Ownership structures
Ownership structures
The Gibraltar ship registry offers an extensive range of ownership structures.
These include:
- Individual;
- Joint-owners;
- Companies;
Gibraltar has a wide ownership eligibility criteria accepting individuals and companies from around the globe. For further information on accepted nationalities for qualifying persons please contact our Registry staff ( maritime.yachts@gibraltar.gov.gi )
The GMA needs to ensure that persons are eligible to register a vessel in Gibraltar. Gibraltar accepts different ownership structures. These are summarised as follows:
- Individuals and joint-owners;
- Companies.
Individual and Joint Owners
The following persons can register a vessel in Gibraltar (i.e. “Qualified Persons”)Persons”)(Gibraltar Merchant Shipping (Pleasure Yachts) Regulations 1997 Regulation 4(3) ):
- British citizens;
- British Overseas Territories citizens;
- Persons who under the British Nationality Act 1981, are British subjects;
- Persons who under the Hong Kong (British Nationality) Order 1986, are British Nationals (Overseas);
- Commonwealth citizens;
- Nationals of an EEA State;
- Citizens of the following “Approved” countries:
a) Argentina; (b) Aruba; (c) Bahrain; (d) Brazil; (e) the Canary Islands; (f) China; (g) the Faroe Islands; (h) Haiti; (i) Israel; (j) Japan; (k) Liberia; (l) Madeira; (m) the Marshall Islands; (n) Monaco; (o) Panama; (p) South Korea; (q) Switzerland; (r) Suriname; (s) the United Arab Emirates; and (t) the United States of America.
*Approved countries as defined in Schedule 9 of the Gibraltar Merchant Shipping (Ship Registration) Regulations 1997
Where “Qualified Persons” are not residents in Gibraltar, he/she will have to appoint a representative person (Gibraltar Merchant Shipping (Pleasure Yachts) Regulations 1997, Regulation 5).
The following Companies can register a vessel in Gibraltar:
- Bodies corporate or legal entities incorporated, established or registered:
- Under the laws of Gibraltar, United Kingdom, Jersey, Guernsey, Isle of Man, EEA State; or
- Under the law of a Commonwealth State;
- Under the law of an “approved country”
(a) Argentina; (b) Aruba; (c) Bahrain; (d) Brazil; (e) the Canary Islands; (f) China; (g) the Faroe Islands; (h) Haiti; (i) Israel; (j) Japan; (k) Liberia; (l) Madeira; (m) the Marshall Islands; (n) Monaco; (o) Panama; (p) South Korea; (q) Switzerland; (r) Suriname; (s) the United Arab Emirates; and (t) the United States of America.
*Approved countries as defined in Schedule 10 of the Gibraltar Merchant Shipping (Pleasure Yachts) Regulations 1997 - A foreign Maritime Entity
The Companies eligible as per above will be required to:
- Have their principal place of business in Gibraltar; or;
- Have appointed a representative person.
Companies House is responsible for the registers of corporate and other ownership entities in Gibraltar.