Malta: Top jurisdiction for ships and yacht registrations

Malta Ship & Yacht Registration

The maritime industry in Malta is highly established and holds a solid reputation even though Malta is one of the smallest members of the European Union. It holds the largest maritime registry in Europe and the seventh largest in the world.

Most of the world’s ships are registered in just a few nations. Around 50% of the world’s ships are registered in just three locations: Panama, Liberia and the Marshall Islands. Around 70% of the world’s ships are registered in 7 locations, the three above as well as Hong Kong, Singapore, Bahamas and Malta.

The Maltese flag appears on many ships and yachts. This success has been mostly triggered by Malta’s strategic location in the middle of the Mediterranean Sea combined with its vast maritime history and since it has established itself as a white flag state. This means that the Maltese flag is not a flag of convenience but a flag that’s trusted by foreign investors interested in the Maltese shipping industry.

The Maltese flag is also chosen for the highly affordable registration costs and fees, resulting in major savings. Transport Malta, the authority that regulates this sector, that has the lowest fees in the European Union.

The Maltese Merchant Shipping Act is largely based on its English counterpart and principally governs the registration and operation of vessels. The Merchant Shipping Directorate at Transport Malta is responsible for the registration of vessels under the Maltese flag and the provision of all aspects of the on-going administration of Malta-flagged vessels.

At Sciberras Advocates we provide advisory services to individuals and legal persons who would like to register their commercial or pleasure boat in Malta. We can handle the registration process assisting you in benefitting from the highly affordable registration costs and fees of service charged in Malta, all whilst ensuring a smooth process. More information here: https://sciberras.legal/practice-areas/ship-yacht-registration/ .

本文仅供参考,不应被视为法律建议。.

查琳·西贝拉斯(Charlene Sciberras)女士,文学士(荣誉),特约撰稿人,是一位营销和工商管理专家,尤其专注于公司、会计和法律事务。.

Sciberras Advocates 由 Adrian Sciberras 博士创立,是一家总部位于马耳他的律师事务所。该事务所以其多学科、创新和灵活的特点而自豪,能够应对不断变化的时代以及本地和国际法律环境中的任何挑战。无论面临何种复杂私人或公司需求,Sciberras Advocates 都能提供切合实际且具有成本效益的法律解决方案,以实现您期望的结果。您可以通过电话联系 Sciberras Advocates: +35627795222或通过电子邮件发送至 [email protected].

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