Advantages of registration under the Malta flag
- Reliability and reputation of the largest flag in Europe and the seventh largest in the world
- Straightforward and quick company and yacht registration procedures
- Assistance with application for tonnage tax regime for commercial yachts
- Security offered by Maltese law to financiers/mortgagees of Maltese registered vessels
- Low company formation and yacht registration costs
- No restrictions on the nationality of the shareholders and directors of Maltese companies
- No restrictions on the nationality of the Master, officers and crew carried on board Maltese yachts
- No restrictions on the sale or transfer of shares of a Company owning a Maltese yacht
- The Maltese Shipping Registry offers a 24-hour service, seven days a week in respect of urgent matters.
- Eligibility of Non-Maltese Shipping Company to own Malta flagged yachts