Malta is considered one of the top investment destinations in the world. There are so many reasons why a lot of investors and expatriates are finding interest in Malta, most of the credit goes to the pro-foreign investment policies set up by the Maltese government. However, that’s not all!
If you are considering investing in Malta you are probably curious about the environment you will be subjected to—things such as the level of risk involved as well as the policies and regulations of a country play a major role in the success of any business. The following are some of the most important business facts about Malta you should know if you are considering to invest 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:
Although over the years business ownership trends have evolved significantly, there is no doubt that worldwide a significant portion of businesses is still owned by families, who pass on their business down from one generation to the next as a family legacy. Family owned businesses have significantly contributed to a sizeable portion of employment in the EU’s private sector. Recognition of family businesses as significant proprietors in the business world has been profoundly underwhelming in the EU and its member states.
Although over the years business ownership trends have evolved significantly, there is no doubt that worldwide a significant portion of businesses is still owned by families, who pass on their business down from one generation to the next as a family legacy. Family owned businesses have significantly contributed to a sizeable portion of employment in the EU’s private sector. Recognition of family businesses as significant proprietors in the business world has been profoundly underwhelming in the EU and its member states.
The government of Malta has put in place a set of guidelines on the payment of VAT on leased Yachts. The regulations apply when a company registered in Malta buys a Yacht and decides to lease it to a third party. This system was put in place to help the owners of these luxury vessels to pay their VAT. The VAT payable is calculated from the proportion of time the yatch is supposed to navigate in the EU territory. It also enables them to acquire a certificate cleared of VAT arrears at end of the arrangement.
