Incorporating a Malta company has never been easier!
Malta is an archipelago in central Mediterranean sea between Sicily and the North African coast and has a population of approximately 450,000. The capital city is Valetta and the local time zone is Central European Time. The official languages for Malta are Maltese and English. As a member of the European Union, it uses the Euro as a currency. The official body responsible for Malta company formation and maintaining records on Malta companies is the Registry of Companies at the Malta Financial Services Authority.
The island of Malta offers an encouraging tax system which is one of Malta’s strengths as an EU financial centre. The Maltese tax system is approved by international institutions and offers the lowest tax rate in Europe. Furthermore, Malta prides itself on having a wide network of double taxation agreements with over 70 other countries, making it an excellent jurisdiction for international tax structuring.
Malta operates a full imputation system under which companies are taxed at a rate of 35%. However, if the company has foreign shareholders, they are entitled to claim tax back, meaning they will eligible for a refund of 30%, which results in an effective tax rate of 5%. Furthermore, dividends paid to non-resident shareholders are not subject to any withholding tax in Malta.
We understand that you may have several questions about Malta Company Formation, so our team have prepared a set of FAQs. Please visit our head-office’s site to read and learn more: www.fairwindsmanagement.net/informative-qa or email us today on firstname.lastname@example.org.