Glossary Tags: Compliance

Yacht Registry

A yacht registry is the official authority where a yacht is registered.

VAT Paid

VAT paid means the required value added tax on a yacht has already been settled.

USCG Compliance

USCG compliance means a yacht meets safety standards set by the United States Coast Guard.

Fire Suppression System

A fire suppression system is a built-in safety system designed to detect and control fires onboard a yacht.

Flag State

Flag state is the country where a yacht is officially registered. It defines the legal rules the yacht must follow.

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