MED Maritime Ltd ship owning companies incorporation Your browser does not sufficiently support the frames, styles and scripts used in the design of our web site. For this purpose, Maltese law provides for shipping companies.
Maltese ship owning companies are onshore companies.
Since 1996, offshore corporations cannot be incorporated on the Maltese islands. However, shipping companies remain regulated by the Commercial Partnerships Ordinance, which in respect of other companies was replaced by the Companies Act in 1996. Thus, a ship owning company is governed by company law as it was previous to 1996, without the many legal requirements imposed by the Companies Act which is harmonised with EU law. There are no restrictions on the nationality of the shareholders or directors of ship owning companies. The objects of a shipping company must be restricted to the owning, managing and administering of Maltese ships, boats, yachts and vessels of any kind.