Ganado Advocates

Shipping Department

Malta
Current View:

This content is provided by Ganado Advocates .

Overview

The Shipping & Yachting practice:
  • Assists owners, operators & their financiers with: transactions concerning ships/yachts; registration of vessels/mortgages under the Malta Flag; cross-border tax issues & Malta’s tax incentives
  • Offers 24x7 assistance with the registration of ships/yachts/other vessels under the Malta Flag
  • Assists ship financing banks/institutions in registering & perfecting registration of mortgages/security interests over Maltese-registered vessels
  • Drafts various Maltese-law governed security documents: mortgages & deeds of covenants; pledges of shares securing obligations under loan agreements; non-Maltese law governed transaction documents reviewed from a Maltese law perspective
  • Works with international law firms to address any cross-border VAT/other tax issues
  • Advises Malta tax authorities on technical aspects of tax legislation relating to yachts
  • Provides tax advice to owners who lease their yachts through Maltese companies, import yachts in the EU through Malta, & acquire/transfer yachts owned by Maltese companies &/or Malta-flagged yachts
  • Advises clients on logistics/preparation of legal documents in connection with: the commissioning of newbuildings; the acquisition/sale of second hand vessels (to be) registered in Malta
  • Advises clients on international maritime conventions concerning safety at sea, pollution/tonnage measurement & in handling port/flag state control, crewing/armed guards requirements & all other related technical/administrative aspects

Members

Aquilina, Daniel

Attard, Stephen

Cassar Naudi, Christine

Cassar Pullicino, Louis

Grech Orr, Karl

Scerri-Diacono, Jotham

Industries

Banks

Private Clients / Individuals

Shipping

Transportation

Travel & Leisure

Yachting