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Commercial Yacht – Pleasure Yacht Changeover Guidelines - Transport

Commercial Yacht – Pleasure Yacht Changeover Guidelines - Transport
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Eligibility to register under Malta maritime flag

a foreign individual, provided that they hold a valid EU, EEA, Swiss or UK passport. Resident agents In the case of a non-Maltese entity or foreign individual (referred to in Maltese law as an international owner ), said non-Maltese owner must appoint a resident agent that is habitually resident in Malta for the purposes of acting as a channel of communication between the Maltese authorities and the non-Maltese owner. For foreign individuals, the appointment of a resident agent is not required if the individual resides in Malta. The same options apply to bareboat charterers registering their interests under the Malta flag.

Ship management companies and Tonnage Tax Rules | Hellenic Shipping News Worldwide

Ship management companies and Tonnage Tax Rules A longstanding maritime legacy and EU accession have been instrumental to Malta consistently improving its status as a leading maritime hub in the Mediterranean and becoming the largest maritime flag in Europe. The Malta flag is often considered a flag of choice for shipowners, charterers and financiers alike, which are attracted by the experience and reliability offered by the Malta Ship Registry, as well as the existence of a robust legal framework. Collectively, these characteristics have increased the international standing of the registry while simultaneously maintaining its whitelisting in the Paris Memorandum of Understanding.

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