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The process for registry in Bermuda is simple and straightforward.
There are a number of standard forms to be completed and these are all available on this website.
Typically the process is:
The process can be completed very quickly.
The ownership of a Bermuda ship is divided into 64 shares which are, themselves, indivisible. It is a requirement that a majority of the shares (at least 33) are owned by “qualified” persons. In general a person is a qualified person if they are:
The full details of entitlement are contained in the Merchant Shipping (Registration of Ships) regulations 2003. There is also a requirement, if the owner is not incorporated in Bermuda for a Bermuda representative person and this person, typically a law firm, is nominated at the time of application.