Requirements and documents

Advantages of registering a ship in Panama

Ship registration
Procedure of registration
Yacht Registration
Other Flags

Yacht registration

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Pleasure vessels and Yachts Registration

PANAMA ENDORSEMENTS

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Procedure for issuance of Panama Title Endorsement

PANAMA COC

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Issuance of Panama national licenses (COC)

HONDURAS COC

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Issuance of Honduras marine licenses (COC) and Upgrade of rank of competence

Documents Required for Provisional Registration

Copy of a Power of attorney duly authenticated by a Notary Public and legalized (draft will be provided by our office upon your request)

Completed application for registration ( data in respect of technical description of the vessel)

Payment of governmental fees; enrollment and first year annual taxes.
Document of title (Builder’s certificate, Bill of Sale, Certificate issued by the court in case of legal auctions)*

Technical certificates:

Valid copy of the current Safety Management Certificate (SMC).

*Billl of Sale must be duly authenticated by a Notary Public confirming the authenticity of the signatures and legal capacity of the signatories and legalized by a Panamanian Consul or by way of Apostille.
The notary must also acknowledge in this document, that the Seller was the previous legal owner of the vessel before transference was effected.

In case of a new Building Certificate, there must be a declaration by the builder stating that “the vessel has been built by order and on account of the buyer”. The Notary’s signature must be duly authenticated by a Panamanian Consul or by Apostille

The Bill of Sale and the Builder’s Certificate should also state that the buyer has accepted the sale or transfer of the vessel, which should also be authenticated and legalized by a Consul of Panama.

Once issued Provisional Patente and Provisional Radio license we may proceed with the applications for other compulsory technical flag documents such us: ITC, MSMC, Official books, CSR, BCC, ISM Code Declaration approval, CICA, LRIT, ISSC, and other required documents.

Documents Required for Provisional Registration

Proof of ownership ( Builder’s certificate, Bill of Sale, Certificate issued by the court in case of legal auctions) duly executed and authenticated by a Notary Public confirming the authenticity of the signatures and legal capacity of the signatories and legalized by a Panamanian Consul or by way of Apostille. The notary must also acknowledge in this document, that the Seller was the previous legal owner of the vessel before transference was effected; In case of a Building Certificate, there must be a declaration by the builder stating that “the vessel has been built by order and on account of the buyer”.

Original Power of attorney in favour of our firm duly notarized and authenticated by a Panamanian Consul or by way of Apostille.

Deletion certificate / cancellation of previous registry (not required for new vessels) duly authenticated to evidence the effect that the previous registry has been cancelled or closed.

Radio application forms, duly filled out.

Technical certificates: – International Tonnage Certificate, certificates issued by a recognized organization under the vessel’s name and under the authority of the Panamanian Government.

Upon presentation of the above documentation to the Shipping Bureau, registration of the respective Title of ownership (e.g. Bill of sale) and completion of various procedural steps, the Panama Maritime Auythority will issue Statutory Navigation Patente and  Statutory  Radio License valid for five (5) years.

Advantages of registering a ship in Panama

Ship registration
Procedure of registration
Yacht Registration
Other Flags

Yacht registration

l

Pleasure vessels and Yachts Registration

PANAMA ENDORSEMENTS

l

Procedure for issuance of Panama Title Endorsement

PANAMA COC

l

Issuance of Panama national licenses (COC)

HONDURAS COC

l

Issuance of Honduras marine licenses (COC) and Upgrade of rank of competence