Maritime

from our fact sheets.

Maritime.

Incentives for registering vessels in Malta.

  • Malta’s maritime history is one of the oldest in the world – over 4,500 years old – Malta’s flag
  • home to the 2nd largest merchant fleet in Europe; 8th worldwide; listed on the reputable Paris MoU White List
  • Low operating costs and beneficial financial structures – Sector regulated by Transport Malta, providing a 24/7 service for vessel registration plus readily available technical staff
  • Sliding fee structure – reduced registration fees and tonnage tax to young vessels
  • Legally constituted corporate bodies or entities (irrespective of nationality) or European Union citizens may register all types of vessels under the Malta flag
  • Legislation provides for bareboat charter registration of foreign ships under the Malta flag and bareboat charter registration of Maltese ships under a foreign flag – vessels enjoy same rights and privileges and have same obligations as Malta registered ships
  • Superyacht owners may register their yachts as commercial vessels, paying an annual tax on the tonnage instead of income tax on earnings

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