Malta Flag Registration
Malta, from its strategic and central position in the heart of the Mediterranean, offers a wide range of international maritime facilities and services including an active and reputable International Ship Register which is currently ranks as the largest merchant flag in Europe.
Malta Flag is today a European Flag, a flag of confidence and a flag of choice. Its good standing is evidenced by many leading Ship Owning and Ship Management companies which register their vessels under Malta Flag, and by International Banks and Financiers who often recommend the Maltese Register the Malta Ship Registration under Malta Flag. It has the largest registered tonnage amongst the European flag states, Numerous benefits are offered to ship owners through Malta’s fiscal, corporate and legal system.
A special thanks to Mark that has given me the opportunity to represent his company in Italy.
Importation of Yachts intended for Commercial Use in Malta:
We are able to assist yacht agents and owners to import their yacht for VAT purposes in Malta thereby bringing the yacht into free circulation within the European Union. In this regard, it would be necessary for the yacht to physically call at Malta in order to undergo the relative VAT and customs procedures and to subsequently be imported into the European Union with the release of the relative import documentation.
Temporary Importation of Yachts intended for Private Use:
It is possible for owners of superyachts flying a non-EU flag, who are non-EU residents and who wish to use their private yachts temporarily in EU waters, to place their yacht under Temporary Importation via Malta. This procedure requires the yacht in question to call at Malta and be subjected to Temporary Importation with the Maltese customs authorities. The owner would subsequently be able to use his yacht freely in EU waters, and therefore the yacht can move from one Member State to another with no further customs formalities, for the permitted period of 18 months.