Yacht Registration under the Marshall Islands Flag

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Marshall Island Flag Registration

The Marshall Island registry is globally recognized, the Marshall Islands is an active member of the International Maritime Organization (IMO), it has ratified and implemented all key international conventions and instruments. The Marshall Islands administration continually strives to promote the quality in its Registry and those operating under the Marshall Islands Flag achieve the highest ratings in the port State control (PSC). The Marshall Islands Registry is the only major open registry to be included on the White Lists of both the Paris and Tokyo MoUs and to hold Qualship 21 status with the US Coast Guard for four consecutive years.

Private Yachts off less than 24 meters:

Private yachts 12 m or more but less than 24 m in LOA and under 20 years of age are no longer required to undergo a pre-registration inspection. However, the Administrator reserves the right to require such an inspection as deemed necessary.

Under the new rules, private yacht owners are required to complete MI-127PY, Declaration of Private Use – Not for Hire, acknowledging their responsibility to meet certain safety and environmental pollution prevention measures. However, all private yachts over 20 years of age will still be required to undergo a pre-registration inspection by either an Appointed Representative (AR) or Qualified Individual (QI).

Please note vessels less than 12 meters cannot be registered under the Marshall flag.

Which documents are required:

MI-127PY, Declaration of Private use - not for hire
List of proposed names
Application form
Proof of ownership, for example, Bill of Sale, builders certificate
Proof of insurance
Proof that the boat is free from liens and encumbrance
Tonnage and measurement certificate for yachts under 24 meters, issued by an OR or AR
All vessels must comply with the relevant national and international requirements.

Homeport

Yacht owners are given a choice of either Bikini or Jaluit as the yacht’s home port.

Who are eligible to register with the Marshall Registration?

Yachts may be owned by a RMI corporation, general or limited partnership, limited liability company, or qualified foreign maritime entity.

How long is the registration period

Yacht owners may register their yachts with the RMI under a one year program; however, an optional three-year program is offered for private yachts and PYLCs.

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Flag Country Comparison Table

	USA (Delaware)	Holland	United Kingdom	Poland
How fast can it be done?	5 Days	3 Days	3 Days	7 Days
Available for all nationalities	Yes	Yes	Yes	Yes
Validation Period	1 or 3 years	2 years	5 years	For life
Flag certificate	Yes	No	Yes	Yes
Ownership registration	Yes	Yes	Yes	Yes
Survey mandatory	No	No	Yes	No
Valid worldwide	Yes	No	Yes	Yes
Suitable for commercial yachts	No	No	Yes	no / yes
Price from	185 USD	299 EUR	799 EUR	499 EUR
	more info	more info	more info	more info