Registering a vessel under the Malta flag offers several advantages, making Malta a preferred jurisdiction for ship owners and operators. Here are the key benefits:

  1. International Reputation and Recognition:
    • Malta is a reputable maritime flag state recognized globally for its adherence to high international standards and conventions.
  2. Competitive Registration Fees:
    • Malta offers competitive registration fees and initial costs compared to other maritime jurisdictions, making it cost-effective for ship owners.
  3. Favorable Tax Regime:
    • Malta provides a favorable tax environment for shipping companies, including exemptions from income tax on shipping profits and no capital gains tax on the sale of vessels.
  4. Access to EU Market:
    • Malta is an EU member state, enabling vessels registered under the Maltese flag to benefit from EU trading rights and access to EU ports without restrictions.
  5. Efficient Registration Process:
    • Malta offers a streamlined registration process with efficient administrative procedures, ensuring timely registration and minimal bureaucratic hurdles.
  6. Flexibility in Ownership Structures:
    • Malta allows for flexible ownership structures, including the possibility of registration by both natural and legal persons, partnerships, and companies.
  7. Well-Established Legal Framework:
    • Malta has a robust legal framework that aligns with international maritime conventions, providing clarity and certainty in legal matters related to vessel registration and operation.
  8. High Safety and Technical Standards:
    • Vessels registered under the Malta flag must comply with stringent safety and technical standards, ensuring high levels of safety and operational efficiency.
  9. Protection and Security:
    • Malta offers comprehensive protection for vessels against piracy and other maritime risks, supported by its membership in international maritime security initiatives.
  10. Quality Flag Administration:
    • The Malta Flag Administration, represented by the Merchant Shipping Directorate (MSD), provides professional support, guidance, and oversight to ship owners, ensuring compliance with international regulations.

These advantages make registering a vessel under the Malta flag an attractive option for ship owners seeking a reliable and respected flag state that prioritizes safety, compliance, and operational efficiency in the global maritime industry.

‍

Secure Business Accounts for EU & UK Businesses. Fast, User-Friendly Payments. Register Now!

Get a Business Account
Btn Arrow

Featured Posts

blog image
By
FLOWBX
Step-by-Step Guide to Register a Design with EUIPO
blog image
By
FLOWBX
Buying a Franchise
blog image
By
FLOWBX
3-Year Business Financial Plan

Explore Categories

Exporting
Importing
Compliance
Technology
FlowBX Updates
Companies

Apply Now for a Business Account
and Get Your VISA Debit Card!

Register Now

Simple. Stressfree. Payments

SECTIONS
HomeFeaturesPricingRegisterBlog
BLOG Categories
EducationBusinessCompaniesComplianceExportingFlowBXImportingTechnologyAll Articles
CONTACT
info@flowbx.comFAQsSupportDownload AppBlog Search
UK Programme
‍

FlowBX Ltd (registered address being C/O The Accountancy Partnership Twelve Quays House, Egerton Wharf, Wirral, United Kingdom, CH41 1LD), trading as flowbx.com is a payment programme of Orenda Financial Services Limited (UK). Orenda Financial Services have an agreement with Monavate Ltd for card issuance and related payment services. Monavate Ltd is a limited company registered in England and Wales with registration number 12472532.  Our registered office is at The Officers Mess Business Centre, Royston Road, Duxford, Cambridge, England, CB22 4QH. Monavate Ltd is authorised and regulated by the Financial Conduct Authority and registered with Firm Reference Number 901097. Monavate Ltd are regulated and authorised to issue cards and electronic money under the flowbx.com payment programme.

Monavate UK Consumer Debit Card Terms and Conditions

Monavate UK Business Debit Card Terms and Conditions
‍
Orenda Financial Services Limited (UK) - Privacy Policy UK
‍

EU Programme

FlowBX OU (registered address being Harju maakond, Kristiine linnaosa, Kotkapoja tn 2a-10, 10615, Tallinn, Estonia), trading as flowbx.com is a payment programme of Orenda Finance Ire (Ireland). Orenda Finance have an agreement in place with UAB Monavate for card issuance and related payment services. UAB Monavate is an entity registered in Lithuania with legal entity Code: 305628001 and having its registered address at Konstitucijos pr. 21a, LT-08130, Vilnius. UAB Monavate is regulated by the Bank of Lithuania and has the following authorisation code: LB002139. UAB Monavate are regulated and authorised to issue cards and electronic money under the flowxbx.com payment programme.

Monavate EU Business Debit Card Terms and Conditions

Orenda Finance Ire (Ireland) - Privacy Policy EU


Easy Payments Disclaimer

Important information: the payment services necessary for the furnishing of our services to you are provided by Easy Payment and Finance, E.P., S.A., (“Easy”) domiciled at Calle Leganitos 47, Planta 9ª, 28008 Madrid (Spain), with Tax Identification Number A85785905, registered in the Business Registry of Madrid, Sheet M-488476, Volume 27111. Easy is a payment institution regulated and supervised by the Bank of Spain (C/Alcalá 48, 28014 Madrid, Spain), listed in its Special Register of Payment Institutions under number 6849. Easy and us are independent entities and we are not an agent of Easy or act as an agent of Easy, nor do we provide any payment services in the name of or on behalf of or for the account of Easy. The provision of the payment services by Easy is subject to the prior subscription of the Payment Services Framework Agreement by you, which can be accessed at the following links:

Framework Agreement For Payment Services - Consumers

Framework Agreement For Payment Services - Non-Consumers
‍
Terms and Conditions for Account Holders
DISCLAIMER:  FLOWBX.com assumes no responsibility or liability for any errors or omissions in the content of this website or blog. The information contained in this website or blog is provided on an "as is" basis with no guarantees of completeness, accuracy, usefulness, or timeliness.