In accordance with the Madeira International Ship Register (MAR), our team assists with the registration of pleasure yachts and commercial vessels.
Our knowledge and experience enable us to provide services that go beyond mere vessel registration and legal representation.
MAR is Portugal’s international shipping register, which ranks among the highest-quality international registers.
All international conventions ratified by Portugal are fully applicable and observed by MAR.
The Madeira Shipping Register offers a competitive tax regime applicable to both ships and shipping companies holding IBCM licences.
Advantages of MAR:
- Full access to European continental and island coastal shipping;
- A high-quality register with full application of all international conventions;
- A competitive social security regime which exempts shipping companies with vessels registered in the MAR and their respective non-Portuguese crews from paying social security contributions;
- The wages of crew members on commercial vessels and yachts registered in MAR are also exempt from income tax under the IBCM tax regime;
- Full application of the preferential IBCM tax regime to duly licensed shipping companies with vessels registered in MAR;
- Vessels registered in Madeira may be owned and managed by a company based, inter alia, abroad.
