How to open a company in Malta
Submitted by admin-sig on Mon, 07/08/2019 - 16:44Setting up a business in Malta can bring great rewards for your investment. Here is a walkthrough on how to start a business in Malta.
Setting up a business in Malta can bring great rewards for your investment. Here is a walkthrough on how to start a business in Malta.
The Maltese jurisdiction offers quite a wide variety of choice when it comes to the legal structures you can use to set up your business. Whichever legal entity you choose, Malta has set in place laws and regulations that are more accommodating to foreign investors. This explains why Malta is one of the most favorable investment destinations in the world. Below are the legal structures by which businesses can exist in Malta:
In a bid to promote foreign investment, Malta offers a wide range of incentives to investors starting a business in Malta. This explains why there is a large influx of foreign companies opening their branches in Malta. Furthermore, the fact that Malta has business-friendly corporate laws—and is an active member of the European Union, makes it a perfect and strategic investment destination. It's also the ideal gateway to the EU for non-EU investors.
After successfully settling in Malta, one of the non-negotiable things you will need is a bank account. A local bank account will make it convenient for you to receive your salary if you are working, pay bills, pay medical care among other activities.
Although over the years business ownership trends have evolved significantly, there is no doubt that worldwide a significant portion of businesses is still owned by families, who pass on their business down from one generation to the next as a family legacy. Family owned businesses have significantly contributed to a sizeable portion of employment in the EU’s private sector. Recognition of family businesses as significant proprietors in the business world has been profoundly underwhelming in the EU and its member states.
Although over the years business ownership trends have evolved significantly, there is no doubt that worldwide a significant portion of businesses is still owned by families, who pass on their business down from one generation to the next as a family legacy. Family owned businesses have significantly contributed to a sizeable portion of employment in the EU’s private sector. Recognition of family businesses as significant proprietors in the business world has been profoundly underwhelming in the EU and its member states.