-L EGALF I RM MAGAZI NE-
- TRADITION AND EXPERIENCE
- OUR SERVICES
- SHIP REGISTRATION
- PROCEDURES FOR REGISTRATION
- YACHT REGISTRARION
- BARE BOAT CHARTER REGISTRATION
- DELETION OF SHIP REGISTRATION
- INCORPORATION OF OFFSHORE COMPANIES
- SPECIAL ASSIGNMENT REGISTRATION
Tradition and Experience Bierman Pautt range of related services and specialized in the maritime industry, such as ship registration and incorporation of companies f Sierra Leone, Bolivia, Cambodia and Vanuatu, to name a few. At Bierman Pautt quality, reliability, confidentiality and supported by experience and wisdom are our main addition, we are strongly commited to continuous improvement and inmovation designed for complete customer satisfaction. A Prestigious Team of Experts Our professional team provides legal services with the goal of satisfaction of the clientÂ´s needs and interest as a priority, and ethical standards, where each case is handled with strict Furthermore, Bierman Pautt is located strategically near the Panama Maritime Authority headquarters, which permits is to deal with every clientÂ´s request in a expeditious manner.
Our Services Choosing Bierman Pautt, as your legal representative will assure you that just a short time you can obtain optimal results. List of Services We have the capability to assist ship owners with registration, incorporation of companies, ship mortgages and other requirements. For your guidance the - Provisional & Permanent Registration of Ships - Change of Ownership (Re-registration) - Particulars Change (name, tonnage, dimensions, type & RAA) - Special Registration (valid for three (3) months, for single voyage, special delivery, scrap including Patent & Radio License). -
Registration of Yachts BBC-In Registration BBC-Out Registration of Ships Mortgages Discharge of Mortgages
- Search Report (vessel or company) - Application for re-issuance of Patent and / or Radio Station License (due to Loss) - Reserving ShipÂ´s Name -
Application for MSMC Applications for ISSC Full Term Application for CSR Applications for ISM Endorsements Applications for CSO Endorsement Application for Discount from Panama Maritime Administration (PMA) Incorporation of Companies Dissolution of Companies
- Commercial or Maritime License
Ship Registration BIERMAN PAUTT can provide complete, provisional and permanent registration i nationality of owner or crew members of the vessels. Our services will allow you to obtain all these benefits at very low rates. Since 1925, the Republic of Panama has the responsibility of administering the through its open registry. Panama is currently implementing new programs with the purpose of making the Registry one of the most active in the international for ship owners, becoming one of the worldÂ´s most prominent jurisdictions for country are tax exempt in Panama. Additionally, the Registry does not require that vessels be owned by residents of Panama. However, if the vessel is owned by a Panamanian entity there is limited liability in cases of mishaps or accidents to the ship.
1. The owner may be any natural or juridical person of any nationality, and may register a vessel under the Panama Flag, through a Panamanian Law 2. The Republic of Panama is signatory of all major international maritime conventions. 3. Income related to the sale of a vessel is not taxable by Panama, as well as the revenues arising from international maritime commerce. 4. Direct contact with Panamanian consulates abroad and with the local 5. There is no minimum tonnage requirement for the registration of a vessel. 6. Costs are reasonable for registering a vessel.
Procedures for Registration The procedure for registration of a vessel under the Panamanian Flag is very simple submitting the relevant documentation with the appropriate fees, which is based on the gross, net tonnage (ITC-69) and the type of vessel. The provisional registration, valid for six months, can be obtained within two (2) business days. It may be extended for an additional three (3)month period upon payment of a penalty fee of US$500.00 to the Panama Maritime Administration. Required Documentation: (if tanker copy of IOPP & its suplement) 3. Power of Attorney tugs the following applies: â€˘ Owner AďŹƒdavit The Permanent Registration can be processed as soon as we receive the original documents required, duly legalized by a Panamanian Consulate or apostilled with a duration of five (5) years, renewable. The time required is approximately 5 to 7 business days. Required Documentation: 1. Bill of Sale & Acceptance of Sale *
4. Power of Attorney *
* Note: The above documents from 1-4 must be legalized by a Panamanian Consulate or apostilled to fulfits with the legal requirements; technical certificates do not need legalization.
Yacht Registration Panama is the most widely chosen jurisdiction for yacht and ship registration in the world. The Panamanian Ship Registration Law offer very flexible terms and affordable cost for yacht registered in the Republic of Panama. Any yacht or pleasure vessel, or vessel qualified as such by IMO, may be registered for a two (2) year renewable period. One of the advantages for registering pleasure yachts is that there is a flat registration fee, regardless of the size or tonnage of the yacht. When the yacht is property of a Panamanian company or an individual, the fee is $1,000.00. if it owned by a foreign company or individual, the registration fee will be US$1,500.00. These fees must be paid every two years, at which time the navigational documents must also be renewed. For provisional registration of yachts, you must provide the following: • An aﬃdavit – stating that same it is for pleasure only and not for commercial use. • Copy of Bill Sales as evidence of ownership.
Mortgage Registration An important consideration in the growth of the fleet has been the confidence generated in the international financial community by the security of mortgages over Panamanian registered vessels. As per Panamanian Law, the registration of Ship Mortgage requires that same to be executed subsequent to emission date of the Provisional Navigation License. The preliminary registration is valid for six (6) months, during which time the permanent registration must be executed through your law firm in Panama.
Bare Boat Charter Registration ( BBC ) The Ships of foreign registry may apply for Bare Boat Charter Registration for a period not exceeding two (2) years, renewable without giving up her registry of origin, provided that the mother government allows the charter registration. To qualify for the bare boat Charter Registration under the flag concerned charter party shall submited the following documents: - Letter of Consent (or permission) of current flag - Copy of Certificate of registry under current flag - Owners consent to charter registration - Copy of charter contract with date of contact - A free form encumbrance certificate duly legalized by Panamanian Consulate - If the vessel holds a mortgage an authorization letter from the bank is required to be duly legalized by Panamanian Consulate - The department of Ship Register of the Directorate General of Merchant Marine will issue a patent to the vessel under BB charter valid for two (2) years, the ship has the same tax obligation imposed by the Panamanian Legislation, which must be settled at the time of registration to the Panama Merchant Marine. The Radio Station License (RSL) is issued provisionally and afterwards owners must apply for the permanent radio station license by completing an application form and providing copy of inmarsat activation details. When completed and submitted, Panama will issue the full term RSL for the same period of the full term patent (2 years).
Deletion of Ship Registration The vessel must be in good standing with the PMA, no change will proceed if she owes taxes, has an open case of a casuality, open case of detentions, and/or any other remark. Therefore a research is mandatory. There are three kinds of deletions, and different requirements for each case. Deletion of a vessel with a provisional navigation patent A research is required to find the provisional registry had been registered in the Public Registry Office, and if a mortgage had been registered. If the vessel does have a registered mortgage, it must be cancelled prior the deletion. Deletion of a vessel with a Full Term navigation patent If a vessel has Full Term navigation patent, the applicable mandatory documents and its translations have to be included in the official file of the vessel. If Bierman Pautt was not previously the law firm, the Power of Attorney duly legalized, must be submitted. If the vessel had been registered through the new registry system (PKI), it is necessary to request the change of legal representative prior the deletion (This apply for the deletion and other processes). Deletion of a vessel under BBC It is necessary to make a research of the vesselÂ´s status. Verify that she does not have any remark that forbids her deletion from the flag. The client must provide us the following documents, duly apostilled or certified by a Panamanian consul Power of Attorney-AFFIDAVIT where the parties establish their willing to finalize the contract and the reason (it could be for returning to the main flag, for sale, or she going to be scraped). If the party that is requesting the charter of deletion is not the owner of the vessel, the owner must issue a declaration stating that the chatterer is authorized to delete the charter of the flag.
Incorporation of Offshore Companies Our expertise in offshore incorporation spans the globe with special emphasis on jurisdictions that offer asset protection and tax advantages including Panama, Belize, and The British Virgin Islands among others. The Benefits of Offshore Incorporation There are many benefits from the establishment of an offshore presence. Preliminary, significant legal tax advantages are a motivating goal. Confidentiality, security and competitive market place advantage are among other encouraging factors. - The nonpayment of taxes in Panama of any kind by utilities or dividends that are obtained form activities developed outside the Republic of Panama. - Low cost of Constitution - Low Maintenance Cost - The capital share can be expressed in any currency. - Complete anonymity of names of the shareholders of the company. Shelf companies are pre-registered offshore companies suitable for certain clients who can benefit from this service and can be made available to the client through us. These are incorporated companies, fully documented in accordance with the laws of their country of origin. Steps for incorporation of companies: Step 1: Choose a suitable jurisdiction to incorporate your company. Step 2: Complete our application form, providing the company name, directors and shareholders. Step 3: Provide the required due diligence. Step 4: Incorporate your company. Step 5: We provide with the original corporate documents including Articles of Incorporation, Book of Shares and Certificate of Incorporation, duly apostilled.
Special Assignment Registration
Special Assigment Registration
This registration is where the Panama Maritime Authority will provide, as per owners request, the following details for vessel under construction: A- Patent Official Number B- Radio Call Letters C- MMSI Number Applicants will need to pay the registry fee; it is understood that this “SPECIAL ASSIGMENT” registration will allow the interested party to initiate the process for obtaining the respective certificates from their Recognized Organization. It is also understood that this registration cannot be utilized to sail until all necessary documents have been properly submitted to the competent authority. When the complete documentation is submitted, the respective registration documents (“Provisional patent” & Radio License) will be issued and the interested party shall pay the Annual Single Rate, Annual Tax, Inspection Tax, and any Other applicable taxes and fees.
“Tradition, Wisdom, and Experience at Your Service.”
-MARI TI MEMAGAZI NE-
THE COMPANY IN BRIEF
FLAG STATE INSPECTION
SAFETY & SECURITY CONSULTANTS
OUR REPRESENTATIONS, ACREDITATIONS & ASSOCIATIONS
The Company in Brief IME is a diversified Marine Surveying and Consultancy Company dedicated to serve the Maritime and Insurance Industry with the highest quality standards. Our company specializes in Marine Surveys, Marine Claims & Lost Adjusting, Project Cargo Inspections, Flag State Inspections, Marine Consultancy and Marine Accident Investigations. Our customer includes Hull & Machinery Underwriters, P & I Clubs, Ship Owners, Ship Managers, Ship Yards, Attorney and Solicitors. Recognizing that each client has specific needs and requirements IME will provide the experts necessary to ensure the client has a solution to its Marine Claims and Risk Issues. Our team of experts is composed of graduates from the United States Merchant Marine Academy and other highly recognized maritime educational institutions. IME Quality Management System certified by Global Group under ISO 9001:2008 Our Mission Our mission is to offer our customers quality swift, cost effective and timely marine surveys and consultancy services, especially focusing on the maritime industry worldwide.
When Experience is Needed, trust the experts
Our Clients We are a company who works for: •
Flag State Authorities
Worldwide Presence IME operates through our own offices and through associates and network partners. We operate through our head office located at Panama City, Panama and through two regional hubs located in the Far East at Shanghai, China and The Middle East at Dubai, UAE.
Our Services IME offers a variety of survey and consultancy services, all of them tailored to each client´s specific need. Our services include: •
Safety / Security Consultants
Flag State Inspections
Accident Reconstruction and Investigations
IME is looked upon as one of the preminent providers of Cargo Inspection Services in Panama and nearby countries. As the trusted Cargo Surveyor, we have catered to the specific requisites of our esteemed clients. International Marine Experts (IME) is known for its ability to provide comprehensive and skilled assessments of damaged sustained to all types of commodities during transport by rail, road, air and sea. As a leading surveying company in our regions of coverage, IME offers a full range of services regarding cargo inspection and loss adjusting. In addition to assessments for claims resulting damage to goods during transit, IME provides independent and impartial services to verify that you are getting what you pay for. IME Services includes: • • • •
Cargo Damage Surveys Hold and Tank Cleanliness Pre-Shipment Surveys Container Surveys
Flag State Inspections IME carries out flag state inspections and accident investigations on behalf of a number of flag state authorities. The inspections are carried out to ensure that registered ships meet a satisfactory standard. Flag State Inspections are normally carried out prior to ship being accepted onto a registry, and annually thereafter. Inspections are comprehensive and include inspection and verification of documentation and procedures, general examination of the ship structure, machinery, equipment, an operational testing of lifesaving and firefighting apparatus. IME represents the maritime administrators of Panama, Liberia, Marshall Island, Saint Vincent & Grenadines, Barbados, Jamaica, Antigua & Barbuda & Vanuatu as flag state inspector in our area of coverage in order to perform Annual Safety Inspections and Accident Investigations on their behalf. We also perform International Safety Management Code (ISM Code) & International Ship Security Code (ISPS Code) audits on behalf of Liberian Registry (LISCR).
Safety and Security Consultants
International Marine Experts (IME) has a team of experienced and qualified auditors whom offers all our clients consultancy services on the International Safety Management Code (ISM Code) and International Ship and Port Facility Security Code (ISPS Code). Panama has a transit location represents an ideal opportunity for Ship Owners / Ship Managers to obtain internal ISM Code and ISPS Code and audits on their vessels. The service which is highly appreciated by our customers, gives the opportunity to have a complete assessment on their Safety and Security System by qualified third party that will certify their adherence to and compliance with the IMO Codes.
Marine Consultants International Marine Experts (IME) offers a wide range of consultancy services which is a very suitable arrangement when a specific survey is not applicable or appropriate. On occasions when investigators, studies or simply representing an owner is required a consulting contract can offer the flexibility to get the job done. We also specialize in: • Supervision of routine and unscheduled dry docking of ships. • Investigating the causes of engines and machinery damage. • Owner´s representative during the purchase of vessels. • Technical Expertise & Testimony. • Ship and Port Facilities Security and Assessment and Security Plan. • ISO 9001-2008 Qualify Management System Consultancy. • ISO 9002-2008 & ISM QMS Audit Service. • SMS (ISM Code) Audit Service. • Security Plan (ISPS Code) Audit Service. • Marine Superintendence.
Our Representations, Accreditations & Associations
At this moment IME has strategic representation with some of the following companies in order to represent them on our area. TMN Survey Group TMN Survey Group is a professional network of surveying companies with its own agent covering most parts of the world. DPS / International Loss Adjusters & Surveyors DPS is an international organization of experts engaged in claims and risk management services to both marine and non-marine insurance industries. JSL / Consultant Marine Engineers & Surveyors Offers a wide range of technical services and general consultancy to the marine markets. International Institute of Marine Surveying (IIMS) Is an independent, non political organization promoting the professionalism, recognition and training of marine surveyors worldwide. IIMS provides services on Commercial and Leisure Craft Surveying and training courses for marine surveyors among others. American Institute of marine Underwriters (AIMU) Provides an active program of support services to assist the U.S, Marine insurance industry in providing its global customers with a level of performance unsurpassed in the world.
JSL Marine Associates Ltd
AN I N T
A DE OF IC
I O N A L A SS AT OC
van t e
R IN E EN
OF NA VA
M T O PA N A
CERTIFICATE # 86Q15045
N I ERI A N A
O C IACI O N
Superitendencia de Seguros y Reaseguros de Panamá 1956
24 / 7 Contact E-mail:
24 / 7 Contact E-mail:
-OMCSMARI TI ME BROCHURE-
A Risk Management Company
Your Reliable Classification Society
www.omcsclass.org Contact us:
Bldg. 0750-D Williamson Place La Boca, Balboa, Panama, Rep. of Panama Phoene: +507 314-1756 Fax: +507 314-1757 Mobile: +507 67805046 +507 667668505 E-mail: firstname.lastname@example.org
Far East Regional Office (FERO) Room 1506, Suncoime Liauw´s Plaza No. 738 Shangcheng Road, Pu-Dong New Area Shanghai, R.P.C. Phone: +86 21 58360772 / 58360773 Fax: +86 2158360772 / 58360773-616 24 hrs phone: +86 18721978211 email: email@example.com ®
CERTIFICATE # 86Q15045
A Risk Management Company
1. Cargo Ship Safety Construction Certificate (CCC) 2. Cargo Ship Safety Equipment Certificate (CEC) 3. Cargo Ship Safety Radio Certificate (CRC) 4. International Load Line Certificate (LL) 5. International Tonnage Certificate (lTC 69) 6. International Oil Pollution Prevention Certificate (l0PP) OMCS CLASS- Overseas Marine Certification Services is a leading ship Classification society. We provide a critical link in the marine risk management chain by serving as an independent institution operating between ship owners, builders, financiers, underwriters, flag administrations, and vessel charterers. Our mission is to ensure the preservation of life property and the marine environment. We accomplish this through impartial survey verifications and certifications to ensure a vessel is in compliance with established national and international rules and regulations. OMCS CLASS acts as a Recognized Organization (RO) and a Recognized Security Organization (RSO) for numerous Flag Administrations, verifying the same vessel's compliance with international and national statutory regulations. We maintain independent technical requirements for the design, construction, and survey of ships and marine facilities. These requirements incorporate the latest methods, tools, and techniques to ensure that we provide the most efficient and thorough service while keeping costs to you at a minimum. OMCS CLASS provides a full range of services for ship classification, statutory certification and regulatory compliance. These risk-management services are complemented by expert advisory and consultancy capabilities.
7. International Air Pollution Prevention Certificate (IAPP) 8. International Sewage Pollution Prevention Certificate (ISSP) 9. ISM Code (Document of Compliance (DOC) & Safety Management Certificate (SMC) 10. ISPS Code (international Ship Security Certificate (ISSC)) 11. Crew Accommodation inspection Certificate (OMCA) 12. Fishing Vessel Safety Certificate (FlSVEL) 13. S afety Certificate for Vessels Under 500 GRT (SAFCE) 14. Radio Certificate for Vessels Under 300 GRT (SARCE) 15. Authorization for Grain Loading Certificate (GRALO) 16. Passenger Vessel Safety Certificate (PASAC) 17. Pleasure Vessel Safety Certificate (PLECE) 18. International Pollution Prevention Certificate for the Carriage of Noxious Liquid Substances in Bulk (NLS) 19. International Certificate of Fitness for Carriage of Dangerous Chemicals in Bulk (lBC) 20. Certificate of Fitness for Carriage of Dangerous Chemi cals in Bulk (BCH) 21. International Certificate of Fitness for Carriage of Liquefied Gases in Bulk (lGC)
International Conventions permit flag administrations to delegate the inspection and certification of ships to a Recognized Organization (RO) and Recognized Security Organizations (RSO), As such, OMCS CLASS represent the maritime administrations of Panama, Sierra Leone, Cambodia and Bolivia through our worldwide coverage.
22. Certificate of Fitness for Carriage of Liquefied Gases in Bulk (GC)
In order to deliver a service according to the maritime industry expectations, the society has established a worldwide network of offices distributed throughout the major ports of the world and with main regional offices at Shanghai, China (FERO) and Dubai, UAE (MERO).
27. C ertificate for the Carriage of Dangerous Goods (CDG)
23. Antifouling Certificate (AFS) 24. Special Purpose Ship Safety Certification (SPS) 25. High Speed Craft Safety Certification (HSC) 26. International Marine Bulk Cargoes Certificate (IMSBC) 28. Caribbean Cargo Ship Safety Certificate (CCSSC) 29. Maritime Labour Certificate 2006 (MLC 2006) 30. International Energy efficiency certificate (IEEC) 31. Hully machinery class certificate (CHSS) 32. Document of compliance with the especial requirements for ships carrying dangerous good (DOC-IMDG) 33. Enhance survey program (ESP) 34. Certification of prevention of pollution by garbage from ships.
as Panama, Belize, Sierra Leone, Bolivia, Cambodia and Vanuatu,
name a few. Tradition and experience
clientele. In addition, we are strongly committed to continuous improvement and innovation designed for complete customer satisfaction.
A Prestigious Team of Experts
Our professional team provides legal services with the goal of satisfaction of the clientÂ´s need and interest as a priority, combining personalized attention and high
Bierman Pautt can provide complete services on the registration of vessel and ship mortgages in various jurisdictions, as well as the formation of company, including the payment of annual taxes, navigation patents, ship station radio licences, applicable in each formation and ship registration costs, no restriction on the nationality of crew members of the vessels, and no registration on the sale or transfer of shares of a company owning ships. Companies operating the ships can enjoy all the exemptions
Bierman Pautt is located strategically near the Panama Maritime Authority headquarters, which a permit is to deal with every clientÂ´s request in a expeditious manner.
Mortgage Registration Panamanian registered vessels. As per Panamanian Law, the registration of Ship Mortgage requires that same to be executed subsequent to emission date of the Provisional Navigation License. The preliminary registration is valid for six (6) months, during which time the permanent registration must be
protection and tax advantages including Panama, Belize, and the British Virgin Islands among others.
Choosing Bierman Pautt, as your legal representative will assure you that your information is handled professionally can obtain optimal results.
- MARI TI MESERVI CES BROCHURE-
24 / 7 Contact E-mail:
24 / 7 Contact E-mail:
When experience is needed, trust the experts. International Marine Experts
IME is a diversified marine surveying and consultancy company dedicated to serve the maritime and insurance industry with the highest quality standards.
IME has a team of experienced and qualified auditors with whom we offer all our clients consultancy services on the International Safety Management Code (ISM Code) & International Ship and Port Facility Security Code (ISPS Code).
Our Company specializes in Marine Surveys, Marine Claims & Loss Adjusting, Cargo Inspections, Flag State Inspections, Marine Consultancy and Marine Accident Investigations. Our team of experts is composed of graduates from the United State Merchant Marine Academy and other highly recognized maritime educational institutions. IME Quality Management System certified by Global Group under ISO 9001:2008
World Wide Presence
Having to transit through the Panama Canal offers an ideal opportunity for Ship Owners/Ships Managers to perform internal ISM Code and ISPS Code audits on their systems. This service, which is highly appreciated by our customers, gives them the opportunity to have a complete assessment of their Safety and Security System by a qualified third party that will certify adherence to and compliance with the codes.
IME operates through both our own offices and through associate and network partners. We operate through our head office located at Panama City, Panama and through two regional hubs located in the Far East at Shanghai, China and in the Midlle East at Dubai, UAE.
IME provides comprehensive and skilled assessments of damage to all types of commodities during transport by rail, road, air and sea. As a leading company in our region of coverage IME offers a full range of services regarding cargo inspections and loss adjustments.
Flag State Inspectors
Casualty Surveys & Accident Investigations IME provides a global services to lawyers, underwriters, P & I clubs and ship owners to investigate, report and act as an expert witness on marine and energy casualties.
IONA L A SS AT OC
N IO AT
We can determine the cause, nature and extent of collisions, groundings and other marine incidents. In addition to identifiying the technical causes of casualties, our surveyors can prepare damage and repair reports providing round -the- clock responses from our worldwide locations.
AN I N T
IME represents the maritime administrators of Liberia, Marshall Islands, Saint Vincent and Grenadines, Barbados, Jamaica, Antigua and Barbuda and Vanuatu as flag state inspectors in order to perform Annual Safety Innspections on thir behalf. We also perform International Safety Management Code ( ISM Code) & International Ship Security Code ( ISPS Code) audits on behalf of The Liberian Registry (LISCR)
MAG AZI NES N E W SLET TER
BROCHURES YERS L F NERS BAN S GO LO