Blockchain Client of Dr Werner & Partner
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Blockchain Client of Dr Werner & Partner

We are pleased to announce that Dr Wern­er & Part­ner could onboard a new client, whom we will advise and assist in migrat­ing an exit­ing busi­ness case onto the blockchain, to imple­ment vir­tu­al / cryp­to cur­ren­cies as pay­ment meth­ods online and to mar­ket the busi­ness mod­el through an ini­tial coin offer­ing (ICO, Tok­eniz­ing). Our client...

Controlled Foreign Corporate Taxation of Maltese Companies in Germany
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Controlled Foreign Corporate Taxation of Maltese Companies in Germany

Ques­tions as to which tax­es and inter­na­tion­al­ly oper­at­ing com­pa­ny must pay in which coun­tries are not easy to answer. In our dai­ly work at the law offices of Dr. Wern­er & Part­ner, an increas­ing num­ber of com­pa­ny own­ers are approach­ing us with the desire to move their com­pa­nies to Mal­ta in order to save tax­es....

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...

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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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...

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Four arguments against establishing a Malta Limited in Malta

At Dr Wern­er & Part­ner, we look after clients from all over the world who are seek­ing tax advice in Mal­ta or are con­sid­er­ing estab­lish­ing a com­pa­ny here. In a grow­ing num­ber of cas­es, how­ev­er, we do not advise estab­lish­ing a com­pa­ny, or at least rec­om­mend a dif­fer­ent set-up from what was orig­i­nal­ly envis­aged. The...

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Taxes in Malta — Incentives for companies, individuals and yacht owners

Mal­ta is not only a hotspot for tourists enjoy­ing the sun and the pris­tine waters of the Mediter­ranean, it is also becom­ing a pop­u­lar loca­tion for com­pa­nies to set­tle their busi­ness there, and for peo­ple mov­ing to Mal­ta to save income tax. The gov­ern­ment offers sev­er­al fis­cal incen­tives for busi­ness­es and indi­vid­u­als alike. Cor­po­rate tax...

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Number of registered companies in Malta now nearly 70,000

I have men­tioned in pre­vi­ous posts that more and more com­pa­nies are set­tling their busi­ness in Mal­ta, and that we are get­ting more requests from clients who are inter­est­ed in find­ing out more about the Mal­ta com­pa­ny mod­el. The finance min­is­ter of Mal­ta, Edward Sci­clu­na, has now stat­ed that the num­ber of reg­is­tered com­pa­nies in...