Malta has become an interesting location for companies to consider when they are thinking about options to optimise their tax burden. But the islands are not suitable for every type of business, and in this post I would like to give you some information about the types of companies that could benefit from moving their company to Malta, and what advantages the Malta limited company structure has.
Operating a company in Malta can – if the relevant criteria are met – give you the opportunity to reduce your corporate tax burden significantly. In order to benefit from this it is necessary to move the company operations to Malta. This is where it gets interesting, as this structure is not suitable for every company. For example, you need to consider that the required workforce and services have to be available and that the business can be legally carried out in Malta.
Most foreign owned companies in Malta are in the financial and gaming sector, or generally carry out online business and services. A few years ago the government invested heavily in a fast internet connection to Italy, and this investment has paid off, as Malta offers a very reliable broadband service for companies, which is crucial for a business that is focused on online operation. Depending on the type of company you operate you can find many skilled professionals in Malta, among them also many multi-lingual professionals.
In order to assess if the Maltese Limited company model is suited for your type of business I would recommend you to schedule a personal consultation with out one our partners. We will then be able to tell you if it is possible for your company to save taxes with the Maltese business model and what is needed to do in order to achieve the reduced tax rate.