The recent changes to Maltese tax laws continue to place Malta as an ideal location for the purpose of carrying out international trading operations. Through the establishment of a company registered under Maltese law, international entrepreneurs are able to reap the advantages of the imputation system of taxation when distributions are made to them as non resident shareholders.
The definition of a ‘company registered in Malta’ has been widened to include oversea branches set up in Malta, companies which although not resident in Malta carry out activities in Malta and also companies which are neither registered nor resident in Malta provided that such companies are registered with the local tax authorities. The objects of the company must include operations of a trading nature.
In an international tax-planning scenario, the choice of the place of the active working company is one of the most important decisions to make. The old Maltese International Trading Company was a regular company registered in Malta that had its objects limited to trading outside Malta with persons who are not resident in Malta. As from 1st January 2007, this restriction was lifted but the advantageous effective tax rate for such companies has remained.
Cefai & Associates may provide our clients with a full range of corporate and administrative services, such as registered address, company secretarial services and fiduciary shareholder services.
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