Maltese shipping companies may be used to own or operate a Maltese-flagged
vessel and may therefore be of interest to ship or yacht owners wishing to flag
or re-flag under the Maltese flag that is currently the 5th largest ship
register in the world.
Companies owning or operating (including under bare boat charter) Malta-flagged
vessels may apply for a 100% exemption from Income Tax on the resultant profits;
companies owning or operating Malta-flagged yachts outside of Malta may apply
for a ruling as to ITC status above.
Ship Registration Division is at your disposal to provide all assistance
relative to the flagging of the vessel or yacht concerned.
Low company formation and ship registration cost;
Complete tax exemption to owners, charterers and financiers of Maltese ships
of over 1,000 net tons; this exemption may also be extended to smaller ships;
No restrictions on the nationality of the master, officers and crew;
No restriction on the sale or transfer of shares of a company owning Maltese
No restrictions on the sale and mortgaging of Maltese ships;
No trading restrictions and preferential treatment to Maltese ships in certain
Offshore companies operating ships can enjoy all the exemptions and benefits
provided for by the offshore legislation;
Twenty four hour, seven days a week service in respect of urgent matters;
Malta is an international maritime centre providing the whole range of