Is A Malta Limited Still Legal in 2018?
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Is A Malta Limited Still Legal in 2018?

2017 was undoubt­ed­ly a tur­bu­lent year for the whole “tax world”, and not just for us in the law office of Dr. Wern­er and Part­ner. At the begin­ning of the year the Pana­ma Papers (and now in Octo­ber the Par­adise Papers) were set free; leaked. The results of both instances are rough­ly com­pa­ra­ble. There area...

IMF Praises Government Work on Malta
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IMF Praises Government Work on Malta

IMF releases statement praising government work on Malta In a recent state­ment, the IMF praised Malta’s gov­ern­ment work. Sta­ble eco­nom­ic growth in par­tic­u­lar was one of the pos­i­tive out­comes of work well done. Sus­tained struc­tur­al reforms, the strength­en­ing of both the pub­lic and pri­vate sec­tors and a sus­tain­able fight against unem­ploy­ment will lead to pos­i­tive...

Pana-Report Confirmed: Malta is No Tax Haven
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Pana-Report Confirmed: Malta is No Tax Haven

Any­one in the tax indus­try in Mal­ta will have become increas­ing­ly famil­iar with the term ‘tax haven.” Tax havens were wide­ly report­ed on by the media this year, so much so that the crim­i­nal machi­na­tions of a num­ber of busi­ness own­ers have been exposed to the pub­lic. Some of these had actu­al­ly com­mis­sioned the oper­a­tion of...

Malta Listed Under Lonely Planet’s Top 10 Travel Destinations of 2018
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Malta Listed Under Lonely Planet’s Top 10 Travel Destinations of 2018

Haven’t yet figured out your next travel destination? That’s okay, because nei­ther have we. We don’t need to because we’re already there! Why is Mal­ta the next best place for you to vis­it? It’s not just our opin­ion that you should come to Mal­ta, but also the val­ued opin­ion of Lone­ly Plan­et. Every year their...

Why Is Online Shopping Such A Pain In Malta?
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Why Is Online Shopping Such A Pain In Malta?

Christmas time is shopping time! Christ­mas is around the cor­ner! My friends in Ger­many are already pile-dri­ving their way through online shop­ping, and in the mean­time, I must sneak out of work to dri­ve to Tigne Point after work. I might make it to anoth­er shop­ping mall after that (of which there aren’t many over...

Administrative obligations of a Maltese company (limited)
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Administrative obligations of a Maltese company (limited)

Dr Wern­er & Part­ner offer their clients an all-round ser­vice cov­er­ing all indi­vid­ual areas of pro­fes­sion­al exper­tise. In addi­tion to com­pa­ny estab­lish­ment in Mal­ta this also includes ongo­ing sup­port for the Mal­tese lim­it­ed com­pa­ny. The fol­low­ing list is intend­ed to give you a brief overview of the doc­u­ments which have to be sub­mit­ted punc­tu­al­ly to...

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What banks are there in Malta? An overview

Each client of Dr Wern­er & Part­ner who founds an LTD in Mal­ta soon­er or lat­er needs a bank account to guar­an­tee the company’s pay­ment trans­ac­tions. In so doing it is not, how­ev­er, absolute­ly nec­es­sary to open an account in Mal­ta. Thus we have some clients who main­tain their bank accounts with an inter­na­tion­al bank out­side...

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Relocation to Malta: services provided by Dr Werner & Partner

Our arti­cles of the last few days main­ly dealt with the pos­i­tive aspects of relo­ca­tion to Mal­ta. As a pro­fes­sion­al ser­vice provider, we give pri­or­i­ty to the tax­a­tion issues that need to be con­sid­ered. In this con­text, one of the most impor­tant aspects is the fact that with­in some EU coun­tries a dif­fer­en­ti­a­tion is made...

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Creating substance in Malta by means of company relocation

Many coun­tries in the EU and else­where apply reg­u­la­tions based on CFC rules (https://en.wikipedia.org/wiki/Controlled_foreign_corporation). Inas­much as CFC rules are not observed or do not exist, Mal­ta has addi­tion­al­ly con­clud­ed dou­ble tax­a­tion agree­ments with many coun­tries. These cov­er sim­i­lar mat­ters includ­ing: the require­ments rel­a­tive to sub­stance and/or the organ­i­sa­tion of busi­ness premis­es with a view to...