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Dixcart

Luxury Assets

Cyprus is one of the most attractive jurisdictions in the European Union for the registration of a private aircraft because of its appealing VAT scheme for private aircrafts. We can explain the tax efficiencies, assist you in setting up the structure and coordinate the corporate and tax
compliance.

Cyprus is also a key maritime centre and is recognised as one of the most accessible registries in the EU, classified on the whitelist of the Paris and Tokyo MOUs. Dixcart can assist in all aspects of registering a vessel in Cyprus, including the incorporation of the owner entity, coordinating the appropriate corporate and tax compliance, and registration of the vessel.

Luxury Assets

Cyprus is one of the most attractive jurisdictions in the European Union for the registration of a private aircraft because of its appealing VAT scheme for private aircrafts. We can explain the tax efficiencies, assist you in setting up the structure and coordinate the corporate and tax
compliance.

Cyprus is also a key maritime centre and is recognised as one of the most accessible registries in the EU, classified on the whitelist of the Paris and Tokyo MOUs. Dixcart can assist in all aspects of registering a vessel in Cyprus, including the incorporation of the owner entity, coordinating the appropriate corporate and tax compliance, and registration of the vessel.

Yacht Registration in Cyprus

A trusted EU flag, delivered by local experts

Cyprus is one of Europe’s most respected and accessible yacht registries, combining a robust legal framework with a highly competitive tax environment. As a long-established maritime centre and EU Member State, Cyprus continues to attract yacht owners and managers seeking certainty, efficiency and international credibility.

Our Cyprus-based team supports private and commercial yacht owners throughout the registration process, providing clear technical guidance alongside practical, owner-focused advice. Whether your priority is operational flexibility, tax efficiency or long-term asset planning, Cyprus offers a compelling solution.

Why choose the Cyprus flag?

  • EU-recognised registry with a strong reputation for quality and safety

  • White-listed under the Paris and Tokyo MOUs, reflecting the highest Port State Control standards

  • Competitive registration and annual fees

  • Efficient and owner-friendly registration process

A favourable tax and ownership environment

Cyprus provides a highly competitive and EU-compliant framework for yacht ownership and management:

  • Approved VAT procedures aligned with European and Cypriot law

  • No income tax on officers’ and crew earnings on Cyprus-registered vessels

  • 12.5% corporate income tax, with exemptions available for qualifying shipping activities

  • No estate duty on the inheritance of shares in a Cyprus shipping company

  • No stamp duty on ship mortgage deeds

The Cyprus Tonnage Tax system, fully approved by the EU, allows qualifying vessels to be taxed on net tonnage rather than actual profits, offering predictability and flexibility for shipping and mixed-activity groups.

Local expertise with a global outlook

From our Cyprus office, Dixcart advise yacht owners, managers and financiers on registration, structuring, VAT and ongoing compliance. Our approach blends technical precision with a practical understanding of asset ownership, ensuring your yacht is registered and operated with confidence.