Legal

Yacht Registration under the Malta Flag

Our Yacht Registration Department specialises in the registration of ships, yachts and other marine vessels under the Maltese Flag.  We collaborate for a specialise maritime law firm CC-Advocates for the formation of shipping companies and for the registration of your yacht, while we take care of all other logistical, technical and familiarisation services.

ADVANTAGES

• Registration of ships and yachts under the Maltese flag offers several advantages:
• low company formation and ship registration costs;
• no restrictions on the nationality of the ship owner;
• complete tax exemption for private yachts and ships over 1000 Gross Tons;
• effective tax rate of 4.17% and VAT exemption for chartering of commercial yachts;
• no restrictions on the nationality of the master, officers and crew;
• no restrictions or taxation on the sale or transfer of shares of a company owning Maltese registered ships;
• no restrictions or taxation on the sale and mortgaging of Maltese registered ships;
• no trading restrictions and preferential treatment to Maltese ships in certain ports.

The operation of commercially registered yachts for chartering purposes using a Maltese company (using a Maltese International Trading Company)  is very tax advantageous. Profits from chartering are taxed at 4.17%, there is no VAT on chartering contracts and VAT paid on purchases by the Maltese company can be reclaimed.

• Malta's Ship & Yacht Registry - Flying the Malta Flag 
• Bareboat charter registration 
• Manning, International Convention, Mortgages
• Ship Registration Services
• Yacht Registration
• VAT on Maltese registered pleasure yachts reduced to 5.4%