Choosing Malta for you business operations can be a good choice, but it depends on what type of business you are operating, and what the reasons for the move are. Malta is located in the heart of the Mediterranean, very close to Sicily and also near the African continent. In recent years, the island has gained a reputation as being some sort of a tax haven for foreign owned companies. While this is true for some companies, it is not the case for every company.
The 6/7 tax refund
One of the main reasons why business operators choose Malta as a location for their business is the possibility of getting a tax refund of the corporation tax. Generally, all companies in Malta have to pay 35% corporation tax. However, if the company is owned by a foreign shareholder or a holding company, it is possible to get a refund of 6/7 of the corporation tax, achieving an effective tax rate of only 5%. However, it is important to follow the correct procedures and to establish the companies correctly. If not all the requirements for the refund are met, it will not be issued.
A strategic location offering great connections
Malta is the smallest country in the European Union. However, their location in the Mediterranean might seem a bit isolated at first glance, but once you take a closer look, you will find that the Malta International Airport offers a lot of regular connections to many cities and capitals in Europe. This is especially handy for business people who have to travel frequently. Overall, the close proximity to Italy and Africa, as well as the extensive flight network ensure that Malta is constantly connected with other European cities which provides for a strategic location for a business.
If you would like more information about Malta as a business location, or you are interested in moving your business operations to this beautiful island, you are welcome to contact the o
