A Smart Move for Vessel Owners
The Madeira International Shipping Register (MAR) is widely recognised as one of the top three yacht registers in the EU. Renowned for its competitive advantages, robust legal framework and high-quality maritime services, MAR continues to strengthen Portugal’s position as a highly attractive jurisdiction for yacht and commercial vessel registration.
MAR provides a credible and competitive alternative compared to other international registers, maintaining the quality levels and safety culture of an EU register. MAR is also being recognised by all global maritime organisations, including the International Maritime Organisation (IMO). IMO ensures yachts and ships meet the best safety and work standards. This ensures vessels registered with MAR are held to comprehensive international standards. Another key benefit of registering under MAR is access to the desirable tax incentives that the Madeira International Business Centre (MIBC) offers.
Bespoke vessel registration support
Fairway Madeira can guide you through every step of the registration process, leveraging our in-depth knowledge of MAR’s regulatory framework and long-standing relationships with our business partners in Madeira. With our proven track record and commitment to excellence, we make the process efficient, compliant, and stress-free.
Our expert team can offer yacht registration assistance and provide ongoing vessel registration support including:
Legal Representation
• If the yacht is owned by a non-resident entity, it is mandatory to appoint a local legal representative. Fairway can act in this capacity.
Company Formation
• We can assist in setting up a Madeira International Business Centre (MIBC) company, which can own the yacht and benefit from tax advantages. For the avoidance of doubt, Fairway Madeira will not be the registered company of the vessel/ship.
Documentation & Compliance
• Fairway Group manage the preparation and submission of all required documentation to the Technical Commission of MAR, tailored to either temporary or permanent registration.
• Our specialist team can provide guidance on technical and legal requirements, including vessel specifications, ownership structure, and compliance with MAR regulations.
Registration Process Management
• We provide end-to-end support throughout the MAR registration process, ensuring smooth and efficient handling of all formalities.
• We facilitate coordination with MAR authorities and other relevant bodies.
Ongoing Administrative Support
• Our expert team assist with post-registration services such as:
• Renewal of registration
• Changes in ownership or vessel details
• Liaison with MAR for inspections or updates
Why Fairway?
Fairway Group is an award winning independent fiduciary group recognised for its expertise and client centric approach. We combine deep industry knowledge with a commitment to provide tailored solutions that meet the complex and evolving needs of our international client base.
Our local presence ensures direct access to the Madeira authorities, up to date regulatory guidance, and proactive support, enabling us to deliver a highly responsive and personalised service.
For further information on Fairway’s vessel registration services, including how to register a yacht in Madeira, please contact us
