CONTACT US English Português Home Welcome About Madeira Expertise & Services Downloads ABOUT MADEIRA MAR - INTERNATIONAL SHIPPING REGISTER Home/ About Madeira/ MAR – Madeira International Shipping Register MAR – Madeira International Shipping Register The International Shipping Register of Madeira (“MAR” meaning “Sea”) is the second, but most important, ship and yacht register in Portugal and one of the top three EU registers, both in number of vessels and registered tonnage. The International Shipping Register of Madeira (“MAR” meaning “Sea”) is the second, but most important, ship and yacht register in Portugal and one of the top three EU registers, both in number of vessels and registered tonnage. MAR was created within the MIBC as a credible alternative to other international registers, at the same time providing the high technical discipline and safety which characterises conventional shipping registers. It is not and never has been considered as a “flag of convenience”. All vessels registered under MAR fly the Portuguese flag and all international conventions ratified by Portugal are applicable to and complied with by MAR, contributing to the inclusion of MAR on the Paris MOU White list. Because MAR registered ships fly the Portuguese flag, they can be used for cabotage (coastal shipping, navigation, trade or transport) in EU countries. Under the MIBC Legislation, most type of commercial vessels, including cargo ships, passenger ships, barges, tugboats and other assistance providing vessel, platforms and rigs, whether these are stationary or floating, as well as pleasure yachts and commercial yachts can be registered with MAR. Only fishing boats are expressly excluded. MAR is integrated within the scope of the MIBC, and has a Technical Commission, as well as benefiting from the services of the Private Commercial Registry and Private Notarial Office. This assures a speedier process of registration. Vessels can also be temporarily registered at Portuguese Consulates abroad. It is possible to register a vessel with MAR that is owned by a non resident entity. In this case, it is compulsory to appoint a local legal representative of the foreign owner and here at MMCL we are able to act in this capacity, as required by law. It is however also possible to set up a Madeira IBC Shipping company, transferring the ownership of the vessel to this entity. In this case, the wide range of tax and financial incentives available to shipping companies duly incorporated and licensed to operate within the legal framework of the MIBC, will apply on income obtained from the activities of the vessel operating outside Portuguese territorial waters. Further information is provided in the links below: Advantages Crew In assessing crew composition and minimum crew requirements the objective of the Registry’s Technical Commission is to guarantee safety and the preservation of the quality of life aboard and at sea. The captain and 30% of the crew must be nationals of Europe or of PALOP countries (an organisation of Portuguese Speaking countries). Spanish owned vessels are also authorised to have crew from official Spanish-speaking countries. Crew composition requirements do not apply to yachts. Mortgage Law Our Shipping Expertise Madeira Management has extensive experience with the registration of vessels, yachts and the management of shipping companies. We invite you to contact our office to discuss your requirements and to identify how Madeira Management can help you. Please click here for contact details. ABOUT MADEIRA General Information The Madeira International Business Centre – MIBC Industrial Free Trade Zone MAR – Madeira International Shipping Register HOW TO PROCEED We would welcome the opportunity to assist you with more information: Contact us for a FREE consultation if you would like to discuss your requirements with one of our consultants in person. For professional intermediaries and repeat orders, download the relevant Application Form and return by fax or email. ABOUT MADEIRA MANAGEMENT Since 1989, MMCL and its team of highly qualifed, multilingual staff provide a complete range of business and private consulting and support services to companies or individuals investing through or doing business in Portugual. Read more about us LINKS Home Welcome About Madeira Expertise & Services Downloads Contact Us CONTACT US Madeira Management Cia Lda Rua dos Murças, nº 15, 1º andar 9000-058 Funchal Madeira Portugal +351 (291) 201 700 madeira.management@mmcl.pt FOLLOW US Privacy Policy | Cookie Policy | Site Map |©️ Madeira Management Cia Lda. All Rights Reserved. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies. Cookie settings ACCEPT