SHIP REGISTRY IN THE CANARY ISLANDS
We provide Ships Registration in Canary Islands (Spain) flag, and maintain your Company and Ships under all regulations of the Spanish and European Union (E.U.) Authorities
The Ships Registry of the Canary Islands is the 2nd. Registry of Spain, with the advantage of the F.O.C. and to operate under a European Union Flag, with the follow benefits:
1. No restriction of Owners and Ship Managers.
2. Exemption of 90% of Company Tax.
3. Acceptable all Merchant Vessels, including Passenger Ships,
over 100 GT.
For Registry Vessels in the Canary Islands, under Spanish Flag, is necessary to establish an International Business Company (I.B.C.) in the Canary Islands.
International Ship´s Register, establish the I.B.C. and registry your Company & Vessels in the Canary Islands (Spain) to facility the communication and legal operations and maintain all legal structures of Company representation with the Maritime and National Authorities at low cost.
1. Benefits in Fiscal and Social Taxations.
• Conveyance Tax and Stamp Duty:
Exemption as to the acts and contracts entered into on ships registered on the Special Register of the Canaries (Act 19/1994, of 6th July, amending the Economic and Fiscal Regime of the Canaries).
• Personal Income Tax:
Crews navigating on ships registered on the Special Register, Whose salaries are
subject to Spanish Income Tax (IRPF): 50% of the salary obtained sailing on ships
registered on this Register will be considered exempt income.
• Company Tax:
Tax allowance of 90% of the base tax corresponding to the benefits obtained from
operations performed by shipping companies, regarding only their ships registered on
the Special Register of Ships and Shipping Companies. Prior to this, the appropriate
double taxation deductions will be performed, when applicable.
• Tonnage Tax.
This system allows shipping companies to choose between paying Company Tax
on a fixed sum per registered tonnage and paying a quantity that depends on profit
obtained (Chapter XVII, Regime of Shipping Companies according to tonnage, Act
24/2001, of December 27th, on Tax, Administrative and Corporate Measures
(Official State Gazette number 313, December 31st, 2001).
• Contributions to the National Health Service:
Tax allowance of 90% of the base tax corresponding to the contributions made to
the National Health Service for the crews of ships registered on the Special Register.
• Special Taxes:
First registration on the Canary Islands Special Shipping Register is not subject to
the “Special Tax on Transport Means”.
2. Tax Rates.
When applying for a provisional registration, it is required to have a document proving payment of relevant registration fees. This document will be included in the registration file.
Spanish ships coming from the Ordinary Register do not need to pay the Special Register fees.
Unit to be considered will be Gross Tonnage, either G.R.T. or G.T., and this value will be the one recorded on the Tonnage Certificate in force held by the ship. When gross tonnage is stated both in G.R.T. and G.T., the higher of the figures stated will be taken.
Registration Ship 0,165612 * (GT ) €
Shipping Company 16,60 €
Withdrawal Ship 0,165612 * (GT ) €
Shipping Company 16,60 €
Record fee 16,56 €
Amendments/Updates to the Register of Shipping Companies 16,56 €
Certificate or Certified Copy of Registration record 6,62 €
Uncertified File Copies 16,56 €
3. Shipping Companies.
3.1. Registration Requirements.
Basing the effective control centre for shipping operations in the Canaries or, if based in mainland Spain or abroad, a permanent establishment or legal representation must be in the Canaries, as authorised by Public Deed.
Registration on the Special Register of Shipping Companies will be approved by Certification issued by the Mercantile Register. This certification will state that corporate objectives include financial operation of merchant vessels, under whatever means assuring availability of the whole ship.
Owning or leasing ships whose registration is requested; or having possession of these under a bareboat charter agreement or any other title involving control of the nautical and commercial management of the ship.
Shipping Companies based on the Canary Islands, or those that have an establishment there, will provide the following documents in order to register on the Special Register of Shipping Companies:
• Application form for company registration on the Special Register of Ships and Shipping Companies of the Canary Islands.
• Certified copy of the Company’s Tax Identification Card.
• Certified copy of the Company’s Deed and Articles of Incorporation.
• Certificate issued in the Mercantile Register containing details about participants, names, addresses, authorised capital and share allocation and objectives, particularly in relation to the availability of the whole ship.
• Receipt of relevant registration fees.
Foreign Shipping Companies that only having one legal representative in the Canary Islands need to provide the following documents in order to register on the Special Register of Shipping Companies:
• Notarised powers of attorney appointing a legal representative which, besides containing details related to representation, include deed or public document relating incorporation of the foreign company providing company name, address, share capital and identity of the administrators, stating that their corporate objectives include economic operation of merchant vessels under any mode that assures the availability of the whole ship.
• Receipt of relevant registration fees.
All documentation issued in a language other than Spanish must be translated by an official translator and comply with the Apostille of the Hague. (The Hague Convention October 5th 1961)
4.1. Registration Requirements.
Merchant Vessels intended to navigate under mercantile purposes, excluding fishing, measuring 100 GT or more. Measurement tonnage will be established by the International Convention on Tonnage Measurement of Ships (London, June 23rd 1969).
Ships must be assigned to foreign, overseas or peninsular coastal navigation to, or between ports located in the Islands, Ceuta and Melilla. Passenger-ship traffic is also admitted.
Overseas navigation is the one performed between ports or points located in areas where Spain exercises sovereignty, sovereign rights or jurisdiction and ports or points located outside those areas. Foreign navigation is the one performed between ports or points located outside the areas where Spain exercises sovereignty, sovereign rights or jurisdiction.
If ships are registered in a register other than the Spanish Register, they must fulfill safety rules established by Spanish Laws and by the International Conventions ratified by Spain, and may be subject to inspection prior to their registration.
Ships registered in EU registers, and having being registered in those for at least six months, will obtain relevant Spanish certificates (not needing prior inspection), on behalf of the certificates they already hold and are still in force and were issued by the competent Maritime Authority (EC Regulation no. 789/2004, of the European Parliament and the Council, April 21st 2004, on transferral of cargo ships and passage between registers within the EU, in relation to the relevant provisions of Royal Decree 1837/2000, November 10th, contaning the Regulations on Inspection and Certification of Merchant Vessels).
Ships registered in third countries’ registers, holding certificates in force that were issued by the Maritime Authority of the State or, if appropriate, by the Classification Society that acts on its behalf, will be registered on the Special Register not needing prior inspection, as long as those States or Classification Societies certify that, at the moment of registration, the ship complies with what it is stated on her certificates. Those certificates will be replaced by Spanish certificates.
Anyway, in order to comply with Spanish Laws and International Conventions signed by Spain, ships may be subject to inspection prior to registration on the Special Register. This is intended to confirm that the ship and her equipment remain in the same good condition as it is stated on her certificates.
5. Ships’ crews.
• Master and Chief Officer: European Union citizens.
• Others: At least 50% of the rest of the crew must be Spanish or be from any other
EU country. The other 50% of anyone nationality.
• Prior to registration and at the request of the company, the Ministry of Development
will establish minimum safe manning, depending on the ship.
Labour and National Health Service Regulations applicable to non-national workers:
• These will be the laws both parties freely agree to comply with. Regulations will be
agreed by worker and company and will comply with I.L.O. Conventions. Failing
agreement, Spanish Laws on such matters will be applicable.
To contact us:
INTERNATIONAL SHIP´S REGISTER, S.L.
Avda. Profesor Peraza Ayala, 11-1º-3
38001-S/C. de Tenerife (The Canary Islands) SPAIN
Phone: +34 922 270616 / +34 609 930983
Fax: +34 922 270616