Advantages of registration under the Malta flag

 

  • Reliability and reputation of the largest flag in Europe and the seventh largest in the world evidenced by over 46 million registered tons
  • Straightforward and quick company and yacht registration procedures
  • 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