FISCAL BENEFITS FOR FOREIGN REGISTERED
INDIVIDUALS & COMPANIES
Malta registered companies are subject to a tax rate of 35%. However, non-resident shareholders enjoy fiscal benefits as Malta’sfull imputation system of taxation caters for extremely beneficial tax refunds.
- Trading income – shareholders can apply for a tax refund of 6/7ths of the tax paid by the company on its trading profits through which dividends are paid. The result is an effective tax rate of 5% on trading income.
- Passive income – shareholders can apply for a tax refund of 5/7ths of the tax paid by the company on its passive income through which dividends are paid. The result is an effective tax rate of 10% on passive income.
Companies in Maltaare all onshore and thus Maltaoffers great fiscal incentives without risking being blacklisted as an offshorehaven.
A company formed and registered outside Maltacan apply to the Registrar of Companies to be re-domiciled here, subject to thefollowing documents, amongst others-
· The resolution or equivalent documentation fromthe foreign company authorising it to migrate to Maltaand a certified translation in English.
· A copy of the revised constitution of thecompany.
· A Certificate of Good Standing issued by acompetent authority in the foreign jurisdiction.
· A list of the directors of the company and thecompany secretary.
About Malta - click for more
