FLY THE MALTA FLAG

Malta, an island in the heart of the Mediterranean Sea, with the most appealing location and a comprehensive range of facilities, has been highly regarded as a maritime nation. Malta’s historical sites with the sea continue to provide opportunities in the maritime sector, including various attractive solutions for yacht and yacht owners. The island’s location has given it great strategic importance and Malta is now recognised as being an entree-port to the EU. This all creates the right environment for the island to become a resourceful service centre for every aspect of the superyachts service industry.

LET’S GET STARTED

With over 35 years of experience, CSB Group has a team of industry experts to help you register your yacht and help you with any other yachting requirements you might have.

Fill the form here and we will get in touch with you within the next 48 business hours.

    By clicking on “Send” I confirm that I have read and agree to your Privacy Policy.

    WHY CHOOSE THE MALTA FLAG

    Malta offers yacht marinas that are located all over the island. Most marinas are equipped of high end facilities and range of services to satisfy all yacht owners’ necessities including fuel bunkering, technical services for repairs, luxury on-site facilities and immediate access to other off-site facilities.

    Yacht Registration in Malta offers various advantages. Through the ratification of most of the International Maritime Organisation (IMO) international conventions, it developed a very suitable and highly competent legal structure to provide for an efficient registration process.

    All of the above is complimented by other factors such as low yacht registration costs.

    Benefits of Registering a Yacht in Malta

    Temporary Importation Procedure for non-EU yacht owners

    A temporary relief is available for yachts that are imported into EU waters by non-EU owners, with the intention of re-exporting them.

    Tax efficient Yacht Leasing Structure and Purchase Option

    The leasing of a pleasure yacht from a Maltese company may be subject to reduced rates of VAT, taking into account the actual use and enjoyment of the yacht within EU waters. Through such structures, it would be possible for lessors/owners of yachts to lease out their yacht to a lessee for a consideration for a specified period of time (both for a short term lease or a long term lease). Through such a structure, VAT would be payable by the lessee on the monthly lease instalments, which VAT would be payable on a quarterly basis.

    Onward Supply Relief

    This scheme allows the exemption from the payment of VAT due on importation of the goods from outside the European Union when the place of first destination is Malta, insofar as the goods are intended for the subsequent dispatch to another Member State as an intra-community supply following their release into free circulation authorised by the Maltese Customs.

    Vat Treatment of Yachts Intended for Commercial Use

    Yachts intended for commercial use may opt for VAT deferment on the importation by:

    • Obtaining a VAT deferment on the importation of the yacht by a Maltese owning entity having a Maltese VAT registration; without needing to set up a bank guarantee;
    • Obtaining a VAT deferment on the importation of the yacht by an EU owning entity having a Maltese VAT registration, provided that the company duly appoints a VAT representative in Malta, without needing to set up a bank guarantee; or
    • Obtaining a VAT deferment on the importation of the yacht by a non-EU owning entity on provision by the importing entity of a bank guarantee amounting to the VAT payable on 0.75% of the value of the yacht, capped at one million euro;

    MALTA: YACHT SERVICE PROVIDERS

    Malta caters the whole range of maritime services including very reputable and experienced legal and corporate services supporting registration, management and administration. Amongst the services being offered are the following:

    • Maltese Flag Registration;

    • Company Registration;

    • Tax efficient structures;

    • Coordination of commercial yacht certifications;

    • Assisting yacht finance lease transactions;

    • Coordination of temporary importation procedures;

    • Clearing of vessels with customs / immigration both inbound and outbound;

    • Review of loan agreements, security agreements, statutory mortgages, collateral deeds of covenants, issuing of legal opinions;

    • Yacht administration, management and berthing arrangement;

    • Tax structuring and administration;

    • Enforcement of claims against Malta registered yachts or within Maltese territorial waters;

    • General yachting services;

    • Crew transfers / Visa applications/payroll services;

    • Travel organisation Entertainment (guided tours around Malta & Gozo);

    • Any specific request that Yacht Master/owner may require.

    • Day-long Yacht Charters

    MARINAS

    Malta is situated in the heart of the Mediterranean south of Italy. The Maltese archipelago consists of mainly three islands: Malta, Gozo and Comino. The yachting paradise based around breath taking natural harbours and top class yacht marinas. The main international ports are Valletta Grand Harbour and the Port of Marsaxlokk. Others are located in the picturesque Kalkara Creek within Malta’s Grand Harbour, Portomaso Marina – in an exclusive and boutique yacht Laguna Marina, on the Valletta waterfront, in the innermost part of Marsamxetto Harbour which is the Msida Marina, Manoel Island Marina,  Roland Marina and Royal Malta Yacht Club Marina which are both situated in Ta’ Xbiex.   The second largest island, which is Gozo, has one port – Mgarr Marina, a perfect stop-over for anyone visiting Gozo or cruising around the Maltese Islands.  

    The Maltese Flag ranks as the largest tonnage in Europe and sixth largest tonnage in the World. The country is deemed as one of the leading providers of statistical services in the maritime sector and achieved the Malta authority’s vision as an international centre of maritime excellence in the Mediterranean.

    Contact Us