Yachts registration detail

For the Permanent Registration, the following documents are required: (term: six months after the issuance of the provisional registration) proof of ownership such as a bill of sale or building certificate, a power of attorney on behalf of our law firm, and a deletion certificate or cancellation certificate from the previous registry; not required for new vessels.

There is no minimum tonnage required for the registration of a pleasure vessel, and there is a sole registration charge of US$1,500 for each boat. If a Panama person owns the ship, Panama Company, or Panama Foundation, the cost would be US$1,000.

Every two years, the vessel shall pay to the Panama Government US$1,500 (or US$1,000 if owned by a Panama entity), plus our firm fees as Resident Agents of the vessel in Panama.

Our firm can obtain the provisional registration documents in approximately two business days (once the payment is received and all the documents and information are provided). Contact us for further details on registering your pleasure vessel in Panama.