Malta Jurisdiction Highlights
Advantages of Malta's Jurisdiction
The significant advantages of Malta as an international business centre:
- Member of the European Union
- Strategic location at the crossroads of three continents, serving also as Europe's Middle Eastern outpost
- Favourable tax regime
- Liberal foreign direct investment regime
- Simplified administrative procedures for acquiring necessary permits (when required)
- Low set up and operating costs
- Highly qualified, well-educated and multilingual labour force (English being a national language)
- Double tax treaties with 59 countries currently in force (and additional treaties being negotiated)
- Freedom of movement of foreign currency
- Availability of Free Zone Area
- Efficient legal, accounting and banking services
- European standard of living
- Central European Time Zone
- Pleasant climate and agreeable topography
- Excellent telecommunications
- Democratic country with a free market economy
- Political stability
Other benefits of Maltese companies:
- No withholding tax generally levied on outbound dividends interest or royalties;
- No tax on capital gains generally levied on a disposal of shares in a Malta company;
- Absence of CFC legislation, thin capitalisation or transfer pricing rules;
- No exit or entry taxes upon a shift of domicile or residence to or from Malta;
- No wealth or capital taxes;
- Competitive fees for company formation and administration;
- Low capital requirements;
- Strong legal system based on English common law and Continental civil law;
- Access to the EU Parent-Subsidiary Directive and EU Interest and Royalty Directive (no withholding taxes are due over dividend, interest and royalty payments from companies resident in other EU-countries to a Malta company);
- Internet Gaming licenses available;
- Excellent Yacht Registry and VAT solutions available.