Maritime Services

Leveraging its enduring maritime tradition and culture, Malta actively emerges as a favored vessel registry. The geographical, reputational, and financial advantages it offers make Malta a strategic choice for the maritime industry.

Our company seamlessly integrates the distinctive strengths of each specialized unit, consistently delivering tailored services. Entrust Tsavorite with the registration of your ships and yachts in Malta, and join us as you navigate the maritime landscape with confidence and efficiency.

Our Services Include:

  • Pleasure Yacht Registration in Malta
  • Commercial Yacht Registration in Malta
  • Vessel Registration
  • VAT Leasing Structures

Who can register vessels in Malta?

Vessel registration in Malta extends to EU citizens residing on the island, allowing them to register under the Maltese flag. Maltese corporate entities have the privilege of registering ships under the country’s flag as well. EU citizens and corporate entities outside Malta can actively register vessels under the Maltese flag by appointing a resident agent. Non-EU citizens, who own businesses in Malta, can also actively register vessels under their company’s name.

For yacht registration, Transport Malta is the authoritative body in Malta overseeing the two designated uses of yachts:

Pleasure Yacht Registration in Malta

Pleasure yachts are vessels primarily designed and used for recreational purposes, providing enjoyment and leisure activities for their owners and passengers.

Commercial Yacht Registration in Malta

Malta registers commercial yachts that measure fifteen (15) meters or more, actively operated by either the owner or a corporate entity owning the vessel for commercial purposes. These yachts, designed for commercial use, refrain from transporting cargo and accommodate no more than 12 passengers.

Vessel Registration

The Maltese Register ranks as the sixth-largest maritime register globally and holds the position of the largest within the European Union. We adhere to EU Directives and International Maritime Organisation (“IMO”) Conventions, actively registering various vessel types under the Malta flag. Non-EU/EEA residents and owners have the option to register ships even under construction.

Registering your vessel in Malta entails advantages beyond the country’s esteemed reputation. The substantial fiscal benefits accompanying registration are complemented by the provision of high-quality local services.

VAT Leasing Structures

VAT leasing structures entail the application of reduced rates on the leasing of yachts and superyachts for pleasure. The calculation is based on the effective use and enjoyment of the vessel in EU waters, exempting the lessee from VAT charges in non-EU and international waters. Additional VAT benefits are applicable for the short-term chartering of pleasure yachts, subject to the fulfillment of specific conditions. The customer must have the yacht at their disposal in Malta, aligning with the rules governing the place of supply.

If you have any questions or want to learn more about Maritime Services in Malta, please don’t hesitate to reach out to Tsavorite, and one of our experts will get back to you. Contact us today so that we can hoist that Maltese flag over your vessel and that you can enjoy the Maltese waters to the fullest soon.