Panama Yacht Registration and Offshore Vessel Information - Your responsibilities when registering a yacht
Your responsibilities when registering a yacht
Panama has maritime laws, low registration fees, and incentives that encourage offshore vessels and yacht registration. There are, however, some responsibilities that you must accept when you register a vessel under the Panamanian flag.
Perhaps most importantly, vessels participating in international trade must submit to an annual safety inspection. This inspection makes sure that all vessels registered in Panama have the safety and pollution-control features needed to keep up with modern expectations.
Having a group of experienced lawyers on your side can help you determine what certificates and inspections you need before you can register your vessels in Panama.
International laws establish many of those expectations, but Panama must enforce them.
Panama also requires offshore vessels and yachts to carry proper certifications showing that they have passed inspections. This helps inspectors do their jobs properly and ensure everyone's safety.
Having a group of experienced lawyers on your side can help you determine what certificates and inspections you need before you can register your vessels in Panama. Delvalle and Delvalle Attorneys at Law have years of experience working with international clients who register a variety of vessels in Panama.