maltese taxation

Malta has arguably the most eye-catching and elegant touristry views in the central Mediterranean. These beautiful resorts, hotels, and infrastructure serve as tourist magnets—hence a number of investors find Malta to be the ideal and lucrative destination for opening travel and tour agencies. These agencies provide a range of services which include, however not limited to destination management, incoming tourism facilitation, and excursion organization. 
 

Being an astounding Island, Malta is popularly known as a tourist destination. Tourism alone along with manufacturing and foreign trade sum up to the Nations GDP of $9,5 billion. Nonetheless, over the years Malta has proved to be more than just a tourist attraction but a great investment destination as well. 
 

Technology is impacting every industry and the banking sector is no exception. One of the most innovative developments so far is digital currency — popularly known as a cryptocurrency. Digital money solutions are increasingly gaining a lot of popularity especially when it comes to online transactions. They are also a very lucrative business venture to invest in — especially in a digitally savvy country like Malta.
 

The Maltese government does not restrict anyone from purchasing property in Malta as long as all requirements of property acquisition permits and licenses are followed accordingly. As a general rule, the properties acquired should not be used for rentals or modified into other structures—they should be solely used for residency.
 

Shelf or aged or vintaged companies are entities that have all the proper documentation for trading in Malta but have stopped or never traded for different reasons. Since these companies have are already registered in Malta, they can be sold to foreign investors who do not want to go through the long and rigorous process of setting up a company in Malta for the first time.

One of Malta’s most recent double tax treaties is with Ukraine. The treaty came into effect on the 28th of August, adding on to Malta’s vast network of double taxation agreements. To date, Malta holds over seventy double tax agreements with various countries and jurisdictions from around the world.