Offshore company formation in Malta
Maltese Offshore Activities
Open an offshore company and bank account in Malta for a number of advantages.
A limited liability company may be incorporated in Malta for the purpose of carrying on any activities in Malta or internationally, and whether such activities are of a ‘trading’ and/or ‘holding’ nature.
In terms of Maltese law, a company that is incorporated in Malta is deemed to be ‘ordinarily resident and domiciled’ in Malta for tax purposes and would be taxable on its income and chargeable gains in Malta on a worldwide basis, irrespective of where its management and control is situated.
TAX
Maltese Tax
There is 18% VAT legislation in Malta. Therefore, all invoices to Maltese companies have to have 18% added to them.
Withholding tax – Malta does not levy withholding tax on dividends paid to shareholders, which is a nice feature for international business people.
Malta signed double tax treaties with
- Albania
- Astrualia
- Austria
- Bahrain
- Barbados
- Belgium
- Bulgaria
- Canada
- China
- Croatia
- Cyprus
- Czech Republic
- Denmark
- Egypt
- Estonia
- Finland
- France
- Georgia
- Germany
- Greece
- Hong Kong
- Hungary
- Iceland
- India
- Ireland
- Isle of Man
- Italy
- Jersey
- Jordan
- Korea
- Kuwait
- Latvia
- Lebanon
- Libya
- Lithuania
- Luxembourg
- Malaysia
- Montenegro
- Morocco
- Netherlands
- Norway
- Pakistan
- Poland
- Portugal
- Qatar
- Romania
- San Marino
- Serbia
- Singapore
- Slovakia
- Slovenia
- South Africa
- Spain
- Sweden
- Switzerland
- Syria
- Tunisia
- UAE
- United Kingdom
- United States of America
TAX
Tax in Malta
The principal tax and other fiscal incentives may be outlined as follows: Companies are chargeable to tax in Malta at a rate of 35% (no tax is levied at the provincial or municipal levels). However, the application of the participation exemption, full imputation system and refund system typically result in an effective Malta tax rate of approximately 0% to 5%
What are the steps to forming a Malta company
- Name of the company (2-3 names)
- Utility bill as proof of address (electricity, telephone, etc.)
- Personal CV
- *The agent reserves the right to request an additional document
- Copy of the passport (certified with Apostille)
- Reference letter from the bank plus 3 months bank statements in the individual's own name.
- Professional reference letter from an accountant lawyer or notary stating that he has known the person for at least three years and that the person in question is a person of good standing
If the immediate shareholder is a company we then request the additional documents
- M&A
- Certificate of good standing
- Director s and members list
- Certified true copies of passports of directors
- Latest audited financial statements
Opening an offshore bank account
PRICING
Price List
| 3890 EUR | Opening fee |
|---|---|
| Apostille certification of all documents | |
| Government Incorporation fees* | |
| Use of Registered Office | |
| Courier mail |
| 2000+18% VAT | Registered office |
|---|---|
| Annual Renewal of Registration | |
| Filing of Income Tax return (Tax Compliance) |
Find out more what we can do for you…
What our clients say
Call us and we will start the process of opening a company today or schedule a consultation if you have any doubts
