VAT was first introduced in Malta in 1995 and has undergone various changes since then. Most of these changes were made when Malta joined the European Union. The Maltese government'a main goal was to reduce the tax charges in order to attract more investors into the country.
Malta is one of the first countries in the EU to accommodate and standardize the gaming industry. Its pioneering move towards introducing regulations and legislature for the registration and operation of this business structure is the major reason why Malta is one of the best countries in this sector.
The Maltese government greatly supports shipping businesses in Malta. This can be evidenced by the convenient legislations set in place. The registration and operation of a shipping company in Malta is quite simple and more efficient compared to other EU countries.
Malta offers one of the most investor-friendly business environments in the world. This can be witnessed by its wide and diverse selection of tax neutral securitization vehicles, which in turn come with many international and legal tax benefits.
There are a plethora of benefits that come with having Maltese citizenship. This explains why it is not very easy to get citizenship in Malta. According to the Maltese legislation Amendment Act of 2013, there are three major categories by which one can obtain Maltese citizenship.
The subject of CIV’s has drawn many questions in Malta and other EU member states. The issue lies with a lack of clarity on taxation and reimbursements as far as tax agreements are concerned. A thin line would have to be drawn between the funds and investors in order to deal with the criteria objectively.
