LAW FIRMS DIRECTORY

Paid Advert

Law | Business | Finance TaxEuropeanImmigrationEmployment | PropertyTechnologyMaritimeLegal-Malta Pages


 

MALTA INTERNATIONAL TRADING COMPANIES

The Maltese Islands are a full EU member state since May 2004 and further to recent legislative changes, Malta Companies are EU compliant and EU approved.  This renders the Maltese company an excellent vehicle for international business, investment and financial services. Malta by far provides the most advantageous environment for European onshore business and investment, providing a favourable business and tax environment for shareholders of Malta registered companies. [more on Malta's company tax refunds]

1996 - 2006:  International Trading & Holding Companies

Before 1st January 2007, Maltese law allowed the formation of International Trading Companies (ITCs) and International Holding Companies (IHCs) which restricted the tax advantages of Malta companies to non-resident shareholders.  Maltese Income Tax legislation has been updated to remove the discrimination between local and non-resident shareholders and these changes have been approved by the European Commission.

Pre-1996:  Malta Offshore Companies

Prior to 1996, Maltese law admitted two basic forms of corporate structure which were available to non-residents who wished to register a Maltese company for commercial or asset trading purposes. These were [i] the onshore company with an issued share capital of Lm10,000 (USD25,000) and [ii] the low-tax (5%) offshore trading or zero-tax non-trading company.

In 1996, the offshore regime was transformed into a new onshore regime. Malta adopted a new Companies Act and amended the Income Tax Act to create the International Holding Company (IHC) and the International Trading Company (ITC). These are normal Maltese onshore companies taxed on a worldwide basis at the normal corporate tax rate (35%) and are therefore not perceived to be tax avoidance structures.  Significant tax savings can be achieved by refunds received by non-resident shareholders bringing the overall tax liability down to 4.17% and in some cases to 0%.

Links:

 

 

  

LM Laws of Malta Laws of Malta

LM Laws of Malta Court Judgments

LM Laws of Malta Our Legal Guides

 

Malta Stock Market Report

Government Tenders

MEPA Planning Application Status check

eLicences

Exchange Rates

Currency Converter

Current Time in Malta

Weather

Search the Web

Government Depts

Telephone Directory

Featured Links

Business Centres Directory

Law Firms Directory

Company Formation

Trustees Directory

 

Add to Favourites

Make L-M your homepage

BACK | ABOUT US | CONTACT US | ADVERTISE | LINK TO US | SUGGEST A SITE | RATE US | VOTE FOR US | TOP

Terms & Conditions | Privacy Policy | Web Design by Accreda Ltd  © 2001-8 LEGAL-MALTA.com

. . .