Pleasure Yacht Registration

Home Maritime Law Pleasure Yacht Registration

Leisure vessels or yachts can be registered under the Panama flag. Once an application to the Panama Maritime Authority has been made , all pleasure yachts will obtain a patent of navigation valid for 2 years.

To apply for a pleasure yacht registration, the applicants shall submit the following documents:

A power of attorney whereby a registered agent (Gerli & Company) for the vessel is appointed.
A Deletion Certificate from previous registry or a Waiver of the previous registry.
Proof in the form of a Bill of Sale that the applicant is the owner of the yacht.
Letter from the owner of the vessel certifying that the vessel shall not be used for commercial purposes.

Oleg - Klaipeda
I have worked with Gerli & Company for a number of years and have known Ismael Gerli, for over a decade. When it comes to detail, no questions to be asked, Ismael Gerli, knows how to run ships in rough waters. Thumbs Up
Well-known reputation
I was very pleased that I chose Gerli & Company some two decades ago, to represent me in my companies spin off, ever since we have set up and organized both onshore and offshore structures through Gerli & Company, whom have proven highly skillful. Our group exceeds 100 corporate structures and Panama Private Foundations. Their credibility and well-known reputation has been key to our success.
Attention to detail
I have worked with Gerli & Company for a number of years and have known Ismael Gerli, for over a decade. When it comes to detail, no questions to be asked, Ismael Gerli, knows how to run ships in rough waters. Thumbs Up
Very professional and proficient
I have the utmost appreciation and respect for the Gerli & Company Law Firm. Our case was complex and it included a number corporate structures and registration of vessels in four flag registries. There were multiple lawyers and paralegals assigned to us, from both Panama and Miami office. All with whom I communicated with was indeed professional and proficient in their role. They definitively exceed the expectations of their clients. The team worked earnestly towards structuring what we needed, a strong validation as well for the Gerli team in Ft Lauderdale and Marshall Islands Registry staff.
Sound guidance
I contacted Gerli & Company based on their stellar reputation supporting real estate and second citizenship program immigration process in Dominica. Ismael Gerli, and his team provided sound guidance when addressing my request on application and additional requirements. They were truly committed, treated me professionally, and most importantly provided realistic expectations masterfully. Thank you Ismael and staff for your overwhelming support and final success on our application, both Katerina and myself are grateful and happy with our new passport.
Extremely knowledgeable and professional
I worked with Gerli & Company team on an Maritime labor dispute within our hear office in Panama City, involving gender grade group assignment. I am certain the firm had many other cases, however, I felt like I was a priority to the firm, and mostly to the staff assigned to our case. We had 24/ 7 communication while we visited Panama, they were reachable at all times and worked hand to hand with me during the entire process. Staff members, and legal assistants to the partners, had cutting knowledgeable and professionalism at its best. Without question, what was perceive as unpleasant, became more tolerable.