What you need to prepare for buying a yacht

Buying a yacht requires ship registration, and the procedure for registering a ship into a household involves dealing with maritime, classification societies, transportation and other departments. The buyer must first register with the maritime department and apply for a boat name that complies with the regulations before ordering from the shipyard. The name of the boat is as unique as the license plate number of a car. After the ship leaves the shipyard, the maritime department approves the ship's purchase contract and other documents before issuing the ship's certificate of ownership. After the Classification Society inspects and passes the ship with the certificate of ownership, it issues a certificate of inspection and a certificate of nationality before the ship can be legally launched into the sea.

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