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Flag of convenience (FOC)
There
is no restriction of owners or crew Nationality required.
Large
Network also provided for the surveyors on any port
through Recognized Organizations.
Registration fees are cheap and competitive.
Less
but essential paper working.
Annual
taxes are low and some flag there is no annual taxes on
first year of registration.
There
are no hidden fees to be asked later, many of them also
don’t require legal fees for
Lawyer but some flags requires as essential.
The
benefits to set up offshore International Business
Companies (IBC) to save the taxes.
The
registration process is simple, fast and efficient
because of private sector business holding.
Mostly the ship is registered within 24 hours if all
submitted documents are in order and verified
from the respected authorities.
Mostly
shipping consultant offers one stop services from
Registration, Classification, Radio
accounting, Dry docking even ship sale and purchases.
The
greatest benefit for ship-owner for the services are
open 24 hours a day, 7 days a week, 365
days a year and on-line basis however on national flags
they have to face shut down on holidays
even ship is detain or abandon.
The Most Popular Flag of
Convenience are as follows
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Antigua
& Barbuda (Antigua & Barbuda Maritime Admins.)(ADOMS) |
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Bahamas (The Bahamas Maritime
Authority)(BMA) |
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Barbados (Barbados Maritime)(BM) |
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Belize (International
Merchant Marine Registry of Belize)(IMMARBE) |
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Bermuda
(UK) (Bermuda Ship Registry)
(BSR) |
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Bolivia
(Registro de Boliviano de Buques)(RIBB) |
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Cambodia (International Ship
Registry of Cambodia)(ISROC) |
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Cayman Island (Cayman Island
Ship Registry)(CISR) |
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Comoros (Administration
Maritime De L Union des Comoros)(DEPCOMRG) |
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Cook Islands (Cook Islands
Ship Registry)(MCI) |
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Cyprus (Department of
Merchant Shipping Cyprus)(DMS) |
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Dominica (Dominica Maritime
Registry Inc.)(DMRI) |
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Ecuador (Dirección
General de la Marina Mercante y Del Litoral)(DIGMER) |
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French
International Ship Register (FIS) |
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Georgia (Maritime Transport
Department of Georgia)(MTDG) |
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Gibraltar (UK) (Gibraltar
Maritime Administration)(GMA) |
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German International Ship
Register (GIS) |
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Honduras
(Direccion General De La Marina Mercante)(MARINAMERCANTE) |
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Jamaica (Maritime Authority
of Jamaica)(MAJ) |
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Jordan (Jordan Maritime
Authority)(JMA) |
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Kiribati (Kiribati Ship
Registry)(KSR) |
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Liberia (Liberia
International Ship & Corporate Registry)(LISCR) |
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Malta (Malta Maritime
Authority)(MMA) |
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Marshall Islands
(USA)(International
registries Inc)(IRI) |
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Mauritius
(Mauritius Offshore Business Administration)(MOBA) |
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Moldova (Ministerul
Transporturilor şi Gospodăriei Drumurilor Moldova)(MTGD) |
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Mongolia (Mongolia Ship
registry)(MSR) |
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North
Korea (Maritime Administration Bureau)(MAB) |
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Panama (Autoridad Maritime de
Panama)(AMP) |
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Sao Tome & Principe (Sao Tome
& Principe Maritime Administration)(STP) |
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Seychelles (Seychelles
International Business Authority)(SIBA) |
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St. Kitts & Nevis (St. Kitts
& Nevis International Ship Registry)(SKNR) |
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Sierra Leone (Sierra Leone
International Ship Registry)(SLISR) |
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St. Vincent & the Grenadines
(St. Vincent & the Grenadines Administration)(SVG) |
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Tonga (Tonga International
Ship Registry)(TISR) |
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Tuvalu (Tuvalu Ship Registry)(TVR) |
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Ukraine (Ukraine Ship
Registry)(USR) |
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Vanuatu
(Vanuatu Maritime Services Limited)(VMSL) |
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Mostly ship-owners choice the flag which is
popular and has less requirements such
familiar
as Belize, Bolivia, Bahamas,
Cambodia, Comoros, Georgia, Honduras, Jamaica, Kiribati,
Liberia, Mongolia, Moldova, North Korea, Panama, St.
Vincent, St. Kitts, Sierra Leone, Tuvalu and Ukraine.
We provide the facilities to register the
ships on any one of above mentioned FOC on competitive
quotations through our reliable
sources and partners. |