Malta is an ideal country to invest and set up a new business. Throughout the years, the Maltese islands have become the ideal country to invest and set up a business in. When incorporating a company in Malta, one will be setting up a business in a country that offers a safe and regulated jurisdiction. In addition to this, Malta’s taxation system is also another favourable factor to consider as it encourages foreigners seeking to start up a business in an EU country to choose the Maltese islands to do so.
Why is tax considered as a favourable factor? Although tax is charged at 35%, it is important to note that the islands offer an advantegous tax refund system by eliminating the double taxation of company profits. This allows non-residents shareholder to apply for tax refunds on income allocated to the Maltese Taxed Account and Foreign Income Account. This highly advantegous tax system approved by the European Union offers companies to claim tax credits that can result in an effective rate of between 0 – 10%.
Apart from all this, Malta can be easily reached from popular destinations and is an attractive hub for businesses who would like to relocate to another country and benefit from being set up in Malta, an EU financial centre. Other factors why Malta is also a popular hub include that it uses the Euro as a currency while also having English as one of its official languages together with Maltese, its native language. A full list of why you should choose Malta can be read here: https://fairwindsmanagement.net/about-us/about-malta/.
Do you want to set up your business in a country that offers a safe and regulated jurisdiction, but also offers a favourable tax system? Fairwinds Management Limited, as a business solutions provider, distinguishes itself as one of leading firms when it comes to accounting, administration, corporate and legal services. Its professional team can provide a comprehensive, cost-effective services, maintaining a personalised service for each of our clients while offering a high-quality service. For more information about company formations in Malta, or if you’re interested in any other services, you can get in touch with Ms. Joceline Caruana on firstname.lastname@example.org.
Fairwinds Management Limited is a MFSA licensed firm offering Business Solutions in Malta. As part of our services, we offer Accounting, Administration, Corporate and Legal solutions. Fairwinds Management also manages the brands Accounting Services and Admin Genie. More information about us and our key services please visit our website. You may reach Fairwinds Management on +356 2704 0903 or email@example.com.
Article written by Ms Charlene Sciberras, B.A. (Hons), guest writer, a marketing and business administration specialist with a special focus on corporate, accounting, and legal matters.