Another service we offer is Vessel
Registration and Company Formation Procedure. We can assist you
in forming a Maltese Shipping Company, which leads to Malta flag
registration. The procedure for the registration of a ship is a
well-defined and relatively straight forward procedure. Our team
is very experienced and can affect registration very quickly.
Registration of a ship with a Maltese flag gives you many advantages
such as:
- Low company formation and ship registration costs
- Complete tax exemption to owners, charters and financiers of
Maltese ships over 1000 net registered tons - (exemption may also
be extended to smaller ships)
- No restrictions on the nationality of the shareholders and
directors of Maltese companies, and of the master, officers and
crew of Maltese Ships
- No restrictions on the sale and mortgaging of Maltese Ships
- No restrictions on trading and foreign port entry
- No restrictions on the sale or transfer of shares of a company
owning Maltese Ships
The Malta flag is today a flag of choice. Its good standing is
evidenced both by the number of ship-owning and ship-management
companies of repute which register their ships in Malta and also
by the confidence shown by the leading international banks and financiers
who recommend the Maltese register. Malta's flag of confidence is
further enhanced by the placing of our open ship register which
ranks amongst the top eight registers in the world.
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