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Are you looking to expand your business into a new jurisdiction? Then look no further than the beautiful Mediterranean island of Malta!

With its low corporation tax rates, excellent infrastructure, and favourable business environment. Malta is the perfect destination for any business looking to make their next big move. The Maltese business climate is vibrant and diverse, making it the ideal place to create a successful venture.

Furthermore, Malta boasts double taxation treaties and an attractive tax system that make it an appealing jurisdiction for multinational companies.

In short, there is no better place to establish a new business than in Malta.

Favourable business environment

Malta boasts a favourable business environment for all types of businesses, whether you’re starting up or looking to expand your international business operations. The country offers a super-fast and easy registration process, which can save businesses a lot of time and hassle. This streamlined process means that you can have your company up and running in no time. So you can focus on growing your business.

Overall, the favourable business environment in Malta, combined with the low corporate tax rate, makes it an excellent choice for companies. Whether you’re an entrepreneur or a multinational corporation, Malta has a lot to offer. It’s definitely worth considering as your next business move.

 

Multicultural environment

Aside from Maltese being the official language, English is also a very common language, making it an ideal location for international business. If you know and understand either of these languages, you will be sure to make easy connections in Malta.

In addition, people come from all over the world to create a business in Malta. This has resulted in a welcoming and open environment where ideas and cultures are celebrated. You will be able to connect with a network of individuals from various countries, and gain valuable insights into different ways of doing business.

Being part of a multicultural environment means that you can learn from and understand different perspectives and approaches to business. This will help you to create a more dynamic and well-rounded approach to your work. Furthermore, this diverse community fosters a welcoming and accepting culture, which will make your stay in Malta even more enjoyable.

 

Attractive tax system

Malta offers a very low corporation tax rate of just 5%, which is one of the lowest in the European Union. This makes it a very appealing destination for companies looking to reduce their tax burden.

However, it’s important to note that maintaining a business abroad can be challenging. For this reason, RHJ Accountants recommends setting up a business in Malta only if you earn profits above 175k. This will ensure that the tax benefits will truly be beneficial to your company.

Our team of qualified, international accountants can reassure clients that the 5% corporation tax rate is legitimate. RHJ Accountants wouldn’t want you to put your business at risk, and we would not want to be impacted either. So we can confirm that 5% corporation tax in Malta is legit!

 

Double taxation treaties

One of the biggest benefits of setting up a company in Malta is the country’s extensive network of double taxation treaties. Malta has signed over 70 of these treaties with countries around the world, including the United States, the United Kingdom, the UAE and Portugal. These treaties ensure that businesses operating in Malta won’t be taxed twice on the same income between different countries.

The way this works is simple: if a company pays tax on their income in the country of source, they won’t have to pay more than 5% in Malta. This makes it a very attractive destination for international businesses looking to reduce their tax burden and avoid double taxation.

 

Mediterranean climate

Aside from the main business and tax incentives, one of the great advantages of setting up a company in Malta is its beautiful Mediterranean climate. Malta boasts over 300 days of sunshine a year!

This temperate climate creates an ideal work-life balance, allowing entrepreneurs and employees to take full advantage of the great outdoors. With year-round sunny weather, employees are more motivated, efficient and happy, which translates to better business results.

The Mediterranean climate also has a strong impact on Malta’s agriculture and fishing industries, contributing to a rich and diverse culinary culture. Visitors and residents can indulge in delicious, fresh Mediterranean cuisine that’s packed with seasonal ingredients, ensuring they are always able to eat well and maintain a healthy lifestyle.

 

How RHJ Accountants can help

Our team of experienced professionals can guide you through the process of setting up your company in Malta, including handling all the necessary paperwork and legal requirements. We can also assist with ongoing tax services and ensure that you remain compliant with all local regulations.

Additionally, we can even help you find a suitable home in this beautiful Mediterranean country.

We understand that every business is unique, which is why we offer a FREE initial consultation with our team. This allows us to get to know you and your business, and provide tailored advice on how best to set up and run your operations in Malta.

Look no further than RHJ Accountants. Contact us today to schedule your FREE consultation!

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💬 PSA: between April & June our Portuguese team have limited meeting availability due to the Tax Return Submission Period 🇵🇹