opens commercial trips between Member State ports, while conferring nothing in United States waters: An EU flag opens Member State cabotage for commercial trips, but confers nothing in United States waters.Council Regulation (EEC) No 3577/92 of 7 December 1992 applying the principle of freedom to provide services to maritime transport within Member States (maritime cabotage), EUR-Lexeur-lex.europa.eu · art. 1(1)Retrieved 2026-08-18Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. One register serves private and commercial craft, recreational craft being carved out of the crew-quota, cabotage and mortgage-enforcement rules: One register serves both, with recreational craft carved out of crew quota, cabotage and mortgage-enforcement rules.Decree-Law nr. 96/89, of 28 March, consolidated English text as amended through Decree-Law no. 17/2022, published by SDM - Sociedade de Desenvolvimento da Madeira (concessionaire of the Madeira International Business Centre)www.ibc-madeira.com · art. 15(5)Retrieved 2026-08-12Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. The Madeira charter row quotes the Regulation.
Is Madeira on the Paris MoU white list?Link to this section
The Paris Memorandum of Understanding on Port State Control lists flag states, and a yacht on the Madeira International Shipping Register flies the Portuguese flag rather than one of its own. Where that flag is placed, and how many vessels MAR holds, are set out below. The Madeira port state control row explains the reading.
| Measure | Published position |
|---|---|
| Paris MoU flag performance list | White List under the Portuguese flag, ranked 14 of 69 on 2,268 inspections and 58 detentions over 2023 to 2025.Performance Lists, Paris MoU Annual Report 2025 (published 1 July 2026), Paris Memorandum of Understanding on Port State Controlparismou.org · Flag Performance – White ListRetrieved 2026-08-18Effective 2026-07-01Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Size of the register | MAR holds 1,175 vessels: 1,027 commercial ships and 148 recreational craft.Em Foco: Estatísticas do Mar, 16 November 2025, section 5 (Registo Internacional de Navios), Direção Regional de Estatística da Madeira (the official statistics office of the Autonomous Region of Madeira)estatistica.madeira.gov.ptRetrieved 2026-08-29Effective 2024-12-31Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
Does a yacht need a survey to register in Madeira?Link to this section
MAR requires a survey report to open a registration and then surveys on a cycle set by use, with certification resting on international conventions rather than a national yacht code. What the register requires: Every yacht needs a registration survey report to register; private yachts are then surveyed at five years and every three years after, commercial yachts annually with a dry-dock hull survey every two years.Decreto-Lei n.º 192/2003, de 22 de agosto, and the annexed regulation applicable to recreational craft registered or to be registered in the Madeira International Shipping Register, Diário da República, I Série-A, n.º 193, 22 August 2003, pp. 5420 to 5424files.diariodarepublica.pt · Anexo, art. 5.º(1)(g) and art. 10.º(1)Retrieved 2026-09-01Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. What certification rests on: Certification rests on international conventions and recognized classification societies; no UK or Red Ensign yacht code applies.Order nr. 715/89 of 23 August and its annexed MAR Regulation, consolidated English text as amended through Ordinance no. 114/2025/1 of 14 March, published by SDM - Sociedade de Desenvolvimento da Madeirawww.ibc-madeira.com · art. 19Retrieved 2026-08-12Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. The Madeira survey row carries the Decree-Law.
How do I transfer a yacht to Madeira from another flag?Link to this section
The previous register's deletion certificate is part of the Madeira application itself, which makes a transfer a single filing rather than two. What MAR asks for: The application needs proof of ownership, the previous deletion certificate, a survey report, two photographs and any mortgagee's consent.Decreto-Lei n.º 192/2003, de 22 de agosto, and the annexed regulation applicable to recreational craft registered or to be registered in the Madeira International Shipping Register, Diário da República, I Série-A, n.º 193, 22 August 2003, pp. 5420 to 5424files.diariodarepublica.pt · Anexo, art. 5.º(1)Retrieved 2026-08-29Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. What it charges and requires when a yacht is canceled later: Owners may cancel on sale, scrapping or loss, and cancellation costs €250 for a private yacht or €650 for a commercial one.Order nr. 715/89 of 23 August and its annexed MAR Regulation, consolidated English text as amended through Ordinance no. 114/2025/1 of 14 March, published by SDM - Sociedade de Desenvolvimento da Madeirawww.ibc-madeira.com · art. 31Retrieved 2026-08-12Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. The Madeira document row lists each item.
How should an owner choose whether to flag a yacht in Madeira?Link to this section
Three inputs decide whether MAR fits a yacht: whether an EU flag is wanted for the waters the yacht will trade or cruise in; whether the owning entity will be licensed in the Madeira free zone or sit outside it; and whether charter income is part of the plan. An owner settles those, then reads the register's positions alongside a professional.
Registration
| Item | Answer |
|---|---|
| Who may own a registered vessel | Both free-zone licensed entities and outside entities may register; licensed entities face no nationality or residence test on their management.Decree-Law nr. 96/89, of 28 March, consolidated English text as amended through Decree-Law no. 17/2022, published by SDM - Sociedade de Desenvolvimento da Madeira (concessionaire of the Madeira International Business Centre)www.ibc-madeira.com · art. 15(1)Retrieved 2026-08-12Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Which vessels qualify | No maximum age: the technical commission decides case by case, and MAR accepts commercial yachts of 7 to 50 meters carrying up to 12 passengers plus crew, and pleasure yachts above 7 meters.Decreto-Lei n.º 17/2022, de 18 de janeiro (Diário da República, 1.ª série, n.º 12), tenth amendment to Decreto-Lei n.º 96/89, published by the Governo Regional da Madeirawww.madeira.gov.ptRetrieved 2026-08-12Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Private and commercial regimes | One register serves both, with recreational craft carved out of crew quota, cabotage and mortgage-enforcement rules.Decree-Law nr. 96/89, of 28 March, consolidated English text as amended through Decree-Law no. 17/2022, published by SDM - Sociedade de Desenvolvimento da Madeira (concessionaire of the Madeira International Business Centre)www.ibc-madeira.com · art. 15(5)Retrieved 2026-08-12Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Initial registration fee | Initial registration is €500 for a private yacht, or €1,250 plus a gross tonnage charge for a commercial yacht.Portaria n.º 145/2003, de 29 de outubro (amends articles 2.º, 4.º and 5.º of Portaria n.º 135/94, de 1 de agosto, the fee regime for recreational craft registered in MAR), Jornal Oficial da Região Autónoma da Madeira, I Série, n.º 122joram.madeira.gov.pt · Portaria n.º 145/2003, art. 1.º (Portaria n.º 135/94, art. 2.º(2)(a))Retrieved 2026-08-29Effective 2003-10-29Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Annual fee | The annual fee is €500 for a private yacht up to 24 meters, or €1,000 plus a gross tonnage charge for a commercial yacht.Portaria n.º 145/2003, de 29 de outubro (amends articles 2.º, 4.º and 5.º of Portaria n.º 135/94, de 1 de agosto, the fee regime for recreational craft registered in MAR), Jornal Oficial da Região Autónoma da Madeira, I Série, n.º 122joram.madeira.gov.pt · Portaria n.º 145/2003, art. 1.º (Portaria n.º 135/94, art. 2.º(2)(b))Retrieved 2026-08-29Effective 2003-10-29Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Tonnage dues | No separate tonnage due; gross tonnage only sets the variable part of the registration and annual fees.Portaria n.º 145/2003, de 29 de outubro (amends articles 2.º, 4.º and 5.º of Portaria n.º 135/94, de 1 de agosto, the fee regime for recreational craft registered in MAR), Jornal Oficial da Região Autónoma da Madeira, I Série, n.º 122joram.madeira.gov.pt · Portaria n.º 145/2003, art. 1.º (Portaria n.º 135/94, art. 2.º(2)(b))Retrieved 2026-08-29Effective 2003-10-29Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Provisional registration | Provisional registration is an exception for a yacht: it runs 90 days on a core set of four documents, extendable once by up to 30 days on request or 60 days by the technical commission.Decreto-Lei n.º 192/2003, de 22 de agosto, and the annexed regulation applicable to recreational craft registered or to be registered in the Madeira International Shipping Register, Diário da República, I Série-A, n.º 193, 22 August 2003, pp. 5420 to 5424files.diariodarepublica.pt · Anexo, art. 4.º(2)Retrieved 2026-09-01Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Time to full registration | No published processing time; provisional entry available, then 90 days to complete the file.Decreto-Lei n.º 192/2003, de 22 de agosto, and the annexed regulation applicable to recreational craft registered or to be registered in the Madeira International Shipping Register, Diário da República, I Série-A, n.º 193, 22 August 2003, pp. 5420 to 5424files.diariodarepublica.pt · Anexo, art. 3.º(1)–(2)Retrieved 2026-08-29Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Mortgage registration | Mortgages take written authenticated form, and the parties may choose and register the governing law.Decree-Law nr. 96/89, of 28 March, consolidated English text as amended through Decree-Law no. 17/2022, published by SDM - Sociedade de Desenvolvimento da Madeira (concessionaire of the Madeira International Business Centre)www.ibc-madeira.com · art. 14(4)Retrieved 2026-08-12Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Survey requirements | Every yacht needs a registration survey report to register; private yachts are then surveyed at five years and every three years after, commercial yachts annually with a dry-dock hull survey every two years.Decreto-Lei n.º 192/2003, de 22 de agosto, and the annexed regulation applicable to recreational craft registered or to be registered in the Madeira International Shipping Register, Diário da República, I Série-A, n.º 193, 22 August 2003, pp. 5420 to 5424files.diariodarepublica.pt · Anexo, art. 5.º(1)(g) and art. 10.º(1)Retrieved 2026-09-01Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| MCA code equivalents | Certification rests on international conventions and recognized classification societies; no UK or Red Ensign yacht code applies.Order nr. 715/89 of 23 August and its annexed MAR Regulation, consolidated English text as amended through Ordinance no. 114/2025/1 of 14 March, published by SDM - Sociedade de Desenvolvimento da Madeirawww.ibc-madeira.com · art. 19Retrieved 2026-08-12Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Charter permissions | An EU flag opens Member State cabotage for commercial trips, but confers nothing in United States waters.Council Regulation (EEC) No 3577/92 of 7 December 1992 applying the principle of freedom to provide services to maritime transport within Member States (maritime cabotage), EUR-Lexeur-lex.europa.eu · art. 1(1)Retrieved 2026-08-18Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Crew certification requirements | A 30 percent Portuguese, European or Portuguese-speaking crew quota applies, but never to recreational craft.Decree-Law nr. 96/89, of 28 March, consolidated English text as amended through Decree-Law no. 17/2022, published by SDM - Sociedade de Desenvolvimento da Madeira (concessionaire of the Madeira International Business Centre)www.ibc-madeira.com · art. 20(1) and (3)Retrieved 2026-08-12Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Maritime Labour Convention applicability | The Maritime Labour Convention binds Portuguese-flag ships, Portugal having ratified it in January 2015; crew terms follow the international conventions in force in Portugal, with mandatory sickness, occupational disease and maternity cover.Decree-Law nr. 96/89, of 28 March, consolidated English text as amended through Decree-Law no. 17/2022, published by SDM - Sociedade de Desenvolvimento da Madeira (concessionaire of the Madeira International Business Centre)www.ibc-madeira.com · art. 22Retrieved 2026-09-01Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Paris MoU standing | White List under the Portuguese flag, ranked 14 of 69 on 2,268 inspections and 58 detentions over 2023 to 2025.Performance Lists, Paris MoU Annual Report 2025 (published 1 July 2026), Paris Memorandum of Understanding on Port State Controlparismou.org · Flag Performance – White ListRetrieved 2026-08-18Effective 2026-07-01Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Documents required | The application needs proof of ownership, the previous deletion certificate, a survey report, two photographs and any mortgagee's consent.Decreto-Lei n.º 192/2003, de 22 de agosto, and the annexed regulation applicable to recreational craft registered or to be registered in the Madeira International Shipping Register, Diário da República, I Série-A, n.º 193, 22 August 2003, pp. 5420 to 5424files.diariodarepublica.pt · Anexo, art. 5.º(1)Retrieved 2026-08-29Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Renewal cycle | There is no published fixed term or periodic re-registration; the recurring obligation is the annual maintenance fee, due every 12 months.Portaria n.º 145/2003, de 29 de outubro (amends articles 2.º, 4.º and 5.º of Portaria n.º 135/94, de 1 de agosto, the fee regime for recreational craft registered in MAR), Jornal Oficial da Região Autónoma da Madeira, I Série, n.º 122joram.madeira.gov.pt · Portaria n.º 145/2003, art. 1.º (Portaria n.º 135/94, art. 2.º(2)(a))Retrieved 2026-09-01Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Deregistration process | Owners may cancel on sale, scrapping or loss, and cancellation costs €250 for a private yacht or €650 for a commercial one.Order nr. 715/89 of 23 August and its annexed MAR Regulation, consolidated English text as amended through Ordinance no. 114/2025/1 of 14 March, published by SDM - Sociedade de Desenvolvimento da Madeirawww.ibc-madeira.com · art. 31Retrieved 2026-08-12Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Register size | MAR holds 1,175 vessels: 1,027 commercial ships and 148 recreational craft.Em Foco: Estatísticas do Mar, 16 November 2025, section 5 (Registo Internacional de Navios), Direção Regional de Estatística da Madeira (the official statistics office of the Autonomous Region of Madeira)estatistica.madeira.gov.ptRetrieved 2026-08-29Effective 2024-12-31Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Red Ensign Group membership | Not a member of the Red Ensign Group, whose published membership is the United Kingdom, the Crown Dependencies and the UK Overseas Territories that operate shipping registers.Red Ensign Group, 'Who we are' (About the Red Ensign Group), redensigngroup.orgwww.redensigngroup.org · Who we are, membership paragraph and both category listsRetrieved 2026-09-09Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
VAT & importation
| Item | Answer |
|---|---|
| VAT rate | Madeira's rates are 4 percent reduced, 12 percent intermediate and 22 percent standard, against 6, 13 and 23 percent on the mainland.Ofício Circulado n.º 25045, de 2024-12-06, 'IVA, Taxas aplicáveis às Regiões Autónomas', Direção de Serviços do IVA, Autoridade Tributária e Aduaneirainfo.portaldasfinancas.gov.ptRetrieved 2026-08-12Effective 2024-10-01Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Basis for VAT on import | Import VAT is charged on the customs value, plus duties and accessory costs to the first destination.Código do IVA, artigo 17.º (Valor tributável nas importações), Autoridade Tributária e Aduaneira, info.portaldasfinancas.gov.ptinfo.portaldasfinancas.gov.pt · art. 17.º(1)Retrieved 2026-08-12Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Temporary admission rules | Supplies of goods made while they remain under temporary importation with total duty relief are VAT-exempt; the regime itself follows the EU customs rules.Código do IVA, artigo 15.º (Isenções nas operações relacionadas com regimes suspensivos), Autoridade Tributária e Aduaneira, info.portaldasfinancas.gov.ptinfo.portaldasfinancas.gov.pt · art. 15.º(1)(e)Retrieved 2026-08-12Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Leasing scheme status | No leasing scheme exists; input VAT on recreational boats is blocked unless boats are the taxpayer's business.Código do IVA, artigo 21.º (Exclusões do direito à dedução), Autoridade Tributária e Aduaneira, info.portaldasfinancas.gov.ptinfo.portaldasfinancas.gov.pt · art. 21.º(1)(a)Retrieved 2026-08-18Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Commercial exemption paths | Exemption reaches vessels navigating the high seas that carry passengers for reward or trade commercially.Código do IVA, artigo 14.º (Isenções nas exportações, operações assimiladas e transportes internacionais), Autoridade Tributária e Aduaneira, info.portaldasfinancas.gov.ptinfo.portaldasfinancas.gov.pt · art. 14.º(1)(d) and (f)Retrieved 2026-08-12Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Evidence of VAT-paid status | VAT-paid status means customs status of Union goods; flag is irrelevant and a T2L is the usual proof.Guidance Note for Pleasure Craft, TAXUD.A.1.003/EC, 30 April 2026, European Commission, Directorate-General for Taxation and Customs Uniontaxation-customs.ec.europa.eu · Q1Retrieved 2026-08-18Effective 2026-04-30Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Returned goods relief after Brexit | Reimported goods are exempt only if returned in the same state by the original exporter with customs relief.Código do IVA, artigo 13.º (Isenções nas importações), Autoridade Tributária e Aduaneira, info.portaldasfinancas.gov.ptinfo.portaldasfinancas.gov.pt · art. 13.º(1)(g)Retrieved 2026-08-12Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
Yacht management
| Item | Answer |
|---|---|
| Fee model | Management houses typically charge a fixed monthly retainer scaled to the yacht's size (market guidance puts it at roughly €1,500 to 15,000 or more a month by size) or a share of the operating budget, with charter management charged separately at typically 15 to 20 percent of charter revenue.breezeYachting.swiss - Professional Yacht Management Companies and Their Feeswww.breezeyachting.swissRetrieved 2026-09-01Effective 2025-10-25Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Fleet size under management | Established management houses typically run fleets of roughly a dozen to 80 yachts, with an industry average of about 24 under management.SuperyachtNews / The Superyacht Group - The Superyacht Management Reportwww.superyachtnews.comRetrieved 2026-09-01Effective 2017-06-12Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| ISM document of compliance holder | A recognized organization issues the Document of Compliance to the company operating the ship, and the Portuguese maritime authority, DGRM, issues it itself in one reserved case.Acordo que regula a delegação de tarefas e funções específicas relativas à certificação estatutária dos navios autorizados a arvorar a bandeira portuguesa, celebrado entre a DGRM e a Organização Reconhecida, Direção-Geral de Recursos Naturais, Segurança e Serviços Marítimoswww.dgrm.pt · §2.3.2Retrieved 2026-08-29Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Crew payroll services | Crew payroll administration is a standard part of a full management mandate, normally run through a dedicated MLC-compliant crew employment company rather than the owning entity.Fraser - Yacht Management Serviceswww.fraseryachts.comRetrieved 2026-09-01Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Jurisdictions served | Management houses routinely operate across multiple flag states, holding Documents of Compliance from several administrations rather than tying owners to one register.Fraser - Yacht Management Serviceswww.fraseryachts.comRetrieved 2026-09-01Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
Marine insurance
| Item | Answer |
|---|---|
| Wreck removal insurance | Portugal has ratified the Nairobi Wreck Removal Convention, so its compulsory wreck-removal insurance applies to Portuguese-flagged yachts on MAR of 300 GT and above.Status of IMO Treaties, summary of status of conventions ('x-Status.xlsx'), as at 25 August 2026, International Maritime Organizationwwwcdn.imo.org · NAIROBI WRC 2007, section II (Contracting States), p. 572Retrieved 2026-09-01Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Passenger liability regime | Portugal has ratified the 2002 Athens Protocol: carrier liability of up to 250,000 units of account per passenger on a strict basis and 400,000 on fault, with compulsory insurance only for ships licensed to carry more than 12 passengers.Status of IMO Treaties, summary of status of conventions ('x-Status.xlsx'), as at 25 August 2026, International Maritime Organizationwwwcdn.imo.org · PAL PROT 2002, section II (Contracting States), p. 372Retrieved 2026-09-01Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
Crew placement
| Item | Answer |
|---|---|
| Placement fee model | Crew agencies charge the yacht, not the crew member: typically about one month's gross salary for a permanent placement and 20 percent of earnings for temporary work.Northrop and Johnson Crew Services - Terms and Conditions (2023)cdn.northropandjohnson.com · FeesRetrieved 2026-09-01Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Crew pool coverage | On published figures, the main crew agencies each hold databases of roughly 40,000 to 50,000 registered candidates, so coverage is effectively global and differentiation is about screening, not database size.The Crew Network (Fraser) - Looking for Crewwww.crewnetwork.comRetrieved 2026-09-01Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| MLC compliance support | For ships of 500 GT and above on international voyages, the Portuguese maritime authority DGRM draws up and signs DMLC Part I itself, then DGRM or a recognized organization inspects and issues the Maritime Labour Certificate, valid five years.DGRM Circular n.º 42, MLC 2006, Implementation of the Maritime Labour Convention to ships flying the Portuguese flag, Certification Process, approved 27-01-2017, published copy hosted by ClassNKwww.classnk.or.jp · §2 ScopeRetrieved 2026-08-27Effective 2017-05-12Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Payroll administration offered | Crew agencies commonly offer payroll administration as an add-on to placement, usually bundled with MLC-compliant employment contracts, tax withholding and visas.Fraser - Yacht Crew Recruitment (The Crew Network)www.fraseryachts.comRetrieved 2026-09-01Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Notice and replacement terms | Agencies typically guarantee a free replacement if a permanent crew member leaves within 60 to 90 days, with the leading houses extending that to 180 days.Northrop and Johnson Crew Services - Terms and Conditions (2023)cdn.northropandjohnson.com · Replacement guaranteeRetrieved 2026-09-01Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
Refit & yard works
| Item | Answer |
|---|---|
| Yard network coverage | Refits are routed to a handful of established yard clusters in the Mediterranean, northern Europe, Turkey and the US, with the owner's team tendering the specification across several yards.Hill Robinson - Why Palma is still a leading hub for superyacht refit and maintenancehillrobinson.comRetrieved 2026-09-01Effective 2026-02-25Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Project management model | The market standard is a dedicated owner's representative or project manager, independent of the yard, running the refit from specification through tender and on-site supervision to redelivery.Superyacht Partners - Yacht Refit Management Serviceswww.superyachtpartners.comRetrieved 2026-09-01Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Refit fee structure | As a market estimate, refit project management is charged as a percentage of contract value, about 4 to 8 percent on the one published example (€200,000 to 400,000 on a €5 million refit), or on a day rate for shorter jobs.The First Owner's Reference - Superyacht refit cost: when to refit, when to sellfirstownersreference.com · 06 RefitRetrieved 2026-09-01Effective 2026-05-01Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Survey oversight offered | Independent survey oversight during a refit is a standard offering, with milestone inspections tied to payment stages and a handover inspection at redelivery.Yacht Designers and Surveyors Association (YDSA) - Types of Surveywww.ydsa.co.uk · Supervision of Construction or RepairsRetrieved 2026-09-01Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Warranty handling | Refit yards typically warrant materials and workmanship for twelve months from redelivery, with outstanding items tracked on a snag list and a retention held until they are closed.Gard (P&I club) - Warranty claims in shipbuilding contractsgard.no · Recommendations and checklistsRetrieved 2026-09-01Effective 2015-03-25Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
Pre-buy survey
| Item | Answer |
|---|---|
| Survey scope options | A pre-purchase survey is normally a full condition survey of hull, machinery and systems, with sea trial, haul-out, engine survey, rig, oil analysis and ultrasonic gauging as separately priced extras.Yacht Designers and Surveyors Association (YDSA) - Types of Surveywww.ydsa.co.ukRetrieved 2026-09-01Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Survey fee structure | Surveyors typically charge per foot on smaller yachts (one published US rate card is US$28 to 30 per foot), moving to day rates or a fixed fee on superyachts, with haul-out, travel and lab testing billed separately.Boston Marine Surveyors - published rate cardbostonmarinesurveyors.com · RatesRetrieved 2026-09-01Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Time to survey report | Surveyors typically deliver the written report within three to five business days of the inspection, after a verbal debrief on the day.Capt. F.K. Lanier and Associates - Marine Survey FAQcaptfklanier.com · FAQ-7Retrieved 2026-09-01Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Class records review | On large yachts a review of class records, survey status and flag certificates is standard scope alongside the physical survey.JMS Yachting - Superyacht Pre-Purchase Surveywww.jmsyachting.com · Onboard documentation auditRetrieved 2026-09-01Effective 2025-09-03Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Sea trial attendance | Sea trial attendance is standard on a pre-purchase survey, though whether it is inside the quoted fee or billed separately varies by surveyor.Boston Marine Surveyors - published rate cardbostonmarinesurveyors.com · RatesRetrieved 2026-09-01Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
Ownership structuring
| Item | Answer |
|---|---|
| Owning company minimum capital | A Portuguese private limited company has no minimum capital, only €1 per quota; a public company needs €50,000.Código das Sociedades Comerciais (approved by Decreto-Lei n.º 262/86, de 2 de setembro), official consolidated text, articles 26, 201, 219, 276 and 277, Diário da Repúblicadiariodarepublica.pt · art. 201.º (as worded by Decreto-Lei n.º 33/2011, art. 3.º)Retrieved 2026-08-29Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Beneficial ownership disclosure | Beneficial owners are filed on the central RCBE register; since October 2025 only a person showing a legitimate interest may look up the record, though the implementing rules are not yet made and access still runs on the 2018 procedure.Regime Jurídico do Registo Central do Beneficiário Efetivo, annexed to Lei n.º 89/2017, de 21 de agosto, official consolidated text as amended by Decreto-Lei n.º 115/2025, de 27 de outubro, Diário da Repúblicadiariodarepublica.pt · art. 19.º(1) (as worded by Decreto-Lei n.º 115/2025, art. 2.º)Retrieved 2026-09-01Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
Crew employment & payroll
| Item | Answer |
|---|---|
| Seafarer employment agreements | Every seafarer on a commercially operated Portuguese flag ship needs a written agreement, made in two copies with one kept by each side.Lei n.º 146/2015, de 9 de setembro (activity of seafarers on ships flying the Portuguese flag), official consolidated text as amended by Lei n.º 29/2018 and Decreto-Lei n.º 101-F/2020, Diário da Repúblicadiariodarepublica.pt · art. 7.º(1)Retrieved 2026-08-29Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| Crew social security | Crew who are neither Portuguese nationals nor resident in Portugal are exempt from Portuguese social security if another protection scheme is in place; Portuguese crew are covered at a reduced combined rate of 2.7 percent (2.0 percent employer, 0.7 percent employee).Shipowners, International Business Centre of Madeira (SDM, Sociedade de Desenvolvimento da Madeira, the concessionaire of the Madeira International Shipping Register)www.ibc-madeira.comRetrieved 2026-08-28Corroborating source, not the register's own publicationOpen sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
Compliance (ISM/ISPS/MLC)
| Item | Answer |
|---|---|
| Commercial yacht code applied | There is no separate yacht code; Decreto-Lei 192/2003 covers MAR craft over 7 meters and caps commercial ones at 12 passengers.Decreto-Lei n.º 192/2003, de 22 de agosto, and the annexed regulation applicable to recreational craft registered or to be registered in the Madeira International Shipping Register, Diário da República, I Série-A, n.º 193, 22 August 2003, pp. 5420 to 5424files.diariodarepublica.pt · Anexo, art. 2.º(a)Retrieved 2026-08-29Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| ISM Code applicability | Pleasure yachts fall outside the EU ISM Regulation unless they are crewed and carry more than 12 passengers for commercial purposes.Regulation (EC) No 336/2006 of the European Parliament and of the Council of 15 February 2006 on the implementation of the ISM Code within the Community, EUR-Lexeur-lex.europa.eu · art. 3(2)(b)Retrieved 2026-08-29Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
| ISPS Code applicability | The EU ISPS Regulation does not apply to vessels not engaged in commercial activities, or to cargo ships under 500 gross tons.Regulation (EC) No 725/2004 of the European Parliament and of the Council of 31 March 2004 on enhancing ship and port facility security, EUR-Lexeur-lex.europa.eu · art. 3(7)Retrieved 2026-08-29Open sourceInformational only, not legal, tax or financial advice. Contact a qualified professional for current information. |
Guides for this register
- Temporary admission for yachts in the EU explained
- Yacht survey and code compliance costs
- Choosing a yacht flag for cruising and charter
- EU flag or non-EU flag for a yacht
- The total cost of a yacht flag: a normalized lifecycle framework
- Madeira yacht registration process step-by-step
- Commercial vs private yacht registration
- What a yacht register charges
- Commercial yacht VAT exemptions
- Yacht VAT-paid status and evidence
- Yacht import VAT and place of supply
- Madeira yacht registration costs explained
- EU yacht VAT explained
- How to choose a yacht flag
Services for this register
Our pages on the services an owner arranges alongside registration.
- VAT and importation for yachts and private aircraft
- Yacht management companies: what they do, what they cost, how to choose
- Yacht insurance by flag: what is compulsory and what the market requires
- Finding yacht crew: how agencies work and what owners pay
- Who owns a yacht or a private aircraft? Companies, trusts and the register
- Employing yacht crew: contracts, payroll and social security
- ISM, ISPS and MLC for yachts: what your flag requires
- Chartering your yacht commercially: licenses, flags and coastal rules
- Central agents: how yachts are marketed for charter
Speak to a professional
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