Why Malta?

In international shipping, the Malta flag is synonymous with quality and confidence. Building on its success in connection with its merchant fleet register, Malta is now seen as an attractive jurisdiction for international yachting. 

Being a flag of confidence and a flag of choice, the Maltese Ship Register has grown to be one of the largest and most reputable ship registers in the world. All types of marine vessels may be registered under the Malta flag and take advantage of a wide range of benefits. 

COUNTRY HIGHLIGHTS

  • EU compliant legislation;
  • Internationally recognised jurisdiction; 
  • Adherence to international conventions on safety and security;
  • A well-organised and fast registration system;
  • Low registration costs; 
  • No restrictions on the nationality of the master, officers and crew;
  • No restrictions on the sale or transfer of shares of a company owning Maltese ships;
  • Preferential treatment to Maltese ships in certain ports;
  • An international maritime centre providing the whole range of maritime services, ranging from bunkering to towage, shipbuilding and repair;
  • Attractive incentives to owners, charterers and financiers of Maltese vessels;
  • The Malta Register of Ships provides proof of title and enables the owner to register a mortgage on the vessel;
  • Yachts can be coded and operated as commercial charter yachts on the register;
  • Exempt from Tax on Shipping Activities;
  • 5% effective tax rate on other Trading Activities.

Stephanie Galea

+356 2247 9014

Stephanie.galea@atomfs.com.mt