Phuket Marine Office Chief Phuriphat Theerakulpisut has received a Royal Decree which confirms that it is now legally possible for visiting Superyachts to charter in Thai waters.
This decree is both the result of a three-year lobbying effort by stakeholders of the marine industry in Phuket including marina owners, boat brokers and charter agents and the willingness of Thai authorities to attract Superyachts in Thailand to boost the tourism industry.
Thailand is a destination of choice for Superyachts, offering stunning cruising grounds, picture-perfect coastlines and sophisticated hotels, restaurants and spa’s as well as world-known tourist attractions.
Unfortunately, only a few Superyachts made the long journey from Europe to Thailand for example to charter in Thai waters due to the unfavorable laws. The new legislation will certainly create new opportunities for Superyachts around the world and bring increased revenue to the tourism and marine industry in Thailand. Attracting high-net-worth-individuals is perfectly in line with the objective to promote luxury lifestyle in Thailand.
The new one-year charter license is available for vessels of 30m and above and will allow Superyachts to cruise and commercially charter in Thai waters within the one-year term. The new license, which will be issued by the Ministry of Transport, must be applied for through an appointed Agent in Thailand.
JStar & Stapel is the first company in Thailand to assist Superyachts with the application for the Superyacht Charter License. Having been one of the driving forces behind the three-year lobbying effort and working closely with the Thai authorities, JStar & Stapel is a One-Stop Service for yachts wanting to apply for the new Superyacht Charter license.
Offered services include collecting all required documents, preparing a government approved letter of appointment, translating and notarizing all documents, settle the license fee and finally file the application with the proper government department for hassle-free and fast processing. The Yacht only provides documentation, everything else is handled reliably by JStar & Stapel.
JStar & Stapel also advise and assist yachts on processing taxes and other government related requirements.