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Dip.Tax, B.A., LL.M.(Warwick), LL.D., MIT, TEP

International Tax & Legal Counsel

MALTA

 

 

 

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Eligibility of Ships
for Registration under the Malta Flag

ELIGIBILITY FOR REGISTRATION

All types of vessels, from pleasure yachts to cruiser liners, from container ships to oil tankers and oil rigs may be registered, provided that, inter alia, they are wholly owned by Maltese citizens or by Maltese companies incorporated in terms of the Commercial Partnerships Ordinance.

The formation of a Maltese company is a straight forward operation; there are no nationality requirements as to both the shareholders and directors.

Ships of 20 years and over but under 25 years must pass an inspection by an authorised flag state inspector before or within one month of provisional registration.

Ships of 25 years and over must pass an inspection by an authorised flag state inspector prior to being provisionally registered. The cost of the pre-registration inspection is a one-time only Lm1000 (USD2700 approx) paid before the inspection is carried out.

  The Advantages of the Malta Flag    Procedure for registration

  Bareboat charter registration

  Manning, International Convention, Mortgages;

  The Malta Flag: Index.

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