FAS INTERNATIONAL SHIP REGISTER
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FAS: Faroe Islands National & International Ship Register
FAS was launched in 1992 and has proven to be an excellent alternative to other ships registers.
FAS offers a number of financial advantages including a flexible, efficient, and uncomplicated administration.
IEA TECHNIK offers full service for Turkish & Greek ship owners interested to change flag to FAS.
Our services range from being the official FAS agent for the company, to provide full technical management, crewing, ISM / ISPS, Dry docking etc.
Below is a short list of some of the advantages the FAS system has.
– No nationality restrictions for crew
– Full refund of crew income taxes (to owner)
– Competitive tax system (TTS) tonnage tax system
– A stable Scandinavian democracy
– Only International demands to vessels
– A pool of highly skilled and educated Faroese / Scandinavian officers
– Scandinavian flag