Denmark cancels registration fee for Danish Register in attempt to boost fleet size

The aim of this amendment is to increase the attractiveness of the Danish Flag
The aim of this amendment is to increase the attractiveness of the Danish Flag

The Danish Parliament adopted a legislative amendment on 26 of April, which cancels the registration fee for vessels in the Danish Registers of Shipping. The aim of this amendment is to increase the attractiveness of the Danish Flag.

Denmark supports that this measure will indeed increase the attractiveness of the Danish Flag, as it now offers the same benefits as foreign Flags.

This amendment also provides increased economic activity and international influence, when the Danish Flag attracts more vessels from both national as foreign shipowners.

The amendment will enter into force on the 1st of May 2018, but with a retroactive effect from the 1st of January 2018.

A refund of the registration fee is possible, provided that it has been paid during the period 1st of January 2018 to 30th of April 2018 and provided it exceeds an amount of 200 DKK.

All applications for repayment will be processed by SKAT. The deadline for applying for repayment of the registration fee is the 31st of July 2018.

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