Maltese Companies
Malta became a full member of the European Union as of May 1st 2004.
Malta is an established financial services centre. Legislation which was enacted in late 1994 provides a Regulatory Framework for financial services activities and international business.
Malta provides a number of opportunities for establishing tax efficient structures. Key features include:
- A wide network of Tax Treaties as well as other methods for relieving Double Taxation on cross border transactions;
- Maltese companies with a Participating Holding are attractive vehicles in international tax planning. Currently Malta does not have any CFC legislation. Maltese companies with a Participating Holding are attractive vehicles in international tax planning. Currently Malta does not have any CFC legislation.
Companies pay the normal corporate tax rate of 35%. Tax advantages including exemptions are available for certain types of income.
Advanced Revenue Rulings – Rulings can be obtained in a number of areas where one may wish to avoid uncertainty. Such rulings guarantee the tax position for a period of five years and may be renewed for a further five year period. They will also survive any changes of legislation for a period of two years after the entry into force of the new law.
For further information, kindly contact us and we will be happy to assist you.
