types of taxes

Types of Partnerships in Malta

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.

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Importing and Exporting regulations in Malta explained

Ever since it’s incorporation in the European Union, Malta has grown to be one of the most attractive business destinations in Europe. Due to Malta’s lack of raw material, imports are more prevalent than exports. However, this does not stop Malta from flourishing, the country wisely leverages its tourism industry and it is currently one of its economic backbones.

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Corporate taxes in Malta

Although corporate taxation in Malta is not low, shareholders are entitled to claim back part or even the whole tax paid by the Malta company. This is why the Maltese taxation system is unique and very ingenious.

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Types of taxes in Malta

Malta does not apply a separate system of corporate tax, making a company chargeable to income tax in Malta in much the same way as an individual, at the flat rate of 35%. However, Malta does apply a full imputation system to relieve the economic double taxation arising on the taxation of dividends received by shareholders from distributions made from tax-retained earnings of Maltese companies.

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