International Ship Registry (MAR)
Yacht & Ship Registration
Madeira’s International Ship Register
Among the international registers of the highest quality will you find Madeira’s International Ship Register (MAR).
MAR offers unique operational advantages. But what is eye catching is the very attractive tax regime, both applicable to vessels and shipping companies authorized to work in the IBC of Madeira. Here go some key features, please take note:
Vessels
- High quality Register, with full application of all international ILO and IMO Conventions on safety, security and quality of life on board, including MLC 2006;
- Full access to European continental and island cabotage
- Competitive social security regime that exempts shipping companies with vessels registered in MAR and their respective non-Portuguese crew from contributing to the Portuguese social security regime.
- The wages of the crew of commercial vessels and yachts registered in MAR are exempt from personal income tax.
Shipping companies
- Vessels registered in Madeira may be owned and managed by a company based abroad, not being mandatory to incorporate a company in Madeira’s IBC i
Contact Us
Register your vessel and reap the advantages of the MIBC.
Full application of the Tax regime of the IBC of Madeir to duly licensed shipping companies, with or without vessels registered in MAR;
Register your Ship or Yacht in MAR and you can set sails to get access to Europe´s most competitive tax system, if the vessel´s owner is a company operating in the International Business Centre of Madeira.
Contact us and see how Mar - International Ship Register of Madeira, along with the regime of Madeira International Business Center, can be the right option.
