When operating a company it is becoming more and more important to consider the available options to save taxes. The countries in Europe are able to set their own corporation tax rates and manage their own tax laws. This makes it particularly interesting for some companies in Europe, as freedom of movement and being able to offer services to all other European countries without restrictions is an attractive prospect. Moving the company operations to another country might save a lot of money, but it is not an option for every company. Whether or not it is a good option for your company depends on the type of business that is carried out.
When thinking about saving taxes, one thought that springs to mind are offshore letterbox companies. But these are not what I am talking about in this article. I am talking about a legally sound company structure that can enable you to save corporation tax by moving your company operations to another country. It is crucial that the company is not just a letterbox company.
The island nation Malta offers an interesting company model which can enable companies to get a refund of the corporation tax if certain criteria are met. But first, every company that is registered in Malta has to pay a corporation tax of 35%. This is one of the highest tax rates in Europe. Our legal office in Malta can help establish a company structure with a Maltese Limited company so that your company can get a refund of 6/7 of this corporation tax. It is important that all criteria are met, and the necessary documents are handed in on time and without errors, otherwise you might not receive the refund.
You are welcome to contact our offices for a personal consultation regarding our company incorporation services in Malta.
