FAQ: Yacht Registration in Thailand

1. Who is eligible to register a yacht in Thailand?
   Yacht registration in Thailand is available to Thai citizens and companies. Foreign nationals can register a yacht by establishing a Thai company or entering into a long-term lease with a Thai entity.

2. What are the benefits of registering a yacht in Thailand?
   Thailand offers competitive registration fees, access to world-class marinas, and the ability to sail in Thai waters. Additionally, Thai registration allows access to ASEAN countries and their surrounding waters.

3. What types of yachts can be registered in Thailand?
   Private yachts, commercial yachts, pleasure vessels, and superyachts can all be registered in Thailand.

4. What documents are required to register a yacht in Thailand?
   Required documents include:Proof of ownership (Bill of Sale or Builder’s Certificate)
   Certificate of incorporation (if owned by a company)
   Proof of identity (for individual owners)
   Tonnage certificate (for larger yachts)
   Seaworthiness certificate (for commercial yachts)
   Previous registration certificate (if applicable)
   Proof of insurance
   Completed application form for yacht registration
   

5. How long does the yacht registration process take in Thailand?
   The registration process typically takes 2 to 4 weeks, depending on the completeness of the documents and the yacht’s size.

6. Can foreign nationals register a yacht in Thailand?
   Yes, foreign nationals can register a yacht in Thailand, but they must do so through a Thai-registered company or by establishing a long-term lease arrangement with a Thai company.

7. What are the costs associated with yacht registration in Thailand?
   Costs vary based on the size and type of the yacht (private or commercial) and include initial registration fees, tonnage-based fees, and annual renewal fees.

8. Is VAT applicable for yachts registered in Thailand?
   VAT may apply to yachts purchased or imported into Thailand. However, there are exemptions for vessels used for commercial purposes, such as charters.

9. Are there annual fees for yacht registration in Thailand?
   Yes, annual renewal fees are required to maintain yacht registration, and they are typically based on the gross tonnage of the yacht.

10. Can I register a mortgage on a yacht in Thailand?
    Yes, mortgages can be registered on yachts in Thailand. This is important for financing and provides legal protection for lenders and yacht owners.

11. Can I register a yacht under construction in Thailand?
    Yes, yachts under construction can be registered in Thailand as long as the appropriate documents and conditions are met.

12. What inspections or surveys are required for yacht registration?
    Larger yachts and commercial vessels may require inspections or surveys to confirm their seaworthiness and compliance with Thai maritime regulations.

13. Can I fly the Thai flag once my yacht is registered?
    Yes, once registered, your yacht can fly the Thai flag, signaling compliance with Thailand’s maritime laws and regulations.

14. Is dual registration allowed in Thailand?
    No, dual registration is not permitted. A yacht registered in Thailand cannot be registered under another country’s flag simultaneously.

15. How do I renew my yacht registration in Thailand?
    Yacht registration in Thailand must be renewed annually. Renewal requires submitting the necessary paperwork and paying the applicable fees.

16. What happens if I sell my yacht?
    Upon selling your yacht, the new owner must update the registration with their information, and the necessary transfer documents must be filed with the Thai maritime authorities.

17. Where can I get more information on yacht registration in Thailand?
    For more information, you can contact the Marine Department of Thailand or consult a local maritime lawyer or yacht registration specialist.