Malta Company Formation

Taking business operations to suitable overseas locations can be ideal but entrepreneurs need to choose a fitting country. If you want a suitable base for business expansion in the EU, Malta may be a good choice. It may be among smaller countries belonging to this region- but you should look into overall business prospects than sheer size. After the uncertainties triggered by Brexit, a number of entrepreneurs are opting for Malta for venture expansion needs. While this sounds good for your business needs, you may try out our Malta Company Formation services.

While corporate tax in Malta is 35% -this can effectively be brought down to as low as 7% by distributing all profits to a holding company. This holding company may be in places like Cyprus, or Gibraltar. Malta has entered into more than 70 double tax treaties. It has also set up numerous regimes for relief from the hassles of double taxation.

While the minimum share capital amount needed to start a business in Malta is approx €1,165- you need only one fifth of this amount to be kept in a bank account. This makes it easier to start up businesses in Malta compared to any other neighboring nations. Low social security amount and reduced limitations on business expenses also make business expansion in Malta smooth.

When you set up business in a new country or take existing business there, hiring the right employees is a prime need. The educated and multicultural workforce of Malta will be useful in this regard. You will not have much hardship in finding suitable, English speaking employees for your company.  The stable economy of Malta which did not get much affected even during the 2008 recession acts as a major factor in attracting foreign business investments. While all these sound very nice for business expansion purposes, you should check out our Malta Company Formation services.

While companies belonging to diverse sectors have expanded operations to Malta- it is especially suited for those offering gaming related services. However, several financial service companies have also flourished in the country in the last few years.

Despite the pro- business environment in Malta, you may require assistance of veteran agencies for venture expansion in Malta. In this regard, you will not do wrong by seeking services of BRIS group, to know more on our Malta Company Formation services, give us a call today.

• An attractive taxation system -The amount of Malta tax refunds is set at 6/7 of the Malta tax paid by the Malta company.Example: If gross profits amount to €100,000, payable tax amount is €35,000 (35% corporation tax), however the shareholder would be entitled to claim back €30,000 – tax refunds. To be able to claim back 30% of the corporation tax, the shareholders of the Malta company must not be resident in Malta. The same time a company director can be a local person.
• Operational & office running costs are substantially lower than in other jurisdictions
• English is an official language but the workforce is international with a wide variety of languages being spoken
• Company law is based on English company law and conforms with EU directives
• Living costs are considerably lower than the main countries in central Europe
• The good climate and relaxed pace of life makes it an attractive location for expatriates and their families