Yacht rental in Cyprus

To register a yacht owner company, you will need the following documents:

• A copy of the company’s charter or memorandum of association.
• Passport details of all founders and directors of the company.
• Documents confirming the residence of the founders and directors.
• Documents proving the contribution of the share capital.
• Documents confirming the company’s registered address.

• Familiarize yourself with the rental terms, such as the price, availability dates, and renter criteria.
• Sign a rental agreement that shows the mutual approval of both parties.
• Check that the yacht is outfitted with proper safety and navigation equipment.

When choosing a flag for yacht registration, consider the following:

• The rules and requirements of the flag of the selected country.
• Tax and administrative obligations associated with the chosen flag.
• International agreements and laws that affect the rights and responsibilities of a yacht under a certain flag.

Yacht owners may require the following services:

• Technical maintenance and repair of the yacht.
• Administrative support, including the handling of documentation and licensing.
• Accounting services, including tax reporting and financial transaction management.
• Financial planning, investment, and asset management.

A yacht requires regular technical maintenance, including inspection and servicing of engines, cooling systems, electrical systems, navigation equipment, and safety equipment. Regular checks for corrosion and hull damage are also necessary, as is addressing any defects found.

Yacht owners may need administrative services that include handling necessary documents, yacht registration, ensuring compliance with international and local regulatory requirements, as well as consultations on legal and licensing matters.