Caribbean / Offshore
BVI Shipping Registry
The British Virgin Islands flag is a Red Ensign Group registry widely used for Caribbean-based yachts, charter-focused ownership structures, and vessels operating between the Caribbean, US East Coast, and Atlantic cruising grounds. BVI registration is often paired with a BVI company, giving owners a...
Recreational and small commercial yachts under 24 metres LOA
Annual registration: USD 300-700; Initial: USD 500-1,100
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Commercial and private yachts from 24m to 500 gross tons
Annual registration: USD 1,000-2,800; LY3 compliance: USD 2,500-6,500
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Large superyachts and expedition vessels from 500 GT to 3000 GT
Annual registration: USD 4,500-13,000; ISM + MLC audit: USD 7,000-17,000
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Gigayachts and largest superyachts exceeding 3000 gross tons
Annual fees: USD 16,000-50,000+; Certification cycle: USD 40,000-120,000+
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