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The MISR following the National Maritime act 1997 , as amended and the maritime Regulation of the Federated states of Micronesia are aligned with the ship registration, financing, and seafarers’ licensing and documentation as per the current need of the maritime industry. The MISR is fully committed to the safety and security of FSM Flagged vessels, Marine Environment & its personnel onboard or ashore
The MISR ‘s worldwide offices are very much competent to register a vessel including record a mortgage, under construction, Bareboat Charter or financing charter & offshore company registration.
We at MISR has certain rules and requirements for all marine structure register under it. It is our top priority that every registration of any vessel meets all national and international requirements as per their standard. As per the requirements crew composition, crew nationality and ship building are among others.
Our maritime services include:
- Vessel Registration
- Mortgage and Lease Financing Recordation and Documentation
- Vessel Inspection
- Radio Station Licensing
- Officer and Crew Examination/Certification
- Seafarers’ Identification and Record Books
- Technical Assistance
- Information Provided on Maritime Regulations and Port Activities
Due to growing concern over marine Environment internationally the vessels are now getting equipped with new systems and getting upgraded with new technology. At the same time, maritime accidents have led to stricter national and international regulations on shipping. This has further increased the demand for better-trained crews and more sophisticated safety systems.
INTERNATIONAL BUSINESS COMPANIES (OFFSHORE COMPANY REGISTRATION):
FSM –IBC is Micronesia International Business Companies Registry pursuant to an act of FSM Law. The Registry provides, through The FSM-MIBCR an exclusive IBC registration service for all FSM non-resident corporate entities..
FSM Corporations are at the core of well-established private and public investments in all major financial sectors resulting in a significant percentage of global business activity being conducted through FSM corporate entities. Despite the rapidly changing regulatory environment of the offshore corporate sector, MIBCR is committed to providing flexibility, confidentiality and security.
There are many unique advantages for the investor, vessel/yacht owner, or international business person forming business entities in FSM.
Each MISR office has the ability to incorporate a company, issue a certificate of good standing, register a vessel or yacht, including those under construction, record a mortgage or financing charter, and service clientele. The Micronesia International Business Company Registry is recognized worldwide by law firms, company formation specialists, and business professionals in major financial centers for its modern and flexible legislation, ease of formation, and high level of customer service.