Why should you choose SIG Malta
Our firm is able to set up this entire process and to manage the bureaucratic and legal hurdles faced by entrepreneurs who are interested in the formation of a company in Malta. We offer the best solutions in order to make this process as simple, quick and easy as possible for all our clients.
Taxation for Maltese Companies
Malta has some of the lowest tax rates in the European Union; therefore, registering a company in Malta offers a number of advantages in terms of taxation for entrepreneurs and legal entities interesting in conducting businesses in Malta or in other states that are part of the European Union.
The most important tax benefit of a Maltese company is the fact that company shareholders are able to claim back most of the money that is paid out as dividend from the corporate tax paid. If the owners of a company that is registered in Malta are not Maltese residents or if they are foreigners that are not domiciled in Malta, they have the right to recover 6/7 from the corporate tax. This brings the actual tax rate to only 5%.
The tax benefits of Maltese companies attract a growing number of European investors as well as investors from other jurisdiction. Therefore, it is extremely important to analyze the advantages and disadvantages of each type of company that can be registered in Malta and to opt for the one that best suits business purposes and business activities.
Типы компаний на Мальте
- Частное общество с ограниченной ответственностью
- Публичное общество с ограниченной ответственностью
- Товарищество с ограниченной ответственностью
- Генеральное партнерство
- Холдинговая компания
The Private Limited Liability Company in Malta provides that the liability of the company’s shareholders is limited to the amount of shares that is held by each of them. In the case of a private limited company, the number of shareholders must be limited to 50. In addition, the private limited company cannot offer its shares to the general public. The required minimum share capital is 1,200 euro, from which at least 20% must be paid up when the company is incorporated. The company must have at least one director and one shareholder.
The Public Limited Liability Company in Malta is similar to the private limited liability company, but the main difference is that this type of company may offer its shares to the public. The required minimum share capital is 46,600, from which at least 25% is paid up. This type of Maltese company must have at least 2 directors and 2 shareholders.
The Limited Partnership in Malta operates under a partnership name and has its obligations guaranteed by the fact that at least one of the partners has full liability and the other partner is liable only up to the contribution made to the partnership. The capital of the Maltese limited partnership may be divided into shares.
The General Partnership in Malta may be formed by two or more partners and may operate under a partnership name. In the case of a general partnership, all the members have full liability. A general partnership is transparent for tax purposes and the partners declare their share of the profits by filling out personal tax returns. Thus, the taxation of general partnerships depends on the applicable personal tax rates.
The holding company in Malta is a company with the object of holding shares in other company, as well as other assets such as movable and immovable property or intellectual property inside and outside of Malta. Income received by a Maltese company from a participating holding, is exempt from Maltese taxation. Whether a company qualifies as a participation exemption depends on certain criteria, relating to the foreign subsidiary, such as if the said company is incorporated in a country that is part of the European Union, if it is a subject to foreign tax of at least 15% or if it does not have more than 50% of its income derived from royalties or passive interest. Find out more about the benefits of a holding company in Malta.
Steps for company formation
- Checking availability for three names of your choice for the company
- Prepare the Memorandum and the articles of the company
- Filing with the Malta Financial Services Authority
- Registration of shareholders and directors
- Opening a blocked capital account with a Maltese bank
- Depositing the share capital
- Setting up a registered office in Malta
- Receiving the registration certificate
Why should you open a company in Malta?
- Malta has some of the lowest tax rates in the European Union.
- Malta has an advantageous reimbursement system for 6/7 of the corporate tax, under certain provisions.
- Holding companies registered in Malta can benefit from various tax advantages.
- Favorable geographic position between three strong economies.
- Cost effective jurisdiction for business operations.
- Liberal visa process and residence permit.
- Malta’s national regulations and legislation are based on market liberalism.