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Yacht Registration & Management

Our office provides Seychelles yacht registration and management & administration services for yacht owners. Structuring an ownership solution can provide for beneficial VAT planning and tax mitigation and/or deferral.

As regional pioneers in the industry, OCRA Mauritius has considerable expertise in the formation and administration of zero or low tax Seychelles Companies and Seychelles yacht registration.

Our services include:

  • Seychelles yacht registration
  • Yacht management & administration
  • Arranging for yacht finance and insurance
  • Project Management
  • Day-to-day maintenance and management

In short, we take care of all aspects of yacht ownership providing owners with a single and dedicated point of contact for the ongoing management of their asset.

A Guide to Yacht registration in the Seychelles

The Seychelles offers an attractive “offshore” regime for the ownership and registration of yachts. A Seychelles citizen or company must own a yacht in order for it to fly the Seychelles flag.

Seychelles is member of the United Nations, the Commonwealth, the group of non-aligned countries, the Indian Ocean Commission, and the International Maritime Organization, and vessels flying the Seychelles flag benefit from friendly treatment worldwide.

If the vessel is not in Seychelles waters, it can be provisionally registered under a Seychelles flag at a diplomatic or consular representative abroad. It will later be permanently registered with the Seychelles Ship Registrar.

The Seychelles presently recognises the following classification societies:

  • Lloyd’s Register of Shipping (UK)
  • Bureau Veritas (France)
  • Nippon Kaiji Ryokai (Japan)
  • Det Norske Veritas (Norway)
  • America Bureau of Shipping (USA)
  • Germanischer Lloyd (Germany)
  • Provisional Registration

The following particulars will need to be presented for the provisional registration of a yacht:

  • A certificate signed by the builder containing various technical details relating to the yacht
  • Where the yacht has been registered under the law of a foreign country, evidence that registration in that country has ceased
  • Proof of ownership
  • A list of not less than three alternative names under which the ship is proposed to be registered
  • A radio license
  • Permanent Registration

After a period of 90 days, the yacht can be permanently registered. The yacht owner will need to submit further documentation:

  • An application for permanent registration
  • A Bill of Sale
  • Statutory Certificates
  • A Carving and Marking Note, which is issued by the Registrar of Shipping

How to proceed

We would welcome the opportunity to assist you with more information:

Contact us for a FREE consultation if you would like to discuss your requirements with one of our consultants in person.
Alternatively, complete our Online Questionnaire and a consultant will contact you directly.
For professional intermediaries and repeat orders, download the relevant Application Form and return by fax or email.

Submit your enquiry

OCRA Worldwide respects your privacy. Your details will never be disclosed to any third party for any purpose without your prior written consent.

OCRA Worldwide announces strategic merger with Acclime

17th November 2022, Hong Kong - OCRA Worldwide (OCRA), announces today that it has completed the strategic merger with Asia Pacific’s premier corporate services provider Acclime (www.acclime.com). This is the latest step in Acclime’s active expansion as the Asia specialist in compliance and corporate services throughout the region.

Established in 1975 and led by Bart Dekker and Dharmesh Naik, OCRA is one of the industry pioneers in the corporate services sector with a full suite of corporate services from company formation, company secretarial support, accounting, and HR services. Over the past 40 years, OCRA has become a truly global business by providing very personalised services to their clients, most of whom are private investors or companies investing abroad.

From its founding base in Europe, OCRA has morphed over the past decade to focus on the faster growing markets of Asia and the Indian Ocean, and currently has teams in Hong Kong, Shanghai, Singapore, Mauritius and the Seychelles with around 80 staff. Additionally, OCRA is licensed in Samoa and the UAE to provide incorporation services to clients and referral partners.

"The high quality of the team, the interesting gateway jurisdictions of Mauritius and UAE which are important investment hubs for Africa and India, and the synergy of offering OCRA clients more services and Asian locations for expanding their business were the strategic logic for Acclime's interest in acquiring OCRA," said Martin Crawford, CEO and Co-Founder of Acclime. "We look forward to introducing OCRA’s corporate clients to our regional experts in China, Hong Kong, Australia, Cambodia, Indonesia, Malaysia, Thailand, India, Philippines, Singapore and Vietnam," he added.

The sale of the business was managed by the corporate advisory team of Mazars in London (Paul Joyce & Fred Dearden), acting for the ultimate shareholder of OCRA, and was opened for bids. "Acclime was chosen as the preferred bidder as the team recognised the cultural similarities, with high quality, personalised services at the core," said Bart Dekker, OCRA’s Managing Director, Asia Pacific. Dharmesh Naik, OCRA's Managing Director, Middle East and Indian Ocean, added, "We are excited and delighted to become an integral part of a large international team with the established resources across Acclime's network, and to execute the transaction in line with OCRA's long term succession plan in the interest of all of our stakeholders."

OCRA will operate as an independent business unit within Acclime, supported by funding, IT and marketing initiatives that will grow the business further. Bart Dekker and Dharmesh Naik will remain running the business post-acquisition.

The transaction is subjected to regulatory approvals in several locations and Acclime is expected to complete the acquisition by the end of 2022.

About OCRA
Established in 1975, OCRA is one of the industry pioneers in the corporate services sector with a full suite of corporate services from company formation, company secretarial support, accounting and HR services. For over 40 years, OCRA has been providing personalised services to its clients, most of whom are private investors or companies investing abroad.

About Acclime
Acclime, the premier corporate services provider in Asia, helps corporate and private clients to advance their businesses and interests in difficult-to-navigate markets in emerging Asia. The company’s vision is to reinvent the corporate services sector with innovative solutions that are seamlessly delivered to the highest global standards.

Enquiries: enquiries@ocra.com