Malta Commercial Yachts

A Commercial Yacht Registry is fully operative in Malta. The Malta Maritime Authority (MMA) has issued a Code of Practice in relation to the construction, equipment and operation of a Commercial Yacht. Registration of a yacht under the Commercial Yacht Registry carries certain benefits, such as: Zero tax levied on any income derived from the…

Malta Shipping Company

The registration of a vessel on the Maltese Register no longer necessitates the incorporation of a shipping company in Malta. Foreign corporates (referred to as an international owner or charterer) complying with requirements may also register a vessel in Malta. Shipping companies incorporated in terms of Merchant Shipping (Shipping Organisations – Private Companies) Regulations may…