Registration with the Madeira Maritime Registry

The madeira international shipping register (MAR)

The madeira international shipping register - MAR, created as part of the international business centre, gives madeira an important role in the maritime sector.

As operating costs are a critical factor in the viability of the shipping industry, MAR offers a competitive and credible alternative to other international registers, while respecting the technical rigour and safety requirements that characterise a community register.

The different types of registration

• Your yacht can be registered as a commercial unit, i.e. it must have a commercial class established by a classification society recognised by the madeira registry, such as bureau veritas or rina. this type of registration allows you to have an unrestricted activity all year round and to reclaim vat;
• Your yacht may also have a pleasure class, also established by a classification society recognised by the madeira registry, such as bureau veritas or rina;
• You can also register your yacht as a pleasure yacht, without any classification, but with the possibility of chartering for 90 days a year, provided that the authorities in the country where the activity will take place authorise you to do so. with this registration, the shipowner has free access to his vessel.

Advantages of registering a vessel with madeira

• A high-quality, credible and secure register;
• Community registration: vessels flying the portuguese flag have unrestricted access to cabotage within the european union;
• Applicability of all international conventions to which portugal is a signatory;
• Your crew will not be taxed on their income in france, if they are french residents.