The Republic of Malta is a small island state in the Mediterranean Sea, located in the Maltese archipelago, a full member state of the EU.
Since Malta was formerly a colony of the United Kingdom of Great Britain and Northern Ireland, it has maintained close ties with it till this day.
Malta is an extraordinarily beautiful country and tourism is the most developed field of activity. Thanks to a fairly modern tax system, this jurisdiction is attracting more and more entrepreneurs and their capital to its territory.
Among the most important advantages of registering a company in Malta are the following:
- an offshore company enjoys the same benefits as a resident company
- foreign capital is exempt from paying taxes
- simple registration procedure
- already functioning business may be transferred
- developed banking sector
- full EU jurisdiction
WHAT IS PROFITABLE TO REGISTER IN MALTA
- holdings
- financial institutions
- sea vessels
- online casino
- companies engaged in import-export
TYPES OF COMPANIES IN MALTA
Maltese law allows different types of companies to be formed, such as:
- private limited liability company
- partnership
- trust
PECULIARITIES OF LLC
- confidentiality
- the name shall have some peculiarities
- 2 days are spent on registration, and about 7 days on paperwork
- shared capital shall be formed and depends on various factors
- status of shareholders does not matter
WHAT KINDS OF ACTIVITIES REQUIRE A LICENSE?
- gambling business
- banking services
- insurance services
- investment services
TAXES AND REPORTING
Taxes depend on whether a company is a resident or not, where it operates.
If you would like to know more information about the intricacies of taxation in Malta, please, contact us and get a professional free consultation.
Reports must be submitted every year in accordance with the type of the company.
Registering a company in Malta can kickstart your international business. Our specialists will help you in solving any, even the most complex issues.
