taxation

The types of business entities 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:

Establish A Branch 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.
 

Citizenship renunciation in Malta

According to the Maltese legislature, people with dual citizenship, that is people who hold citizenship in Malta and another country—they  have a right to reject their Maltese citizenship. This, however, should be done in accordance with the procedure set by the law. The subject has to declare his/her refutation and wait for approval from the Minister to register that proclamation. The Minister has the power to decline the declaration under the circumstances that Malta is at war or when the move contradicts policy.

 

Why a significant number of businesses are relocating to Malta Post-Brexit

Britain’s exit from the EU overshadowed a cloud of uncertainty over the future of many businesses and companies in several European states. This monumental event disrupted many business operations. While and Maltese businesses weren't an exception, their future is better promising compared to other EU countries. As you scout for potential relocation sites, Malta undoubtedly occupies the top of the options list.