types of maltese subsidiaries

Malta first agreed on a double taxation agreement with the USA in 1980 but due to changes in their tax model, the deal could not last through 1997 after their collaborator pulled out. Almost a decade later, the two signed yet another pact in 2006 which this time was framed based on the US tax model. This deal went into effect the following year although it was subject to further improvements which came in 2010. Of more significance was the facilitation for fighting tax evasion that made the greater worth for this change.
 

A vast majority of investors doing business in Malta opt for a private limited liability business entity. This is the most widely used company type in Malta, for good reasons — it’s quite flexible and offers the most benefits for foreign investors.

The "en nom" collectif in Malta, popularly known as a general partnership all over the world is very easy to set up and requires fewer formalities compared to a limited liability company. The upside to investing in partnerships in Malta is that even if you are a foreign investor, you will enjoy the same rights as Maltese investors.

Registration of partnerships in Malta follows the stipulations of the the Companies Act of 1995. The types of partnerships that can be formed in Malta are:

• general partnerships (partnership “en nom collectif”) and,
•  limited partnerships (partnership “en commandite”). 

All commercial partnerships are considered separate legal entities by law and they are regulated by the Trade Register.

Malta is a generally business-friendly country. The Maltese government is in full support of the business sector and it offers a lot of business opportunities and incentives for investors who want to set up a business in Malta. One of the first and most crucial steps in company creation is the selection of a legal structure (company type). There are many company types in Malta and before committing to one, you should evaluate all your options.

Malta has probably one of the fastest growing economies in Europe—and is one of the most targeted investment destinations on the planet. This is owed to its top-notch business facilities, a friendly tax system, and expedient business policies.