Malta is today one of the most popular jurisdictions for yacht registration.
Malta has developed a strong legal and regulatory platform that enabled the Maltese 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 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 maritime services and facilities.
Malta has developed its natural harbours, investing heavily in state-of-the-art superyacht 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’s Yacht Registration Team provides advisory services to individuals and legal persons wishing to register pleasure or commercial yachts under the Malta Flag. KPMG’s Malta Yachting Team gained the trust of yacht owners’ who decided to register their pleasure and commercial yachts under the Malta Flag. Our Yachting Team assists yacht owners with the registration of pleasure yachts as soon as the yacht’s keel is laid by drafting and submitting documentation required by Maltese Authorities. KPMG’s Yachting Team is supported by its International Tax and VAT Team and is able to provide a tailor made service in order to ensure a smooth yacht registration process within tight deadlines.
© 2019 KPMG, a Malta civil partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.