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Forum: Training, Licensing & Certification

04-03-2015, 10:50

Replies: 99

Where do we flag our boat?

Views: 14,987

Posted By hellosailor

Re: Where do we flag our boat?

Nominee directors? To allow the 51% stockholder, an alien, to federally document a vessel in the US?
And the corporation has no other purpose?

Our IRS calls that a "sham corporation" and once...

Forum: Training, Licensing & Certification

20-02-2015, 16:47

Replies: 99

Where do we flag our boat?

Views: 14,987

Posted By hellosailor

Re: Where do we flag our boat?

"Only other expense is $125.00 or so for the Cruising License. "

Ah, no. IIRC that's a Cruising Permit, not License. And it allows a foreign-flagged vessel, which yours won't be, to enter US...

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