September 3, 2020
Malta
The Republic of Malta is a densely populated archipelago, located in the center of the Mediterranean, to the south of Italy, east of Tunisia and north of Libya. Malta is a former British colony, and currently a member of the European Union and the Commonwealth. It has about half a million inhabitants.
Its capital is Valletta, although its most populated urban center is Birkirkara, with over 22,000 people. Its official languages are Maltese and English. Since 2008 its legal tender currency is the Euro (EUR).
Malta is strategically located in the center of the Mediterranean Sea at a crossroads between Europe, North Africa and the Middle East. Its economy depends mainly on tourism, foreign trade, serving as a trans-shipment port for ships, manufacturers, especially electronics and textiles, and on its developed ICTs and financial clusters. The country produces only 20% of the food it consumes. It also has limited reserves of fresh water and does not have its own sources of energy.
Malta is the jurisdiction chosen by a large number of international companies and holding companies, to establish their headquarters and do business in the European Union. Although its standard corporate tax rate is 35 percent, in practice there is a system of tax credits and refunds for shareholders reducing the figure to effective tax rates of between 0 and 10 percent. Malta also has an approved EU citizenship by investment program, where it is possible in a period of 12 months to be granted as Maltese citizen, through a contribution to the National Development and Social Fund, among other requirements.
At Flag Theory, we’re here to help you during every step of your internationalization and structuring plans, and are constantly researching the best global locations to increase your privacy, freedom and wealth.
If you want to set up a company, open a bank account, immigrate and/or obtain residency permits in Malta, you can view some of the articles and more information about the country below, or get in contact with us directly for a free private consultation.
February 17, 2020
The present and the future of Territorial Tax countries
August 15, 2019
What to consider when structuring an E-commerce Business
June 11, 2019
Structuring and Taxes for Companies Doing Business in the EU
May 28, 2019
Initial Exchange Offerings (IEO) for Token Issuers and Crypto Exchanges
May 20, 2019
Where to set up an Intellectual Property Holding Company
May 2, 2019
How to protect and structure an Intellectual Property Business
March 11, 2019
Where to set up a Holding Company
March 4, 2019
What you should consider when setting up a Holding Company
February 21, 2019
International Tax Landscape shake-up for Multinational Businesses
December 5, 2018
Where to set up an International Business – Part 4: Europe
October 19, 2018
Where to set up a Tokenized Fund
August 31, 2018
Where to set up a Crypto Exchange – Part 3: Europe
August 15, 2018
Where to set up a Crypto Exchange – Part 1: The Fundamentals
July 5, 2018
What Malta Crypto regulations mean for ICOs and Exchanges
April 27, 2018
Where to start your cryptocurrency business
March 11, 2018
Where and how to open an international bank account
March 9, 2018
What is the best offshore jurisdiction?
March 7, 2018
What you should consider when designing your Offshore Strategy
March 6, 2018
Where you can establish your tax residency to legally reduce your tax bill
April 1, 2017
The world’s best countries to retire in
February 21, 2017
Complete List of Tax Free Countries for Personal Residency in 2017
February 12, 2016
Dual Citizenship: List of Countries that Recognize it And Those that Don’t
February 11, 2016
Citizenship by Residency
February 8, 2016
Immigration with a Family
May 9, 2014