Whoever wants to be successful with their company in this world must be well-positioned in the international market. A legitimate question for every entrepreneur is then where to establish the company, and what different locations have to offer.
Today, I do not want to talk about the tax benefits of a company registered in Malta. Instead I would like to talk about both the geographical and the cultural advantages of the island for companies registered here.
Using the cultural heritage as an advantage for the location
Larger companies usually employ a Diversity Manager who deals with the diversity of employees, and determines how to use this as an advantage within the company strategy. Personally, I find that Malta seems like one large company. There are different operators that are responsible for their own areas (tourism, language courses, industry, etc). In the end, it is their interactions that make the country work. Malta has a long and rich history and the Maltese are very proud of it. This can be used as an advantage. The Maltese people are not biased, but very open to other cultures. The complex history has probably helped the development of diversity that a company can take advantage of.
The gateway to Africa, but still in Europe
One of Malta’s key advantages is that it is in Europe – only 70km off the shores of Italy – but also very close to Africa. Malta has taken on a mediating role during the recent years of political unrest on the African continent. Malta could be a good choice for a company that wishes to be in Europe, but also physically close to Africa or the Arabian territories. These offer many opportunities for growth, and also have vast capital resources.
Perks of having a company in Malta
There are many benefits that speak for having a company in Malta. It is not only the warm climate and the unique nature. The country is also suitable for companies who want to reduce their tax burden and benefit from EU legislations. With an effective tax rate of only 5%, it is possible for a company to save significant costs.
