MALTA – THE LARGEST EUROPEAN FLAG FOR YACHTS.
ASSET V PROVIDES TAILORMADE SOLUTIONS: ONE CALL, ONE INTERLOCUTOR.
The tonnage tax and the beneficial VAT are central considerations why yacht owners choose the Malta flag. However, there are more aspects that have been beneficial for yacht owners, including the lack of restrictions on the nationality of the yacht owner or in the captain’s and the rest of the crew and the crew employment and social security contributions scheme.
Asset V supports yacht owners with registration under the Malta flag, by appointing Asset V as resident agent to act on behalf of client. The owner can be an individual, a foreign legal entity or corporation which owns a yacht.
We assist yachts that are based anywhere in the world!
The yacht’s location is a factor that will not affect the registration process, as Asset V has connections with many European surveyors approved by Transport Malta that can travel in the yacht’s location and make sure that the applicable regulations are adhered to.
Asset V manages the entire flag registration process step-by-step as head of project management as well as coordinating all players involved in the registration such as surveyor, Transport Malta, previous Port of Registry for the flag deletion, lawyers and any others in order to make the process easier, faster and avoid any headaches to the yacht interests.
Change of Flag-Brexit
During these uncertain times, many yacht owners are re-thinking which home port to opt for and considering the possibility of registering the yacht under a new flag. The uncertainty surrounding Brexit has heightened the need for yacht owners and captains to consider the Malta Flag.
During the past months, Asset V has assisted a number of owners re-flag their yachts to Malta. The Malta Flag enjoys a high reputation and as is secure jurisdiction; it has a long-standing background in the vessel registration and is also investing in future in the maritime industry. Asset V has the necessary expertise to assist you through the registration process. We invite you to trust us for this change of flag and we assure we will make it a smooth transition for you.
Furthermore Asset V offers tailor made solutions with crew, operational, administrative, safety and technical assistance.
> Contact our Clients Manager Stefano Bombardini, today at Stefano.B@asset-v.com for any additional information or assistance.