Advantages

Over the years the Malta Flag has earned a reputation of esteem and of being a flag of confidence known all over the world for its seriousness in maritime administration. This advanced legal and regulatory platform in Malta caters also for the specific requirements of yachts and superyachts, making registration an attractive opportunity for private and commercial owners.

Having a Yacht or a superyacht registered under the Malta Flag will surely offer you advantageous opportunities amongst which fiscal and tax incentives and also benefit from a 24/7 emergency service. Flying a Malta Flag would mean first of all a complete tax exemption for owners, financiers and charterers of ships over 1,000 net tons; such exemption may also be extended to smaller ships. Moreover, yacht registration costs are amongst the lowest. It is also important to hightlight that the sale or transfer of shares in companies owning a Maltese ship is not restricted in Malta.

Apart from being a centre which provides a whole range of maritime services, Malta offers, Maltese yachts and superyachts the benefit of having a preferential treatment in a great number of ports thanks to the excellent bilateral and multilateral relations. Together with this, Maltese law has no restriction on sale and mortgaging of Maltese ships.

One must also mention the fact that Malta is a Member State of the EU and this is a clear indication of seriousness and high standards. Such membership however imposes no restriction on the nationality of masters, officers and crew. Any legally constituted body corporate, irrespective of nationality may register ships in their name in Malta.

Gonzi & Associates Advocates is in a position to take care of all your requirements while you are comfortable at home, without the need to worry about paperwork and procedures that disrubt your daily life serenity.

 




00356 2166 4418

Gonzi and Associates, Advocates

10, Wesgha Reggie Miller

Fgura FGR1211

Malta, EUROPE