Are you considering expanding your business or setting up a new venture in Europe? Malta, with its strategic location, robust regulatory environment, and attractive tax system, could be the ideal destination for your company. In this article, we’ll explore why Malta is a prime location for business incorporation and outline the essential steps and requirements for establishing your company in this European gem.

Malta: A Business-Friendly Haven

Malta has earned its reputation as a top destination for investors and entrepreneurs. Here are some compelling reasons why incorporating a company in Malta is a smart move:

Safe and Regulated Jurisdiction: Malta offers a secure and well-regulated business environment, providing peace of mind to entrepreneurs seeking stability and legal protection.

Taxation Advantages: Despite a nominal corporate tax rate of 35%, Malta’s tax system is exceptionally favorable. It eliminates double taxation of company profits and allows non-resident shareholders to apply for tax refunds on income allocated to the Maltese Taxed Account and Foreign Income Account. This can result in an effective tax rate ranging from 0% to 10%, making Malta a tax-efficient destination for businesses.

Strategic Location: Malta is easily accessible from major European and North African destinations, making it a prime choice for companies considering relocation. It also serves as a center, providing access to the vast European market.

Currency and Language: Malta uses the Euro as its currency and boasts English as one of its official languages, alongside Maltese. This linguistic advantage simplifies communication and business transactions for international companies.

Incorporating a Company in Malta: Step-by-Step

If you’re eager to tap into Malta’s business-friendly environment, here are the crucial steps to follow when incorporating a company in Malta:

Business Structure: Determine your company’s structure. The most common choice is a private limited company (Ltd). Define the shareholders, shareholding structure, director/s, and appoint a company secretary.

Company Name: Choose a unique company name that ends with “Limited” or “Ltd.” Ensure the name is not already in use by another company in Malta.

Register the Company: Prepare and submit necessary documents, including the memorandum of association, articles of association, and proof of identity for directors and shareholders, to the MBR.

Tax and VAT: After registration, obtain a Tax Identification Number from the Office of the Commissioner for Revenue. Apply for a VAT number from the VAT Department to handle Value Added Tax transactions.

Corporate Bank Account: Open a corporate bank account for handling your company’s financial transactions.

Navigating these steps can be complex, especially if you’re incorporating a company for the first time. Consider enlisting the services of a licensed corporate services provider like Fairwinds Management Limited. We can guide you through the entire process, ensuring compliance and a smooth transition into the Maltese business landscape. We are authorised by the Malta Financial Services Authority to provide corporate services and can assist you throughout the entire process.

Incorporating a company in Malta offers numerous advantages, from a favorable tax system to a stable and regulated business environment. By following these steps and seeking expert guidance, you can position your business for success in this European business hub. For more information please view more information together with our latest video on the following webpage here: https://fairwindsmanagement.net/services/corporateservices/malta-company-incorporation/ and contact us for more information +356 2704 0903 or info@fairwindsmanagement.net.

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 brand Accounting Services. More information about us and our key services please visit our website. You may reach Fairwinds Management on +356 2704 0903 or info@fairwindsmanagement.net.

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.