Fees applicable to Yachts

Depending on whether the yacht is to be used for leisure or for chartering activities, the following fees will apply:

1 – Pleasure yachts, registered for leisure purposes, are subject to:

a. An initial fee due for the registration, in the amount of 500 euros;
b. An annual fee payable to maintain the registration of:

I. 500 euros for pleasure yachts between 7 and 24 meters long;
II. 500 euros plus 2 euros per gross ton for pleasure yachts more than 24 meters long.

2 – Pleasure yachts, registered for commercial purposes, are subject to:

a. For the initial registration or registration renewal:

I. Fixed fee in the amount of 1,250 euros;
II. Variable fee:

ScaleFee per Scale
Up to 250 GT200 Euros
Above 250 GT0.75 euros per GT

GT: Gross Tonnage

b. An annual fee payable to maintain the registration:
I. Fixed fee of 1,000 euros;
II. Variable fee:

ScaleFee per Scale
Up to 250 GT200 Euros
Above 250 GT0.75 euros per GT

GT: Gross Tonnage

3 – Yachts owned by entities licensed within the legal scope of Madeira’s International Business Centre are entitled to benefit from an exemption from the initial fee for registration and to a 20% reduction in the annual fee.

Other fees will be applicable on the issue, recognition or renewal by the Technical Commission of MAR of various documents, declarations and certificates, as well as for the carrying out of inspections aboard vessels registered in MAR.

Fees applicable to yacht owning companies

Shipping companies incorporated in Madeira’s IBC will be subject to a licence and annual operating fees of, respectively, 1,000 euros and 1,800 euros.

madeira-ship-registration-annual-fees
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Register Your Yacht in Madeira

Register Your Yacht under Portuguese Flag and operate with the homeport “Madeira“