Source: https://www.register-iri.com/info-center/maritime-fee-schedule/yacht-fee-schedule/
Timestamp: 2020-07-09 10:33:48
Document Index: 67379497

Matched Legal Cases: ['§10', '§10', '§1', '§6', '§6', '§203', '§18', '§9', '§13']

Yacht Fee Schedule - IRI | International Registries, Inc.
Home » Info Center » Maritime Fee Schedule » Yacht Fee Schedule
1.0 PRIVATE YACHTS
1.1 Private Yacht less than 24 meters in LOA
Registration Fee1 $550
Annual Tonnage Tax $750
Temporary Authority Ship Radio Station License $100
Full Term Ship Radio Station License2 $200
1 Includes Permanent Certificate of Registry.
2 Renewable every four (4) years (see §10.0 for renewal fees).
1.2 Private Yacht 24 meters or more in LOA
1.2.1 One (1) Year Fee Package
Up to 299 GT
300 – 399 GT
400 – 999 GT
≥ 1,000 GT
Registration Fee1 $1,500 $1,500 $1,500 $1,500
Annual Tonnage Tax $750 $750 $1,000 $1,250
Temporary Authority Ship Radio Station License $100 $100 $100 $100
Full Term Ship Radio Station License2 $200 $200 $200 $200
Certificate of Insurance – Wreck Removal3 N/A $200 $200 $200
Certificate of Insurance – Bunker Oil Pollution Damage4 N/A N/A N/A $200
Total $2,550 $2,750 $3,000 $3,450
3 Issued annually, applies to yachts 300 GT and above.
4 Issued annually, applies to yachts 1,000 GT and above.
1.2.2 Three (3) Year Fee Package
Registration Fee1 $1,350 $1,350 $1,350 $1,350
Tonnage Tax2 $2,025 $2,025 $2,700 $3,375
Full Term Ship Radio Station License3 $200 $200 $200 $200
Certificate of Insurance – Wreck Removal4 N/A $600 $600 $600
Certificate of Insurance – Bunker Oil Pollution Damage5 N/A N/A N/A $600
Total $3,675 $4,275 $4,950 $6,225
1 Includes a 10% discount and a Permanent Certificate of Registry.
2 Payable every three (3) years and includes a 10% discount on the annual tonnage tax.
3 Renewable every four (4) years (see §10.0 for renewal fees).
4 Certificate issued annually, but fee covers three (3) years, applies to yachts 300 GT and above.
5 Certificate issued annually, but fee covers three (3) years, applies to yachts 1,000 GT and above.
Fees are not reimbursable if the registration is terminated before the end of the three (3) year period.
1.3 Private Yacht Limited Charter (PYLC)
1.3.1 One (1) Year Fee Package
400 – 499 GT
Registration Fee1 $1,500 $1,500 $1,500
Annual Tonnage Tax $750 $750 $1,000
Temporary Authority Ship Radio Station License $100 $100 $100
Full Term Ship Radio Station License2 $200 $200 $200
Minimum Safe Manning Certificate $300 $300 $300
Certificate of Insurance – Wreck Removal3 N/A $200 $200
Annual Maritime Security and Compliance Fee4 $250 $250 $250
Annual Yacht Service Fee5 $1,000 $1,000 $1,000
Total $4,100 $4,300 $4,550
4 For: 1) vetting of all registered yachts and their respective crews; 2) issuing Letters of Non-Objection to yachts trading in designated High-Risk Areas; and 3) issuing Yacht Security Advisories.
5 Covers routine service requests, not otherwise specified, and issuing the Private Yacht Limited Charter Compliance Certificate (PYLCCC)* which is valid for five (5) years, subject to an annual Compliance Verification.
1.3.2 Three (3) Year Fee Package
Registration Fee1 $1,350 $1,350 $1,350
Tonnage Tax2 $2,025 $2,025 $2,700
Full Term Ship Radio Station License3 $200 $200 $200
Certificate of Insurance – Wreck Removal4 N/A $600 $600
Annual Maritime Security and Compliance Fee5 $750 $750 $750
Annual Yacht Service Fee6 $3,000 $3,000 $3,000
Total $7,725 $8,325 $9,000
4 Issued annually, but fee covers three (3) years, applies to yachts 300 GT and more.
5 For: 1) vetting of all registered yachts and their respective crews; 2) issuing Letters of Non-Objection to yachts trading in designated High-Risk Areas; and 3) issuing Yacht Security Advisories.
6 Payable every three (3) years and covers routine service requests, not otherwise specified, and issuing the PYLCCC which is valid for five (5) years, subject to an annual Compliance Verification.
1.4 Yacht Engaged in Trade (YET)
Minimum Safe Manning Certificate $300 $300 $300 $300
Annual Marshall Islands International Participation (MIIP)3 N/A N/A $1,700 $1,700
Continuous Synopsis Record (CSR) Document4 N/A N/A $300 $300
Certificate of Insurance – Bunker Oil Pollution Damage5 N/A N/A N/A $200
Certificate of Insurance – Wreck Removal6 N/A $200 $200 $200
Annual Maritime Security and Compliance Fee7 $250 $250 $250 $250
Annual Yacht Service Fee8 $1,000 $1,000 $1,000 $1,000
Total $4,100 $4,300 $6,550 $7,000
1 Includes the Permanent Certificate of Registry (a Temporary YET Certificate of Registry is not included in the registration fee (see §1.4.1)).
3 For yachts 400 GT to 4,000 GT (for those over 4,000 GT, see §6.0).
4 CSR only applies to yachts 500 GT and above.
5 Issued annually, applies to yachts 1,000 GT and above.
6 Issued annually, applies to yachts 300 GT and above.
7 For: 1) vetting of all registered yachts and their respective crews; 2) issuing Letters of Non-Objection to yachts trading in designated High-Risk Areas; and 3) issuing Yacht Security Advisories.
8 Covers routine service requests, not otherwise specified, and issuing the Yacht Engaged in Trade Compliance Certificate (YETCC) which is valid for five (5) years, subject to an annual Compliance Verification.
1.4.1 Temporary YET Certificate of Registry
Temporary Certificate of Registry for YET1 $450 $450 $450 $450
1 Issued each time a yacht is permitted to engage in trade (84 days/year maximum).
2.0 COMMERCIAL YACHT
Registration Fee1 $1,800 $1,800 $1,800 $1,800
Temporary Authority Ship Radio Station License $200 $200 $200 $200
Full Term Ship Radio Station License2 $400 $400 $400 $400
Total $4,700 $4,900 $7,150 $7,600
1 Includes the Provisional and Permanent Certificates of Registry.
3 For yachts from 400 GT to 4,000 GT (for those over 4,000 GT, see §6.0).
8 Covers routine service requests, not otherwise specified, and issuing the Commercial Yacht Compliance Certificate (CYCC) which is valid for five (5) years, subject to an annual Compliance Verification.
3.0 PASSENGER YACHT (PAXY)
Registration Fee1 $1,800
Annual Tonnage Tax $1,250
Temporary Authority Ship Radio Station License $200
Full Term Ship Radio Station License2 $400
Minimum Safe Manning Certificate $300
Annual Marshall Islands International Participation (MIIP)3 $1,700
Continuous Synopsis Record (CSR) Document4 $300
Certificate of Insurance – Bunker Oil Pollution Damage5 $200
Certificate of Insurance – Wreck Removal6 $200
Certificate of Insurance (Athens Convention) – Liability for the Death of and Personal Injury to Passengers $200
Annual Maritime Security and Compliance Fee7 $250
Annual Yacht Service Fee8 $1,000
Total $7,800
1 Includes the Provisional (as applicable) and Permanent Certificates of Registry.
7 For: 1) vetting of all registered yachts and their respective crews; 2) issuing Letters of Non-Objection to vessels trading in designated High-Risk Areas; and 3) issuing Yacht Security Advisories.
8 For routine service requests not otherwise specified and issuing the Passenger Yacht Compliance Certificate (PAXYCC) which is valid for five (5) years, subject to an annual Compliance Verification.
4.0 YACHT UNDER CONSTRUCTION
The fees collected for Intended Registration and Vessel Under Construction Registration will be credited towards the Standard Registration fee upon the full registration of the yacht under the RMI flag.
Intended registration of a newbuilding under construction $2,500
Registration of a newbuilding under construction $2,500
5.0 TENDERS
5.1 Voluntary Registration – 30 feet or greater LOA
2 Renewable every four (4) years.
6.0 ANNUAL MARSHALL ISLANDS INTERNATIONAL PARTICIPATION (MIIP) FEE
Annual MIIP fee per yacht
PAXY, Commercial Yachts, and YETs – from 400 GT up to 4,000 GT $1,700
PAXY, Commercial Yachts, and YETs – over 4,000 GT $1,500 plus $0.05/GT
7.0 RE-REGISTRATION FEES
The re-registration fee is the same as initial registration fee (excluding the annual fees).
Annual fees due for the subsequent year(s) remain the same as established at initial registration or per the published schedule.
8.0 CHANGE OF NAME
Changing the yacht name (any size) $250
9.0 DOCUMENTATION OF VESSELS
9.1 Subsequent Certificates of Registry
Issuing subsequent Certificates of Registry after registration $300
9.2 Subsequent Continuous Synopsis Records (CSRs)
Issuing a subsequent CSR after registration or a voluntary CSR to a yacht not required to comply with the ISM Code $300
Transfer or issuance of CSR transcript $450
9.3 Bareboat Charter Registration
Letter of Consent $250
Certificate of Deletion $250
9.4 Foreign Bareboat Charter Registration
Certificate of Permission for Foreign Bareboat Charter Registration $250
9.5 Permission to Sell for Re-registration
Certificate of Permission for Sale and Re-registration $250
9.6 Certificate of Permission to Transfer an RMI-flagged
For issuing a Permission to Transfer (90-day validity):
Yachts less than 24 meters in LOA and registered tenders $200
All other yachts $250
9.7 Certificate of Cancellation
For processing the documentation and issuing the certificate:
All other yachts $500
10.0 RADIO STATION LICENSES
10.1 Temporary Authority (TA)
A TA to operate a Yacht Radio Station – valid for 90 days
Private Yachts, PYLCs, and YETs $100
First renewal $125
Second and subsequent renewals $150
Commercial Yachts and PAXYs $200
First renewal $250
Second and subsequent renewals $350
Tenders $100
10.2 Full Term Ship Radio Station Licenses
Valid for four (4) years:
Private Yachts, PYLCs, and YETs
Original $200
Amendment, renewal, or replacement $200
Commercial Yachts and PAXYs
Amendment, renewal, or replacement $400
10.3 Long Range Identification and Tracking (LRIT)
LRIT Reconnection Fee1 $200
1 When the terminal is powered down intentionally and is not in compliance with applicable requirements (RMI Marine Notice 2-011-25).
11.0 YACHT OWNING ENTITY
Any outstanding business entity formation fees, foreign maritime entity registration fees, annual maintenance fees, or any other outstanding corporate fees must also be paid at the time of registration.
12.0 MISCELLANEOUS YACHT-SPECIFIC CHARGES
12.1 Yacht Compliance Change
Processing a compliance change per vessel $300
12.2 Annual Yacht Service Fee (except Private Yachts)
For routine service requests not otherwise specified and issuing yacht Compliance Certificates which are valid for five (5) years, subject to an annual Compliance Verification $1,000
12.3 Re-instatement of a Yacht Compliance Certificate
After failure to maintain compliance $2,000
12.4 Re-issuing a Compliance Certificate or Compliance Document
Re-issuance due to loss, destruction, or change of particulars $300
12.5 Official Records of Auxiliary Vessels and Appurtenances
Official Record of Auxiliary Vessels and Appurtenances issued to a yacht $300
12.6 Obtaining an RMI Flag
RMI flag (3×5) $75
RMI flag (4×6) $95
RMI flag (5×8) $150
13.0 OTHER CERTIFICATES AND DOCUMENT CHARGES
13.1 Certificate of Ownership and Encumbrance
All yachts $200
13.2 Minimum Safe Manning Certificate
First issue $300
Re-issue $150
13.3 Marriage, Birth, Death, or Burial Certificates
Certificate of a Marriage, Birth, Death, or Burial at Sea $200
13.4 Insurance or Other Financial Security Certificates: Non-RMI-registered Yachts
Issuing insurance or other financial security certificates for qualifying non-RMI-registered Yachts $300 per vessel
13.5 Authentication
Authentication of any document not otherwise specified (plus costs) $300
13.6 Certified Copies
First certified copy of a document1 $375
Each additional certified copy1 $375
1 Plus delivery costs and expedited receipt, if requested.
13.7 Certified Extract
Preferred Mortgage Index $200
13.8 Certificates or documents not otherwise specified
Each (plus costs) $300
13.9 Waiver under §203 of the RMI Maritime Act
20-year age limitation $500
Other allowances $150
13.10 Courier Fees
All courier fees, except for seafarer document deliveries listed in §18.10 At cost
14.0 INSTRUMENT RECORDING
14.1 Bill of Sale
Recording a Bill of Sale, all yachts $250
14.2 Other Instruments
For recording other instruments, including a mortgage, financing charter, amendment, supplement or other instrument recordable under the RMI Maritime Act or Regulations, whether it provides for the addition of new security, or deals with an obligation unrelated to that described in the original mortgage or financing charter:
All yachts $600 each
Yachts under construction $600 each
14.3 Recording Services
For recording the Satisfaction, Release or Discharge of Mortgage or Financing Charter:
All yachts $300
Yachts under construction $300
15.0 FEES FOR SPECIAL SERVICES
In addition to any applicable fees referred to in this Notice, the following fees for special services may also be payable to the Administrator:
15.1 Regional Office Attendance
The fees for services requiring the attendance of a representative of the Administrator during a transaction conducted outside the normal business hours are:
First two (2) hours attendance or any portion thereof $250
Each additional two (2) hours of attendance or any portion thereof $250
Meals (if applicable) $50
If the transaction above starts after 1700 on Friday and before 0700 on Monday or is scheduled on a holiday as determined by the Administrator, these fees apply:
First two (2) hours of attendance, or any portion thereof $350
Every additional two (2) hours of attendance or portion thereof $350
15.2 Administrative and Delivery Fees
These expenses, including administrative support and photocopying, incurred for the convenience of the requesting party or for the secure delivery of “official documents,” will be charged as follows:
Fixed fee for yacht registration transactions $100
Delivery of any other official documents listed in §9.0 through §13.0 Actual Cost
16.0 INVESTIGATIONS OR FORMAL HEARINGS
Parties and interested persons may be required to pay certain actual costs incurred by the Administrator for investigations or formal hearings on casualties and contraventions.
17.0 PUBLICATIONS
To order the publications below, complete form TCMI-03 and email it to publications@register-iri.com. Do not send payment with the publication order. Invoicing is done separately and will include the cost of the items ordered plus courier shipping and handling charges. Once the invoice is received, payment may be made online with a credit card or by following these instructions.
Oil Record Book $25
Oil Record Book Instructions can be downloaded here.
Articles of Agreement, one (1) set of three (3) pieces $25
18.0 SEAFARER CERTIFICATION
18.1 Officer Certificate of Competence – First Issue
After qualification by examination or endorsement.
All Management and Operational Officers $250
Restricted and General Operator – GMDSS only $50
These include issuing a Certificate of Receipt of Application (CRA).
18.2 Officer Certificates of Competence – Renewals
Renewal of an Officer Certificate of Competence $150
18.3 Temporary Authorization as an Officer
Following RMI Maritime Regulation 7.39 $100
Must hold a valid RMI Endorsement in a lower capacity.
18.4 RMI Seafarer’s Identification and Record Book (SIRB) and Identification Card
New, renewal or replacement of an SIRB1 $70
Optional Identification Card $25
First five (5) applicants $50
Plus, for every additional one (1) to five (5) applicants $50
1 5-year validity.
18.5 Special Qualifications Certificates after exam or endorsement
Basic Training, Wiper, Junior Ordinary Seafarer, GP-Trainee, General Steward Utility No Fee
All others $35
18.6 Examinations
Officer Certificate of Competence $300
Re-take of a failed officer examination $150
Requests from owners, agents, or applicants to hold special group examinations or individual examinations away from the designated test centers will be honored, if possible, provided the requesting party undertakes the costs of all administrative out-of-pocket expenses, including the examiner’s transportation, lodging and meals, exam facility rental, assisting proctors’ fees, and related expenses as may be reasonably incurred, or a $50 per day proctoring fee, whichever is greater.
18.7 Urgent Authorization (UA)
UA for an Officer to Serve on Assignment1 $100
1 Prior to submission of a completed application.
18.8 Replacement Certificates
Replacement of a lost or destroyed certificate of competence $100
18.9 Authentication, Special Services, Expediting
Authentication of sea service $50
Special Services/Expediting for one (1) to five (5) applicants $50
18.10 Courier service fee required for secured delivery of seafarer documentation
Courier fee for overseas delivery for one (1) to eight (8) applicants $40
Plus, for each applicant over eight (8) $5
19.0 PAYMENT METHODS
Fees may be paid in several ways:
19.1 Check or bank draft
Payable to “The Trust Company of the Marshall Islands, Inc.” in United States dollars and drawn on a US bank or the US branch of an international bank.
The Trust Company of the Marshall Islands, Inc.
Reston, Virginia 20195-0095 USA
19.2 Wire transfers
The instructions are in this document.
19.3 Online
Pay online using a credit card. Online payment requires either the Mozilla Firefox or Internet Explorer browser.
The latest version of this document (November 2018) is available for downloading as MN 1-005-2.