Corporate services by Doverie Advisory

 Malta is the ideal place to register business. Apart from the breath-taking backdrop of the Mediterranean, Malta boasts a robust regulatory regime and favourable taxation system. 

Based on the vast experience accumulated from assisting businesses, entrepreneurs, HNWIs, private individuals and families with their corporate needs our experts at Doverie Advisory provide comprehensive solutions:

• Company Formation
• Company Redomiciliation
• Company Administration
• Back-Office 
• Directorship and Company Secretarial
• Banking support 

BENEFITS OF SETTING UP A COMPANY IN MALTA 

Lowest effective corporate taxes in EU

The corporate taxes in Malta is 35%, flat rate, which is highest in EU. However, it can be reduced to an effective tax rate of 5-7% by distributing all the profits to the holding company. 

Malta utilises the full imputation system

This ensures that once company profits are taxed at company level, they are not taxed again. To this effect, no further tax is levied in Malta on dividends received from Maltese Companies. 

Malta  allows for the participation exemption 

This applies between parents and subsidiaries, with the effect that no tax would be levied on dividends between the parent and the subsidiary, subject to certain conditions being applicable. A more recent amendment was also introduced, which allows for groups of companies, to be considered as a single fiscal unit for tax purposes, and subject to certain conditions being satisfied, the mechanism for the refund would also not be needed, and the final effective tax would be paid immediately, greatly improving cash flow for the Company. 

Malta boasts one of the most extensive double taxation networks in the world

Malta has more than 70 double taxation treaties with a number of jurisdictions. Such treaties effectively eliminate double taxation in its entirety or significantly reduce it. 

Furthermore, the taxation system adopted by Malta provides for different ways through which double taxation may be avoided, such as the possibility of a Flat Rate Foreign Tax Credit which is deemed as a credit on tax levied on foreign source income applicable even in cases where there would not be any paid foreign tax.