Yes, it is legal to rent out your boat in Hong Kong, but you must register it appropriately with the Hong Kong Marine Department. You cannot simply use a standard private pleasure vessel license; you need specific permission to let the vessel for hire or reward.
The process is straightforward but requires some spending to meet safety standards.
- You must hire an authorized surveyor. They will inspect your boat to ensure it is seaworthy and safe for commercial use. They will also determine the maximum number of passengers you are legally allowed to carry.
- You need to upgrade your insurance. You must have a Third Party Liability policy with coverage of at least HKD 10 million for charter boats (This may change, so please always check with an experienced insurance agent or HK marine dept). Be aware that comprehensive insurance for a rental boat is generally more expensive than standard private insurance due to the higher risk.
Finally, once you have the Survey Report and Insurance Certificate, you need to submit an application to the Marine Department. You will need to fill out Form MD 515 (Application for Permission for a Class IV Vessel to be Let for Hire or Reward).
Take this form, along with your Survey Report, Insurance Certificate, HKID card, proof of address, and existing Certificate of Ownership and Operating License to any Marine Department branch. Once approved, you are legally cleared to accept paying passengers.