Malta has one of the largest shipping registry in the European Union and has internationally distinguished itself as a white flag state, thanks to the high standards required by Transport Malta, the authority which regulates the sector. This has ensured that the Maltese flag would not become a flag of convenience and as a result, has helped gain the trust of foreign investors within the Maltese shipping industry. Furthermore, Transport Malta fees are amongst the lowest in the European Union, while the country’s tax system provides considerable fiscal benefits to operators and ship managers.
Malta is an attractive base for the registration of commercial and pleasure yachts, as well as super yachts. There are already over 300 super yacht owners who have chosen Malta as a base for their yachts in order to take advantage of the location of the country and the cost-effective services provided by marinas and ancillary companies, as well as the regime for boat ownership which offers a number of specific incentives to boat owners.
Our in-house legal team assist our customers throughout the registration process with Transport Malta. As a ship owner or manager, we can help you benefit from the highly affordable registration costs and fees of service charged in Malta, which would result in substantial savings to you or your company.