Belize
In the jurisdiction of Belize, it is possible to issue a permanent or temporary registration (for six months, including for a vessel under construction). Among the mandatory payments associated with the registration and operation of the yacht, there are registration, annual tax fees. Yacht registration in Belize is available to non-residents of the state, but for this it is necessary to collect a voluminous package of documentation and translate it into English.
Registering a vessel under the Belize flag allows you to enjoy the following benefits:
-no restrictions on the class, type and size of the vessel to be registered;
-no requirement to provide a Tonnage Certificate when registering a yacht;
-simplified registration process;
-relatively low cost of registration and annual fees;
In Belize, both a resident and a non-resident company can act as the owner of a vessel.