19th May 2021
Malta is an island country in the heart of the Mediterranean Sea. It has a developed tourism industry and is a popular banking center and international business registration place. On May 1, 2004, the Republic officially became a member of the European Union. Entrepreneurs from all over the world are attracted by the favorable Maltese taxation and lenient requirements for doing business.
Setting up a firm in Malta can bring considerable benefits and provides a means for the judicious distribution of business profits. Also, among other advantages of Maltese incorporation, there are regulations allowing to avoid double taxation.
With an impressive portfolio of incorporation around the world, Clevver has mastered how to open up a business in a variety of countries in the fastest and most efficient manner. We will guide you through the entire process of registering a Maltese company, helping you to get rid of the unnecessary bureaucratic and legal hurdles that entrepreneurs often face when setting up a company in Malta.
The Clevver company offers the best solutions to make the online incorporation process in this jurisdiction as simple, fast, and easy as possible for our clients. Visit our site to learn more.
According to the law, a company registered in Malta, or its governing body (head office), is located in the country and the company itself carries out activities abroad — it is considered as a resident of the Republic of Malta and must pay taxes.
Here are the basic taxes Maltese companies are obliged to pay:
Though there is a possibility to lessen this tax burden. Non-resident shareholders who receive dividends may claim a tax refund on dividends. The tax refund occurs within 45 days from the date of payment of dividends from taxable sources.
The current regular rate of VAT is 18% (reduced rate of 7%, 5%, 0% applies in strictly defined cases). Value Added Tax is levied on goods and services sold within the country and imported from countries outside of the European Union.
The tax is levied on capital growth by increasing the indicator of non-current assets, added to other income of the company. The tax rate is 35%.
Company registration in Malta with Clevver is a well-structured procedure with no room for blunders or ignorance. Our highly qualified specialists provide entrepreneurs wishing to register their business in the Republic of Malta with comprehensive advice and constant support.
Company formation in Malta does not require the client's personal presence, Clevver's legal experts will do everything remotely and provide the necessary documentation in digital form.
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With the adoption of a legislative framework regulating cryptocurrencies, ICOs, and related activities, Malta has become a premium hub for Financial Technology and has even been named Blockchain Island. For those who are interested in ICOs in Malta, we are ready to provide legal consultations and appropriate services. Contact us to learn more.
Malta is a promising country in the Mediterranean Sea, located between Europe and Africa. The Republic of Malta can safely be called a promising jurisdiction for entrepreneurship. This is due to the political stability of the Mediterranean island-state, its well-developed and structured finance and tax systems, and a high level of economic growth. Maltese company owners can benefit greatly from the country's stable economy and favorable business environment.
Our team provides support in the remote registration of a company in Malta. We eagerly advise you on related issues arising during the incorporation process. You can start the formation of your Maltese business entity right now!