July

Rosemont is pleased to announce the opening of their new office in Malta earlier this year

Rosemont (Malta) Ltd is a licenced Malta Corporate Services company regulated by the Malta Financial Services Authority and geared to provide a number of boutique services ranging from the setting up of companies, yacht registration, residency solutions, corporate structuring and administrative services to clients located worldwide.

Specifically for yachts Rosemont proposes the following services from Malta:

♦ Ship registration under Malta flag for all types of yachts, including vessels under construction;

♦ Registration and discharging of mortgages;

♦ Engagement of technical individuals to perform the necessary survey requirements;

♦ Specific Tax and VAT advise for setting up tax efficient structures including leasing structures;

♦ Handling of ancillary compliance services such as radio licence, performing searches, deletion of registry and transfer of vessels;

♦ Preparation of crewing contracts;

♦ Bareboat and time charter registrations;

♦ Resident agent services;

♦ Assistance in other areas related to the maritime sector as may be required from time to time.

Rosemont International companies provide advice and assistance on the purchase and sale of yachts, as well as the ownership structuring, and even technical and safety management. Rosemont Malta office works closely with Rosemont’s Asian offices (Hong Kong, Singapore, Vietnam).

Lying in the middle of the Mediterranean Sea, between mainland Europe and North Africa, Malta is a strategic geographical location and transhipment hub, offering a number of advantages when doing business:

▪ Highly skilled labour force and qualified professionals;

▪ Low operating costs;

▪ Incentives for investment;

▪ EU Member State – Passporting rights for services and companies;

▪ Schengen and Commonwealth member;

▪ A flexible, competitive tax regime;

▪ No witholding tax on distribution of dividends, interest and royalties; and

▪ A large network of Double Tax Treaties (DTAs).

By Rosemont

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