The Panama Ship Registry maintains flexible requirements and fees for those yachts registered in Panama.

The principal advantage offered to pleasure yachts is that the registry has established a flat registration fee, regardless of size or tonnage of the yacht.

For Panamanian owned yachts, meaning by this that the yacht is property of a Panama company or a private interest foundation the registration fee is of US$1,000.00. to be paid every two years, time upon which navigation documents will also be renovated.

Documentation required is simple: bill of sale, admeasurement certificate, cancellation of previous registry (if not a new building) and power of attorney.

Proceedings are expedite and can be carried out in two different stages:

• Provisional navigation documents may be obtained by providing copies (faxed) of the documents required.
• Permanent navigation documents may be obtained immediately upon presentation of original copies of documents required. Proceedings normally take from 3 to 4 days.
Panama yachts license for captain and crew may also be obtained.


• Yachts that are not property of a Panamanian legal entity pay US$1,500.00 to register.

For information about prices please contact us