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Big Benefits - Yacht Registration in Malta
Malta is well positioned in the central Mediterranean for yachts transiting east or west. Over the years Malta has developed a strong legal and regulatory platform which has enabled it to become one of the largest ship registers in the world - ranking 1st in Europe in the yachting industry. Opting for Malta means joining the largest and arguably the most established shipping community in Europe.
Malta is located in the middle of the Mediterranean, south of Sicily and north of Africa, and has English as well as Maltese as official languages. As a Member of the EU, Malta’s law and regulations are all compliant with EU directives. Moreover, it has also ratified most of the International Conventions issued by the International Maritime Organisation (IMO), International Labour Organisation (ILO) and the United Nations (UN). The tax framework of Malta is OECD compliant including a network of over 70 double tax treaties.
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Malta has, for years, been a maritime nation of repute. Its
strategic location in the centre of the Mediterranean, natural
harbours, and extensive range of maritime services such as
shipbuilding and repair, Freeport, bunkering, ship supplies and
towage services have contributed to making Malta a leading maritime
hub. The island s location has given it great strategic
importance and Malta is now recognised as being an entree-port to
the EU.
Malta has retained its importance in the shipping and yachting
world not only because of its geographic location but also because