Re: LLC or Corporate ownership of vessel
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We bought BeBe in here 2nd year. She was owned by a BVI Corporation set up by the owner from Cape Cod. She was BVI Flagged and registered (Defaced Red UK Ensign). To set up the corporation in 2003, cost $696, and as I remember it, the annual maintenance of the corporation was between $400 - $500. My records reflect that the corporation was set up by Astra Penn, Dantrust Limited, 49 Main Street, Tortola, BVI (284) 494 4197, d.penn@....
I hope all of this is accurate, current, and complete.
I have been investing Cayman registration via company for this purpose.