Incorporation of Company
Malta has been a member of the EU since 2004.The corporate tax rate in Malta is 35 % but the law provides for a tax refund. After the financial statements are filed, the tax to the government is paid and a decision on the profit distribution is taken by a company, the shareholders receive a tax refund in the amount of 6/7 of the amount paid, which results in an actual tax rate of 5%. The tax refund is made within 2 months on average.
Malta’s tax system is one of the most favourable in the EU. Along with the actual corporate tax rate of 5%, the income received as a capital gain or dividends are fully exempt from taxation. The conditions for these types of income to be exempt from tax (Participation Exemption), is that a Maltese company must hold a capital share in a foreign company of not less than 10%.
Moreover, in Malta there is no withholding tax on the repatriation of dividends, interest or royalties, regardless of the country they are paid to. Losses from previous years may ported forward and be deducted from profits of the subsequentperiods without time limitation.
|Principal Corporate Legislation:||The Companies Act, 1995 as amended.|
|Type of Law:||Civil.|
|Language of Legislation and Corporate Documents:||English|
|Type of Company for International Trade, Investment & Tax Planning:||Private Limited Liability Company.|
Cost of Formation: Request a quotation
Card PMT provides the following services in Malta:
- Maltese Company Formation
- Registered Office Services
- Company Secretarial Services
- Nominee Shareholder/Nominee Director
- Opening of Bank Accounts
- Full Company Administration Services
- Mailing Address
- Virtual Office
- Book Keeping & Audit
- VAT Registration
- EORI Registration
- Trademark Registration
Please contact us for your free initial consultation.
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Please contact us for additional information about incorporation of companies in other offshore jurisdictions.