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The document is a Merchant Shipping Notice from the Merchant Shipping Directorate of Malta, detailing the process for recognizing non-Maltese Certificates of Competence for officers serving on Maltese ships. It outlines the requirements for obtaining endorsement certificates, including necessary documentation and application procedures, as well as conditions under which officers may serve without an endorsement temporarily. The notice emphasizes compliance with international training and certification standards.

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2023	4.9 Satisfied (30 Votes)
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Why are so many aircraft registered in Malta?

Maltas attractive tax system makes it a popular choice for aviation companies, it offers tax benefits for both individuals and corporations. For companies, all parts of an aircraft may be tax-depreciated over an accelerated period of four years. There is also no withholding tax on dividends, interest, and royalties.

How to get Malta CoC?

Certificate of Competency Submit to the vessel operator the documentary requirements to obtain an endorsement. Process the documents for presentation to the respective authorities. Follow up with Transport Malta for the endorsements. Obtain acknowledgement within 24hrs.

Why do businesses register in Malta?

Malta company incorporation allows companies to avoid their host countries relatively high tax rates while losing few benefits. Additionally, incorporating a Maltese company is cheap and easy. The Maltese government has ensured that its an attractive option for companies to incorporate.

Why are yachts not registered in the US?

0:39 16:00 And its much better for a world Cruiser. It was a super straightforward. Process all we needed wasMoreAnd its much better for a world Cruiser. It was a super straightforward. Process all we needed was a documentation agent. And that was it. But with the new boat.

Why do yachts register in Malta?

Maltese law provides for registration of yachts that are being built or equipped. Attractive tax incentives to yachts and superyachts owners encouraging commercial operation. No restrictions on the sale or mortgaging of Maltese registered yachts and superyachts.

malta endorsement application

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What is a CoC endorsement?

Seafarers working on board a ship are required to have a valid Certificate of Competency (CoC) or endorsement, which comply with the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers (STCW).

What is Malta endorsement?

Officers working on board Malta registered ships and who possess certificates of competence which were not issued by the Maltese maritime centre, are required to hold an endorsement which confirms recognition of such certificates by the Maltese administration.

Why are so many yachts registered in Malta?

Some of the most significant benefits of listing a commercial yacht through a Maltese company are the VAT and tax benefits. Thanks to Maltas tonnage tax system, profits from the use of commercial vessels are subject to tonnage tax rather than income tax. This allows the owner to save on the boats operating costs.

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Why are so many aircraft registered in Malta?

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Why are yachts not registered in the US?

Why do yachts register in Malta?

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