Mediterranean / EU - Under 24m
Transport Malta - Merchant Shipping Directorate
Annual registration: EUR 300-800; VAT (at import): 18% Malta rate; Leasing scheme can reduce effective VAT to ~5.4%
Processing time: 2-3 weeks
Yes - the Malta VAT leasing scheme is available for vessels of all sizes, including under-24m recreational boats. The scheme allows the effective VAT rate to be reduced to as low as 5.4% based on the proportion of time the vessel is deemed to use outside EU waters.
Yes - Transport Malta accepts registration from non-EU residents and companies, including offshore entities. However, VAT-paid status must be established if the vessel will spend time in EU waters.
Yes - Malta's EU flag allows unrestricted chartering in EU waters, and the flag is recognized by port authorities across the Mediterranean, including Turkey and North Africa under bilateral arrangements.
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