In line with Commerical Regulaions the registration of yachts under the Malta flag is a straightforward process, and the Commercial Yacht (Vessel) Registry offers significant tax advantages for yachts registered for charter.. Profits are taxed at just 5% and there is no VAT paid on chartering contracts. (See www.malta-law.com for more information.)
Advantageous procedures have also been established for the taxation of yachts lease-purchased to third parties by a Malta company. In this situation, a Maltese company purchases the yacht and leases it to a third party with an option for that third party to purchase the yacht at a reduced price at the lease’s end. For further detail on the tax advantages of this approach, visit www.sdyachts.com
