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Home > Legal & Financial News > Malta Budget 2010: Reduction in fees for the registration and licensing of power boats

Malta Budget 2010: Reduction in fees for the registration and licensing of power boats


Malta – 10th November 2009 - This will result in a loss of revenue of €150,000 and around 16,000 people will benefit. Below is a table indicating the revision of tarrifs for the registration and licensing of boats in Malta

Revision of tariffs for the registration and licensing of boats

Category

Present Fee €

Proposed Fee €

Present Annual Fee €

Proposed Annual Fee €

Without an engine < 3.6metres

0.00

0.00

0.00

0.00

Without an engine >3.6 metres

58.23

0.00

(5 years*)34.94

(5 years*)10.00

Not more than 10 H.P.

58.23

50.00

(5 years*)34.94

(5 years*)10.00

10H.P. to 25H.P.

465.87

50.00

46.59

20.00

25H.P to 50H.P.

582.34

50.00

58.23

30.00

50H.P. to 75H.P.

698.81

50.00

81.53

80.00

75H.P. to 150H.P.

757.04

50.00

104.82

100.00

Over 150H.P.

1164.68

50.00

139.86

140.00

For further information about how Zammit & Associates – Advocates can help you with your yacht registration requirements kindly contact us on info@zammit-law.com

 


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