Malta developed a strong legal and regulatory platform that enabled Malta to become an established and reputable place for Shipping Registration.
Malta developed a strong legal and regulatory platform for Shipping Registration.
Malta has developed a strong shipping specific legal and regulatory platform that enabled the Maltese Shipping Flag to become an established reputable International Ship Register which is now one of the largest in the world.
The Eight Cross Flag is one of the most recognizable in our seas and oceans ranking 1st in Europe and 6th worldwide in terms of registered tonnage.
Over the last decade efforts of Maltese Authorities have shifted towards the creation of a framework aimed at enhancing the Super-Yacht Industry and ultimately to replicate the positive results obtained within the Shipping Merchant Fleet. This was done by taking full advantage of Malta’s high reputation as an International Centre of Excellence and its wide range of International Shipping services and facilities.
Malta has developed its natural harbours, investing heavily in state-of-the-art super-yacht marinas and encouraging the creation of a number of onshore service-providers such as refitting yacht yards and yacht-management companies of the highest standard.
KPMG Malta Ship Registration Team
KPMG’s Ship Registration Team provides advisory services to individuals and legal persons wishing to register ships under the Malta Flag. KPMG’s Malta Shipping Team gained the trust of ship owners’ who decided to register their ship under the Malta Flag. Our Shipping Team assists ship owners with the registration of ships as soon as their keel is laid by drafting and submitting documentation required by Maltese Authorities and providing tax efficient solutions aimed at maximising the particular needs of the ship owner.
KPMG’s Ship Registration Team assists a varied shipping portfolio clientele, including international ship-owners and credit institutions in all maritime law aspects such as Ship and Super-Yacht Registration, Shipping Compliance, Shipping Sale & Purchase and Ship Finance.
In addition to the pure Flag of Choice and Registration advisory role, KPMG’s Ship Registration Team also advises shipping groups on the adoption of efficient tax structures and practices on the basis of their governance and market requirements.
Through its team of Shipping Specialists, the KPMG’s Ship Registration Team identifies new opportunities for KPMG’s shipping clients as well as bridges the gap with the Maltese Regulator at Transport Malta and other industry stakeholders.
Download the Ship Registration in Malta factsheet here.
Paul Pace Ross