MALTA COMPANY INFORMATION
Malta became a member of the EU on 1st May 2004 and is therefore an attractive jurisdiction with low taxation for non-resident taxpayers.
For a full copy of our datasheet please do not hesitate to contact us on telephone number +350 200 76651 or simply click here to email us.
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ADVANTAGES
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- Malta is a Member of the EU and is therefore considered a respected jurisdiction
- Extensive Double Tax Treaty Network (DTR) and unilateral tax relief (UTR) provisions and a system of flat rate foreigh tax credit (FRFTC) ensures that overseas income is not subject to double taxation
- Non resident shareholders of Maltese companies are entitled to certain tax refunds paid by Maltese companies carrying out international trading activities or holding investments situated outside Malta
- Advanced Revenue Rulings issued by the International Tax Unit provide certainty and a guaranteed tax position for the commercial operator
- Maltese companies incorporated after 01/01/1995 are considered as being resident in Malta irrespective of the place of management and control
- VAT registration is quite expeditious
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CORPORATE LEGISLATION SOURCE
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Companies Act 1995
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COMPANY STATUS
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Trading Company
Holding Company
Shipping Company
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USUAL MINIMUM CAPITAL
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LM500 or its equivalent to be held in a local bank account (20% minimum paid up)
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COMPANY NAME
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Prior approval required
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TIME TAKEN TO INCORPORATE
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Trading Company: 3-4 days
Holding Company: 3-4 days
Shipping Company: 1-2 days
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ARE SHELF COMPANIES AVAILABLE
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No
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