Malta Company Set Up

By: JosephineMartin Financial Advisor 1 Follower


0 Votes
22 Views

Malta, that beautiful island located in the crystal blue seas of the Mediterranean is well known as a holiday destination or for a winter hide away for Northern Europeans looking for a warmer climate. However, did you know that Malta has a booming financial services industry that has really developed over the last decade to rate as one of the best in the world.


As a member of the European Union it should not be presumed it is a tax haven with various offshore company formation services, however it should be noted that the Malta tax system is quite a unique system that it offers various tax efficiencies. As a member of the European Union, Malta has to apply various tax directives and anti money laundering directives into its local legislation. The result of this is that Malta is a well regulated jurisdiction


Malta also has several tax efficient resident programs incentivized to attract foreign investment and these generally offer a low rate of taxation for a minimum amount of funds remitted to Malta. Malta also has a citizenship by investment program but it does not come cheap with around €1 million needed as an investment to support your application.


For entrepreneurs seeking to set up a trading company that trades across a number of European Union countries, it might be worth considering Malta as a central base for your business. It should also be noted that Malta has one of the lowest VAT rates in the European Union at 18%.

Source: https://www.giantbomb.com/profile/papilioservice/blog/malta-company-set-up/119189/

Vote

0 Votes

You May Also Like...

Start the Discussion