Starting a Business in Malta
Malta Business Experts
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I'm a 25-year-old English Journalism graduate from Hong Kong looking to work for existing or potential foreign companies in China.I speak fluent English, Mandarin and Cantonese, and have a well understanding about different markets (eg. China, Hong Kong, Australia) due to my international exposure in the past years.Please do not hesitate to contact me by email on email@example.com s
Total Posts: 2 Last post by equity11
Hello,We are a startup registered in India into Software business for Tourism Industry.We are looking at registering and expanding our services to Canada.Need advise on how to go about it.Thanks
Total Posts: 3 Last post by equity11
Starting a Business in Malta
“Malta’s business legislation and tax systems are considered amongst the most favourable in Europe and this is supported by its strategic location straddling the busiest shipping lanes in the Mediterranean. Malta has a strong financial services sector, and a thriving on-line gaming industry. Ongoing strategies include specific targeting of knowledge economy sectors including financial services, information technology companies, research and development, and high end manufacturing.” UK’s Foreign & Commonwealth Office; 2012 We couldn’t have said it better ourselves! Following its accession to the European Union in 2007, Malta has weathered the global economic downturn - maintaining A or A+ status in the major economy indexes. Historically, Malta has always boasted low employment, and its multi- lingual labour-force is characteristically productive. Needless to say, the weather's quite appealing too.
With one of the lowest effective corporate tax rates in the EU – 0-5% and low personal income tax rates, Malta is positioning itself as being a premier financial & business centre.
Business Start – Up Facts
No license or permits are needed for non – regulated business activities. Regulated activities would cover financial or insurance services, or normally regulated professions – for example medical or pharmaceutical activities. By far the most common vehicle for both trading and holding companies is the limited company ‘Ltd’. As the Malta Company Act is based on the UK Companies Act – the requirements for incorporation and maintenance are mostly the same as those in the UK. Sole traders & partnerships are also common. As a full member of the EU, no residency permits are required for EU citizenships. For non EU citizens, there are a number of residency options available.
- Standard & Poor 2012 Rating: long-term sovereign credit A-; short term rating A-2.
- Moody, Sept 2012 Government Bond Rating: A3
- Fitch:, Sept 2012 Short-term IDR at 'F1' and Country Ceiling at 'AAA
- GDP €6.4 billion
- GDP Growth 2.9%
- GDP per Capita €15,300
- Inflation rate 1.5%
- 12th soundest banking system & 15th position in Financial Market Development (World Economic Forum’s Global Competitiveness Report 2011 – 2012)
- Single financial services regulatory body; MFSA
Mixed common & civil law system – corporate, commercial & trusts laws based upon UK statutes
Euro - please use the currency converter located on the site.
Maltese & English are co-official national languages.
Typically Mediterranean: hot, dry summers; warm, occasionally wet autumns; short, cooler winters.
Temperatures are seasonally consistent, and average around 18 degrees centigrade.
Flight times UK - 3; Frankfurt - 2, Dubai - 7
Organisations that can assist with Starting a Business
Papilio Services Limited is a leading independent Maltese service provider with a focus on corporate, residence and tax advisory services to private clients and businesses worldwide. We provide holistic tailor made solutions for persons or businesses wishing to set up business in Malta.
Whether you are entering a new market and have yet to establish a business entity, or you have been in a country market for some time; whether you have one worker or thousands of employees, SafeGuard World International can help. We can support you during every stage of your journey with global payroll, contingent labor, global recruitment and a variety of multinational HR consulting and professional services.
We do payroll there. We can do it anywhere. Many companies with global employees find that payroll can be a stressful part of doing business overseas. Finding a reliable payroll company, faxing and emailing multiple payroll spreadsheets each month, and treasury management are just some of the obstacles
Worldbox is a long-established and trusted provider of business, due diligence and credit information.
Finding office space abroad poses one of the most difficult changes that many start-ups face. Location, costs, and transport all need to be considered. And, more crucially of all, what office will allow a new business to attract and retain the best staff?
Caught out by Brexit? Concerned about Trump’s unpredictability?
TBA & Associates – Tax Business Advisors Ltd is a leading provider of Tailor-made solutions for wealth preservation and Tax efficient structures To facilitate cross-border transactions
Sovereign offers a range of advisory and support services to assist companies of all sizes to establish successful business operations in foreign markets.