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.
The Maltese government greatly supports the business sector in Malta and one of its primary goals is to create a more convenient atmosphere for both local and international businesses. In order to moderate one of the barriers which deter the growth of international companies, Malta strongly leverages the double taxation system. This move has proved rewarding to both Malta and foreign investors who have taken a keen interest in doing business with Malta. Over 70 DT agreements have been signed so far with more than 60 of them already into effect.
Malta’s taxation system is closely similar to that of Great Britain but there are some slight variations when it comes to aspects like the dividend tax. The government's strategy on dividend tax affects local companies and foreign businesses differently. Dividend tax is imposed on locals (domicile and tenant) companies — they are obligated to pay their taxes on returns from capital gains and other forms of income.
Digital currencies such as bitcoin, have made a lot of buzz in the media over the past few years. However, it is only now that these cryptocurrencies have begun to be understood by ordinary citizens let alone to be trusted. Malta has not chosen to fall behind in accommodating the new currency. The state already set up a tax scheme for revenues that involve cryptocurrency investments.
Value added tax is the tax that is charged progressively according to the increase in product value. It is important to note that all entities in Malta, partnerships included and natural persons are obliged to register with the VAT office in order to comply with the Maltese VAT legislation of 1998.
