Maritime Services - Malta Flag 2024 | Griffiths + Associates
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Maritime Services – Malta Flag

The Maltese shipping register is the first in Europe and sixth largest world-wide register, which has seen such an exponential growth in the number of sea vessels registered.

Maltese maritime law has been, over the years, bolstered to cater for different domestic and commercial ship registers including the small ships registry, and has also kept abreast with international developments and adheres with international maritime conventions.

Maritime Services Include:

Yacht Registration in Malta

Griffiths + Associates offers a very comprehensive service that incorporates all aspects of registration of yachts. We will assist you throughout the entire yacht registration.

Contact us for a personalized quotation tailored to meet your individual requirements, we will happily guide you through our services and also advise you on the solutions that would best suite your needs. Learn more…
Tonnage tax Malta

Maltese law requires the payment of an annual tonnage tax by all Malta-registered ships. Upon payment of such tonnage tax, the annual certificate of registration is issued for the ship in question and valid for a full year therefrom.

Our firm can assist in dealing with Transport Malta and handling the calculation and payment of any such tonnage tax, together with filing the necessary documents to keep any Malta-registered vessel in good standing, including commercially registered ships. Learn more…
Temporary Importation

EU VAT legislation allows for the temporary importation of pleasure yachts that are owned by non-EU persons and that are flying non-EU flags, to be able to travel freely within EU territorial waters for a period of eighteen months from the date of first entry within such territory. Provided that Malta is the first country of entry of such a vessel, a temporary importation procedure would be possible.

Our firm has various years of experience in handling the relative formalities which require the temporary importation of such non-EU registered vessels within the EU territorial waters, as well as the eventual export of such vessel within the terms of law. For detailed information feel free to contact us. Learn more…
VAT Leasing Malta

How Maltese VAT On Yachts Can Be Reduced Through A Leasing-Scheme?

EU VAT law requires pleasure yachts travelling within EU territorial waters to be VAT paid. Malta, over the years, has provided a legislative medium in terms of VAT leasing structures which facilitate the possibility to put in place a low VAT paid status for a pleasure yacht within a legislative framework that is accepted throughout EU member states.

We have various years of expertise in this field, having successfully put in place the necessary solutions to enable a VAT-paid status to be acquired for pleasure yachts of all sizes. Learn more…

Main advantages of the Malta flag:

⚓ Malta flag is the flag of confidence; it is the largest in Europe and 6th largest in the World.

⚓ Malta is a social, fiscal and politically stable country.

⚓ Сompetitive yacht registration costs and uncomplicated and efficient procedure for registration and deletion of Maltese vessels, as well as for the registration and discharge of mortgages.

⚓ Ship registration not strictly limited to ships; registration of other boats such as oilrigs, platforms and barges, is permitted.

⚓ Ship registration under construction and mortgages over such vessel is permitted.

⚓ Yacht does not need to visit Malta physically, if it is registered in Malta.

⚓ Malta has no nationality restrictions for the ship owners and crew members.

⚓ No minimum manning policy for private yachts.

⚓ No trading restrictions.

⚓ No restrictions on the sale and mortgaging of Maltese registered ships.

⚓  Attractive tax incentives to yachts and superyachts owners encouraging commercial operation – reduced VAT rate for short-term yacht chartering taking place in Malta.

⚓ Licensed shipping organisations are exempt from income tax. Using efficient tonnage tax system. Read more here…

Need our assistance with registration your boat under Maltese flag?
Get support from our specialised professionals.

Liudmyla Skryvanek - Maritime Connections Worldwide Expert
Liudmyla Skryvanek - Maritime Connections Worldwide Expert

We provide full array of maritime services:

  • Advisory services to individuals and legal entities who wish to register yachts under the Malta Flag.
  • Services on the adoption of efficient tax structures at maximising the particular needs of the yacht owner.
  • We may act as a resident agent for the registration of a company in Malta to act as owner of the yacht and liaise with certified surveyors as well as the shipping Directorate of Transport Malta in order to have the provisional / permanent registration.

To meet with our specialists please fill out the form below or send us your query via email info@griffithsassoc.com  and we will contact you shortly.

    ALL SERVICES
    Company presentation

    Our company’s mission – to provide quality financial services to our esteemed local and international clients, keeping their needs at the centre of our ethos; going the extra mile to efficiently and effectively assist them in growing and fulfilling their business and personal needs.

    Peter Griffiths – Managing and Tax Director
    Peter Griffiths
    Managing and Tax Director, Griffiths + Associates