Company Formations in Malta
Interesting facts about and general conditions for Company Formations in Malta
Malta is a tiny island in the Mediterranean Sea near Sicily. The weather is nice (320 sunny days in a year), the island enjoys a growing expat community, and the tax framework is complicated but competitive.
Furthermore, if living in a hot spot is not required, one can enjoy reasonable living costs and low housing costs. Hence, numerous international companies are already doing business in and from Malta. More and more firms and entrepreneurs are hearing about the benefits of company formations in Malta and setting up subsidiaries and branches on the Mediterranean island.
After some years of turmoil, the banking sector fully recovered, and newly formed companies may obtain bank accounts at Internet banks or local banks.
Our internationally experienced and highly qualified lawyers and tax advisors will review your company structure and existing management or mandate contracts. We also offer a review of your contractual arrangements at home and abroad. In addition, our tax and accounting department will be pleased to take care of your bookkeeping and tax returns.
Why not consider partnering with us? We offer competitive company formations in Malta at a fixed price of 2.480,00 € net. Our services are not only affordable but also efficient, reliable, and delivered in your native language. Whether you prefer to communicate in German, English, French, Czech, Slovak, Greek, or Russian, we’ve got you covered!
Ideal Tax Framework for Holding Companies
Before Malta joined the European Union, the former “offshore” regulations were abolished. Thus, Maltese legislation today fulfills all relevant EU standards, regulations, OECD standards, the FATF, and the FSF.
Maltese companies are recognized throughout the European Union as EU companies with an extensive Tax Treaty Network. This circumstance is used mainly by holding companies. Nowadays, Malta has one of the most favorable tax regimes and competes with Cyprus, Ireland, and the Netherlands within the EU or with the UK as a non-EU jurisdiction. Regarding fund formations, Malta competes with Luxembourg at a split of the cost but has a lower reputation.
Why not speak to us about the advantages of a holding structure?
What you need to consider
A long-term stay in a country for more than 183 days will usually (and automatically lead) to an unlimited tax liability for your world income. Some countries go even further and already assign this tax liability if you can permanently use your apartment (this can even be the room in your parent’s house or a regularly visited hotel), which you can access with your keys – known as “Schlüsselgewalt” in German-speaking countries. This rule establishes or maintains an unlimited Tax liability for your world income. If this subject interests you, you may learn more about it on our dedicated website for Taxation.
The often cited and, in general, used “183-Days Rule” is not entirely correct. It can only be used to a limited extent, as few countries (Germany) consider a personal tax liability if one spends more than 183 days within the country in two consecutive years spanning two tax periods.
Therefore, one can only advise people interested in relocating their place of residence not to rely on start-up agencies and other jokers—the pitfalls are simply too great, and sound advice is required. A few advisors (specialized lawyers, accountants) study tax law for years, while others do a weekend seminar or attend Google University—where do you feel better off?
What’s on offer on the internet is fantastic. Believe us – there is no point in having no tax residency/residence anywhere. If in doubt, you never gave up your original tax liability (in your country of birth) or are automatically subject to tax through your passport.
If you have plans for company formations in Malta, speaking about your relocation in detail makes sense.
TOP Jurisdiction for EU Residence
Malta, however, offers ideal conditions for a tax residence. To obtain a tax residence, one must stay more than 183 days in Malta. With close links to other European countries, good flight connections, and travel times of roughly two hours into the center of Europe, this is an ideal place to conduct business of any kind.
Of course, you cannot stay in any other country for more than 183 days, which would trigger an unlimited tax liability there. This concept is, therefore, ideal for everyone who can live and work flexibly (e.g., digital nomads).
You can rely on well-founded and legally sound advice if you come to us. Together, we will find your ideal life concept.
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