Malta
offers a wide range of international maritime services and
facilities, namely international shipping, bunkering, ship supplies
and towage services, ship building and ship repair yards which can
take the largest ships afloat, modern facilities for transhipment and
distribution, a Freeport and oil terminal, a hub for cruise liners,
international yacht marinas backed by repair and shore support
services and an international ship register which is now long
established as one of the largest in the world.
Malta's Maritime Flag
Malta
is also quickly establishing itself as a yachting destination and
cruising base and the proposed development of additional marinas, a
new cruise liner terminal and the expansion of the Freeport, are
clear indications that the future of maritime Malta looks set to
expand.
The
Maltese Islands being strategically located at the centre of the
Mediterranean Sea afford easy access to major European and North
African destinations and has direct air links to most major European
and North African cities, Middle East and Arab Gulf States.
Furthermore,
a Commercial Yacht registry is fully operative in Malta and no Income
Tax is to be paid on the income derived from the use of a Commercial
Yacht if such yacht is registered under the Commercial Yacht
Registry.
At
Credence, we offer international legal consultancy in all areas
relating to shipping, and our offices in several countries including
Spain, Cyprus, Turkey and Portugal offer legal, financial and
fiduciary services with a guarantee of receiving an initial analysis
of any of our clients’ requirements within 24 hours of the first
correspondence.
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