Throwback for Dr. Werner & Partner: 2017

Thank you, 2017

The end of the year is speed­ing in on us, and once again we are faced with the oppor­tu­ni­ty to reflect on what has passed. 2017 what a busy year, just like the year before, and the year before that … One of our main client bases is made up of entre­pre­neurs and who are relo­cat­ing to Mal­ta. The found­ing of a com­pa­ny means that the real grind is only just begin­ning for us. It is a long process to source. To com­pli­cate mat­ters fur­ther, it is usu­al­ly the case that open Mal­tese bank accounts for our clients, so we must adhere to strict bureau­crat­ic admin­is­tra­tive guide­lines. And so, while our client is so rel­ish­ing his time in the sun, we are con­tin­u­al­ly tak­ing care of the paper­work involved in mak­ing all this pos­si­ble.

Panama Papers, Malta Papers and Paradise Papers leaked

How­ev­er, 2017 was a par­tic­u­lar year in the cov­er­age of var­i­ous degrees of tax leak­age was at all time high. In addi­tion to the Pana­ma Papers, the Mal­ta Papers and more recent­ly the Par­adise Papers have become the focus of pub­lic cov­er­age. It’s true that the array of legal prin­ci­ples in the law do not always mix well when com­bined with the biased cam­era angle of a reporter. But although many of the inci­dents were not report­ed as black and white as soon as pos­si­ble, I find the sta­tus against ille­gal tax fraud some­thing to cel­e­brate. It is true that there is a cer­tain amount of com­pe­ti­tion. Con­sid­er them a bench­mark between what is wrong and what is right.

Our stance on this is firm: we assure our clients and poten­tial clients. This some­times means we reject a large per­cent­age of our poten­tial client-base. One can not expect to run a Mal­tese com­pa­ny from Ger­many and still expect to receive all the same ben­e­fits.

Come to Malta in 2018

There are a lot of things to do in Mal­ta. Due to the increas­ing of dig­i­ti­za­tion in the econ­o­my, the loca­tion of a cor­po­ra­tion has decreased in impor­tance. It is pos­si­ble nowa­days to work from any­where in the world. So why not work in a Mediter­ranean Sea, where the water is beau­ti­ful, and the sun shines for over 300 days a year? We hope you will join us as we step into the excit­ing new year of 2018!

About Philipp Sauerborn

In 2005, Philipp Sauer­born joined the firm of St. Matthew in Lon­don, one of the lead­ing Ger­man account­ing firms in Eng­land renowned for its exper­tise in cor­po­rate, com­mer­cial and tax law, as a depart­ment head. After three years, he was a part­ner and man­ag­ing direc­tor.
Towards the end of 2011, he decid­ed to move to Mal­ta, where he first worked at inter­na­tion­al law firms and con­sul­tan­cies in an employed and con­sult­ing capac­i­ty. Since the begin­ning of 2013, he has been a senior employ­ee at Dr. Wern­er & Part­ner. Mr. Sauer­born is cur­rent­ly com­plet­ing his ADIT -Advanced Diplo­ma in Inter­na­tion­al Tax.

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