Registration of ships and yacht under the flag of Moldova

Leonid Karagheaur Law Office provides services in view of sea and river-sea vessels registration in the State Register of Ships of the Republic of Moldova.

In 2003, the Government of the Republic of Moldova adopted a Decree to establish an open registry for mixed type vessels navigating under the flag of the Republic of Moldova.

At present, more than 520 vessels of all kinds (yachts, high-capacity large vessels etc.) navigate under the flag of the Republic of Moldova.

Vessel registration in the State Register of Ships of the Republic of Moldova is done by the National Safety Navigation Agency by the Ministry of Transport and Communications of the Republic of Moldova that is in charge of:

  • Temporary registration of vessels under leasing agreements and bareboat charter;
  • Temporary deletion of vessels from the State Register of Ships under leasing agreements and bareboat charter;
  • Registration of mortgage;
  • Issue of crew endorsements.

 

For the Republic of Moldova, the International Accredited Classification Societies (IACS) are the following:

  • IACS Members ABS      American Bureau of Shipping
  • BV Bureau Veritas
  • CCS China Classification Society
  • DNV     Det Norske Veritas
  • GL Germanischer Lloyd
  • KR Korean Register of Shipping
  • LR Lloyd's Register
  • NK Nippon Kaiji Kyokai
  • RINA Registro Italiano Navale
  • RS         Russian Maritime Register of Shipping
  • IRS Indian Register of Shipping

 

Non IACS Members:

  • MBS Maritime Bureau of Shipping
  • ClassIBS Isthmus Bureau of Shipping, S.A.
  • BRS Bulgarian Register of Shipping
  • INSB International Naval Surveys Bureau SA - I.N.S.B.
  • HRS Hellenic Register of Shipping
  • CBS Cyprus Bureau of Shipping
  • ML Maritime Lloyd
  • ICS Class Intermaritime Certification Services, ICS Class
  • PRS Poland Register of Shipping
  • TL Turkish Lloyd, Turk Loydu
  • SRU Shipping Register of Ukraine
  • VRS Venezuelan Register of Shipping C.A.
  • INCLAMAR Inspeccion y Clasificacion Maritima
  • DBS Dromon Bureau of Shipping

 

Ship owners who register their vessels under the flag of the Republic of Moldova have the following advantages:

  • No restrictions on vessel registration for non-residents of the Republic of Moldova, both legal entities and natural persons;
  • Exemption from payment of taxes and customs duties for all ship owners and freighters of the vessels registered in the Republic of Moldova;
  • No restrictions on vessel age, for the registration of all kinds of vessels;
  • Quick and easy registration procedure, everything can be done in one-two days, if all the documents are ready,
  • Low fees and charges when compared to other jurisdictions;
  • Fees and charges are collected only for the vessel registration, the ship radio station licence, and the call signs;
  • Additional discounts for the registration of up to 10 years old vessels;
  • No restrictions on crew nationality;
  • Most-Favoured-Nation treatment in most of the ports;
  • The Republic of Moldova is not considered as an “offshore zone” and has never had such a status according to the World Bank.

 

Leonid Karagheaur Law Office is one of the most quickly developing agents operating in this segment of market in the Republic of Moldova.

At present, we represent more than 12 shipping companies in the Republic of Moldova, totalling about 32 vessels of all kinds, regardless their type of ownership and nationality.

Get in touch with us and see how reliable and efficient we are!

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