Malta offers yacht owners looking to buy a new boat attractive savings on VAT. This scheme is recognised by the EU (since Malta is a full EU member state) and vessels will be ‘EU VAT PAID’ and free to navigate in EU waters without any restrictions. Malta’s shipping registry has grown extensively in the last years and lists some of the most prestigious yachts sailing today. Vassiliades and Co. Malta Limited offers Malta solutions to yachts owners including registration of commercial yachts, VAT-efficient leasing structures and temporary importation procedures.