Registration and Taxation of Yachts in Finland

[TeddyDiver]

Originally Posted by Lorrendraaier

Note : as formulated by the Finnish Transport and Communications Agency (Traficom)

“A watercraft is Finnish and entitled to fly the Finnish flag if a Finnish citizen or a Finnish legal person owns more than 60 per cent of the watercraft. The ownership base will be indicated in the system according to the customer notification. A watercraft may be registered without the right to fly the flag if the nationality requirement is not met.

The right to fly the flag is indicated by the symbol of the Finnish flag on the registration certificate and by the text indicating that the card is a valid proof of nationality.”

For further information : https://www.traficom.fi/en/transport...nne-en/boaters

Used to be.. Obviously they haven't updated their pages recently, typical.

The most accurate information is in Finlex, the current law, but unfortunalely in finish or swedish (which by the way is more accurate what comes to google translations)

BR Teddy

[Miketcq8]

Originally Posted by Lorrendraaier

Note : as formulated by the Finnish Transport and Communications Agency (Traficom)

“A watercraft is Finnish and entitled to fly the Finnish flag if a Finnish citizen or a Finnish legal person owns more than 60 per cent of the watercraft. The ownership base will be indicated in the system according to the customer notification. A watercraft may be registered without the right to fly the flag if the nationality requirement is not met.

The right to fly the flag is indicated by the symbol of the Finnish flag on the registration certificate and by the text indicating that the card is a valid proof of nationality.”

For further information : https://www.traficom.fi/en/transport...nne-en/boaters

What does it mean, "the right to fly the flag"? If you can't fly the flag of Registration, then who protects you and your boat if you not flying the national flag? It kind of seems senseless! Or am is missing something obvious?

[TeddyDiver]

Originally Posted by Miketcq8

What does it mean, "the right to fly the flag"? If you can't fly the flag of Registration, then who protects you and your boat if you not flying the national flag? It kind of seems senseless! Or am is missing something obvious?

You missed the first part of sentence.. Anyways below is (google translate, I didn't check the translation) snip of the Marine law considering the right to register a vessel in Finland..

§ 1 (23.11.2018 / 991)
Nationality of vessel
A vessel is a Finnish yes entitled to use the Finnish flag if a Finnish citizen or a Finnish legal entity owns more than sixty to use the vessel.

Yes, a vessel other than that used in subsection 1 must be approved by FICORA if it:

1) a legal person of a national of a State belonging to the European Economic Area or of a decision-maker in the field of State aid who allows a registered office, central administration or head office Euroaanestauentaiu

2) the vessel is managed and operated from Finland;

3) the owner of the ship, if the owner is not liable on the basis of 2 names, appoints a representative who has a permanent domicile and a residence in Finland to perform the duties; Yes

4) beer in the selected state state register, which is entered in the Finnish ship register.

To be canceled at the request of the shipowner within 2 minutes.

The Finnish Transport Agency may approve the initial Finnish as modified in subsection 1 yes in subsection 2 if:

1) the owner of the ship can reliably state the ownership, administration, lending or chartering relations, the ready-to-use use for navigation is decisively determined by the Finns;

2) the beer was removed from the ship register of another state for the period when it was registered in the Finnish ship register;

3) additional requirements for ships; Yes

4) promoting the assessment of ship registration for the Finnish shipping industry and its employment.