Ship Registration in Singapore

Strategically-located Singapore is one of the world's leading shipping hubs, supported by a wide range of related services. Healy Consultants assists our Clients with ship registration in Singapore. The following will help you determine whether registering your ship in Singapore is the optimum solution to fulfill your international business objectives:
1.	Ship registration in Singapore requires vessels to be owned by a Singaporean citizen or by a company incorporated in Singapore.
2.	Singapore is renowned for the quality of its ship registry. Singapore is a signatory to International Maritime Organisation (IMO) conventions, meaning ship registration in Singapore in a reputable option for vessel owners.
3.	The Port of Singapore is one of the world's busiest. Because it is a globally-recognised shipping centre, ship registration in Singapore is a popular solution for many vessel owners.
4.	Ship registration in Singapore typically evolves as follows: i) Healy Consultants reserves the vessel name ii) Healy Consultants submits to the Government the documents related to ship registration in Singapore and iii) Healy Consultants pays the initial registration fee and annual tonnage tax on behalf of our client to complete ship registration in Singapore.
5.	Before Singapore ship registration, a tax is levied according to the vessel's tonnage. The fee is S$2.50 per Net Ton (NT) to the nearest ton subject to a minimum of S$1,250 (500 NT) and a maximum of S$50,000 (20,000 NT).
6.	Following ship registration in Singapore, profits derived from the operation of the vessel are legitimately exempt from Singapore tax provided certain conditions are met.
7.	Once a ship is registered in Singapore, it is subject to an annual tonnage tax of S$0.2 per Net Ton (NT) to the nearest ton subject to a minimum of S$100 (500 NT) and a maximum of S$10,000 (50,000 NT).
8.	Ship registration in Singapore will be complete between one to two weeks, depending on vessel type and ownership structure.
Our Services
Ship registration in Singapore is challenging because of the information required by the Singapore Registry of Ships. However, Healy Consultants minimises the inconvenience to vessel owners during ship registration in Singapore. Some of our services related to ship registration in Singapore include:
1.	Registration of pleasure vessels.
2.	Registration of commercial vessels.
3.	Obtaining approval for vessel's name and vessel’s official number and call sign number/signal letters.
4.	Appointment of an agent and manager.
5.	Obtaining corporate ownership.
6.	Obtaining statutory management.
Contact Us
For additional information on ship registration in Singapore, email email@healyconsultants.com or call us in Singapore at (+65) 6735 0120.
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