Here is a press release from my friends at the international law firm of Mossack Fonseca on the opportunities offered in Malta.

We are excited to announce the addition of Maltese Companies to our European product catalog!  Malta has today gained international recognition as an excellent jurisdiction for international business. With attributes based on cost, tax and human resources effectiveness it provides operators with an EU-compliant, yet flexible domicile. During the past four decades, Malta has notched up an impressive record in attracting foreign investors as it can offer exceptional advantages in various sectors which include Financial Services, ICT, Electronics, Knowledge Centre/Back Office Services, Generic Pharmaceuticals, Oil and Gas, Maritime, Training and Education, Aviation and the Digital Industry.

Being a full member of the European Union since 2004, Malta has a civil law jurisdiction, with a strong British heritage. This jurisdiction adequately provides a balanced political, economic and fiscal climate for clients interested in setting up companies in the European Union. Malta enjoys an extremely favorable tax regime, with a variety of tax exemptions and low rates for both trading and passive structures alike. It has also concluded more than 60 double taxation treaties to date.

Through a tax regime that imposes a 35% corporate income tax rate on all companies, this jurisdiction complies with international taxation standards; however, a system of tax refunds that depend on the activity being carried out, enable a shareholder to receive a refund of the tax paid at company level upon a dividend distribution, and achieving a very low effective tax rate, which is the lowest that can be achieved for certain activities within the EU.  An extremely advantageous participation exemption regime also complements this jurisdiction’s features.

Please find attached our promotional material for this new jurisdiction and in case you have any questions, please feel free to contact your local Mossack Fonseca office or email us at malta@mossfon.com.

Malta offers a perfect combination of culture, nice weather and an excellent business environment, which is yours to explore!