THE FAROE ISLANDS International Ship Register FAS

Website: FAS

Phone: (+298) 351 500

Email: fas@fma.fo

Social media links: Facebook

FAS was enacted in 1992 and revised in 2008. The registry is run by the staff at the Faroese Maritime Authority FMA

We are proud of the fact that the Faroe Islands have only positive performance indicators in the most recent flag state performance table.

We have:

• A deeply rooted maritime culture – where shipping occupies 10% of the population and produces 20% of the GDP ˺

• Flexible and highly qualified multilingual workforce – ashore and at sea ˺

• Scandinavian / European legislation ˺

• Tax code accepted on OECD / G20 “white list”

We offer:

In open ship register based on Scandinavian quality standards ˺ Financial benefits, including Tax Refund of crewmembers’ personal taxes and a favourable Tonnage Tax System ˺ Based on our key words “quality, accountability, flexibility & transparency” we render a personal, swift and effective service

WAGE REFUND SYSTEM

Crewmembers pay a 35% flat rate tax. The shipping company receives a 100% refund of taxes paid, automaticly transferred at the beginning of each subsequent month.

Vikmar live vessel tracker

(Credit: Vikmar.fo official vessel real-time tracking map)