Tax Implications of setting up in Malta
Malta offers a liberal tax regime and recent enactments have provided greater flexibility for (specific) sectors to benefit form a more favourable tax regime.
Malta offers a liberal tax regime and recent enactments have provided greater flexibility for (specific) sectors to benefit form a more favourable tax regime.
As a member of the European Union, Malta has synchronised its laws to the European Aquis and legal implications offer the protection of the European system to all its settlers.
We gathered the most important highlights of the key fiscal and economic points of the Malta budget speech.
A new temporary residency scheme has been launched for people who want to move to Malta but work remotely. The programme offers a six-month visa and an option of obtaining a one-year ‘Nomad Residence Permit’ and costs €300. To qualify, applicants must prove they are contracted to work remotely by a company based overseas, show that they run their own business or offer freelance service to clientele based abroad.
Life of a digital nomad is full of fun and adventure but they often forget about their taxes and that is a mistake they can avoid with tax optimization.
Accounting needs may vary. Some clients may need to prepare their accounts on a monthly basis, others every quarter, while others on a yearly basis. M.Meilak & Associates offers tailor-made and professional accounting services in Malta, which will fulfil your accounting requirements. Our accounting services include: keeping proper books of accounts in accordance with Maltese…
After Brexit, UK companies consider to co-locate to Malta and not just for the favourable tax regime. For those companies that are looking to relocate their back office operations, the advantages gained can be much more than just less disruption to their operations.
The most important aspect of our tax services is that we work closely with our clients. That enables them to quickly react to tax-saving opportunities. We structure core operations around tax-efficiency concepts, and help ensure compliance with applicable local, national, and international tax administrations. We advise and assist private individuals seeking tax advice on cross…