Panama currently has the world’s largest registry of merchant vessels. Ships registered in Panama account for a substantial percentage of worldwide trade. Panasuisse has experience in dealing directly with the registry and in addition provides mortgage advice. If necessary we can arrange vessel financing through our agent in Switzerland.
Benefits from Panamanian ship registration are not limited to those with commercial interest. Panasuisse also facilitates yacht registration for owners wishing to register private vessels in Panama. With experience in maritime law and an awareness of movements in the vessel registration industry, Panasuisse is the perfect registration partner.
• Cost efficient
• No minimum size of vessel
• Ownership by individuals or company – reduced registry fees for Panamanian
individuals or Panamanian companies
• Income not taxed in Panama