Country: Malta
Region: Europe
Currency: Euro (EUR) (€)
Languages: Maltese, English
Time Zone: UTC +1
Phone Code: +356
Communications: Good
Formation Cost: 1600 - 4000 USD$
Formation Time: 2 - 8 days
Maintenance cost: 1300 - 2900 USD$
The government has attempted to create a high-technology manufacturing sector and to establish processing and distribution facilities around its rapidly growing Freeport. There are extensive investment incentives. Almost without wanting to, Malta has become the leading EU provider of gaming services, to its immense profit. Manufacturing, tourism and shipping are also rewarding. Its banking, mutual funds, insurance and trust service sectors are growing. Malta offers low-tax regimes to companies, although they are hard to understand.
There is a reasonably sophisticated business and professional infrastructure. Business sectors with offshore activity include banking, investment fund management (there is a stock exchange with a growing array of mutual fund listings), trust management, shipping and investment holding.
Suitable for:
Wealth Management, Banking, Insurance, Fund Management, Shipping, Yachting, E-commerce, E-gaming, Property Ownership
Vehicle Types:
Limited companies, public limited companies, investment companies with variable share capital (SICAV), general partnerships, limited partnerships, branches, sole proprietorships and trusts
Capital primary business districts:
Valletta, Birkirkara
Good Relationships:
Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom
Bad Relationships:
Burma, Egypt, Iran, Korea (Democratic People's Republic of), Libya, Somalia, Sudan, Syria
Tax Burden - Business:
Moderate
Tax Burden - Individual:
Heavy
Headline tax rates:
CIT 35%, PIT 20-35%, VAT 18%
Treaty Jurisdictions:
Albania, Australia, Austria, Bahrain, Barbados, Belgium, Bulgaria, Canada, China, Croatia, Cyprus, Czech Republic, Denmark, Egypt, Estonia, Finland, France, Georgia, Germany, Greece, Hong Kong, Hungary, Iceland, India, Ireland, Isle of Man, Israel, Italy, Jersey, Jordan, Korea, Republic of, Kuwait, Latvia, Lebanon, Libya, Lithuania, Luxembourg, Malaysia, Montenegro, Morocco, Netherlands, Norway, Pakistan, Poland, Portugal, Qatar, Romania, San Marino, Saudi Arabia, Serbia, Singapore, Slovak Republic, Slovenia, South Africa, Spain, Sweden, Switzerland, Syria, Tunisia, Turkey, United Arab Emirates, United Kingdom, United States, Uruguay
TIEA Jurisdictions:
Bahamas, Bermuda, Cayman Islands, Gibraltar, Macau