Caribbean / Offshore - Under 24m

Cayman Islands registration: Under 24m vessels

Cayman Islands Shipping Registry (CISR)

2-3 weeksRegistration fees: USD 500-1,200/year

Registration requirements

  • CISR recreational craft registration
  • Proof of ownership documentation
  • Builder's certificate or bill of sale
  • Compliance with CISR small vessel requirements
  • Valid insurance evidence

Applicable regulations

  • MCA Small Commercial Vessel (SCV) Code
  • Recreational Craft Directive (RCD)
  • COLREGS
  • Flag state recreational endorsement
  • STCW Basic Safety (crew-dependent)

Advantages

  • Prestigious Cayman flag for smaller vessels
  • No income or capital gains tax
  • Simplified registration process
  • Strong resale value association

Typical costs

Registration fees: USD 500-1,200/year; Initial registration: USD 800-1,500

Processing time: 2-3 weeks

Frequently asked questions

Do I need a marine survey for under-24m CISR registration?

CISR requires a satisfactory condition survey for vessels over 5 years old. Newer vessels require builder's certificate and purchase documentation.

Can a recreational under-24m vessel operate commercially under CISR?

No - commercial operation under CISR requires a separate commercial endorsement and compliance with additional safety codes regardless of vessel size.

Is CISR recognized in US ports for under-24m yachts?

Yes. CISR vessels are recognized under IMO conventions, and USCG accepts valid CISR documentation for port clearance.

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