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Dubai Begins Issuing Foreign Yacht Permits

by Lorys Charalambous, Tax-News.com, Cyprus

28 March 2014


The Dubai Maritime City Authority, the government authority charged with overseeing all aspects of the maritime sector in Dubai, elected to use the 2014 Dubai International Boat Show to publicize that Dubai is to begin issuing Foreign Yacht Permits.

The authority said the issuance of Foreign Yachts Permits is part of the first-ever batch of maritime licensing services for recreational, commercial, sports, tourist, and traditional marine vessels within Dubai's waters. The permits are given only upon strict compliance with Dubai's technical specifications, local maritime safety systems, and eco-friendly requirements.

"The renewable Foreign Yachts Permits are valid for three months and allow foreign marine vessels to sail within Dubai waters. We intend to continue coordinating closely with concerned local entities such as marine clubs and waterfront hotels to facilitate efficient licensing mechanisms and enable foreign marine vessel owners to license their vessels seamlessly and promptly," Adel Kalantar, Head – Registration and Licensing Department, Dubai Maritime City Authority, said.

Ali Al Dabbous, Executive Director of Operations, Dubai Maritime City Authority, added: "The issuance of official permits for foreign yachts forms part of our strategy of creating a safe and sustainable environment that is able to respond effectively to rapid changes, keep up with emerging trends, attract regional and international investors, and establish Dubai as a leading global maritime hub. Our cooperation with the General Directorate Of Residency And Foreigners Affairs-Dubai is an important step towards strengthening the UAE's status as a key player in the international yachting industry."

The Dubai International Boat Show 2014, which was held on March 4-8, 2014, saw visitor numbers grow 12 percent compared with last year. The Authority has boasted that it is now the fastest growing leisure marine industry exhibition in the world.

Dabbous continued: "We are pleased to be part of ongoing efforts to promote Dubai International Boat Show as one of the world's leading luxury yachting and boating events. The guidelines on Foreign Yachts Permits definitely serve as a key regulatory addition to this prestigious long-standing maritime event."

TAGS: environment | compliance | marine | licensing | Dubai | services

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