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About Us

John A. Gauci - Maistre K.M. -  CEO


GM International Services Limited

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GM International Services Limited

Dr Jean-Pie Gauci-Maistre B.A., MICS, Dip. Tax, MSc (WMU), LL.D. - Director / Advocate / MLRO


GM International Services Limited

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GM International Services Limited

Charles Caruana -  Head of Shipping Department


GM International Services Limited

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GM International Services Limited

Francesca Scicluna -  Shipping Department


GM International Services Limited

GM International Services Limited

Despoina Xynou -  Advocate


GM International Services Limited

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GM International Services Limited

David Said -  General Manager


GM International Services Limited

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GM International Services Limited

Mark Pullicino -  Head of Accounts Department


GM International Services Limited

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GM International Services Limited

Lynn Cunningham -  Accounts Technician


GM International Services Limited

GM International Services Limited

The following advantages are offered to ship owners who wisely choose to register their ships in Malta. The major advantages and tax concessions may be summarised as follows:

  1. In respect of Maltese ships having a net tonnage exceeding 1000 net tons (defined as "exempt ship"):

    a. The owning company shall be exempt from Income Tax on any gains or profits derived from the ownership or operation of the exempted ship;

    b. No Income Tax shall be payable on dividends paid by the company to the shareholders if such dividends are paid out of the gains or profits mentioned in paragraph (a) above;

    c. No Succession and Donation duties are payable on shares of the owning company; and

    d. No stamp duty shall be payable in respect of any instrument involving:
    1. the registration of an exempted ship (such as the Bill of Sale); and
    2. the allotment of any newly issued shares, transfer, assignment or negotiation of any share or stock of any such company.
       
  2. Ships of under 1000 net tons (excluding pleasure yachts) may qualify for the above exemptions only if the shareholders of the owning company are non-residents and non-domiciliaries of Malta.
     
  3. There are no restrictions under the Maltese exchange control (Central Bank) regulations for the registration, mortgaging, sale and operation of Maltese ships, the distribution of dividends/profits and repatriation of funds.
     
  4. No restrictions whatsoever are imposed on the nationality of the master, certified officers and crew employed on Maltese ships.
     
  5. There are no restrictions on the sale of ships registered in Malta to foreign nationals.
     
  6. There are no restrictions on the mortgaging of ships registered in Malta in favour of foreign nationals.
     
  7. There are no trading restrictions on Maltese ships.
     
  8. No inspections are necessary for vessels under 15 years, whereas vessels aged between 16 and 20 years may carry out an inspection within one month of provisional registration, without incurring any inspection fees.
     
  9. There is no restriction on the sale or transfer of shares, or stock of a company owning a Maltese ship.
     
  10. Fast registration and de-registration system.
     
  11. A Body corporate established under the Laws of Malta, having a place of business in Malta, need not have its principal place of business in Malta in order to own a Maltese ship. Similarly, there is no requirement for the Maltese Body corporate to have any Maltese directors/officers.
     
  12. Although a deletion certificate from the previous flag, Carving & Marking Note and Bill of Sale are required by law within thirty days, this period may be unofficially extended.
     
  13. Ships registered in Malta are subject to low fees.
     
  14. A Maritime Agreement is in force with the Russian Federation whereby Maltese flagged vessels calling at Russian Ports receive preferential treatment especially in respect of Port dues and taxes.
     
  15. The Merchant Shipping Directorate (formerly Malta Maritime Authority) gives a 24 hour service, seven days a week. A Registrar and a technical advisor are on call after office hours (including weekends and public holidays) for urgent requirements.


OTHER ADVANTAGES

  • A flexible and efficient Maritime Authority
     
  • Political stability and excellent relations with local authorities
     
  • Good reputation as a flag of choice and confidence
     
  • Tax treaties with most major countries
     
  • Excellent telecommunications and efficient air services