As an European Union (EU) Member State since 2004, Malta offers:
- A credible and rapidly expanding financial services centre, supported by all 28 EU Member States;
- All EU Treaty principles apply to Maltese companies and their investors, specifically the principle of the freedom to establish and provide services; Maltese companies can register for a VAT number which will give them access to the EU market, whenever they wish.
- Malta is part of the European Monetary System (euro), which means lower operating costs and no currency exchange risk on intra-community (EU) transactions;
- All EU directives apply in Malta, guaranteeing a regulated, modern legal system protecting your investors’ best interests;
Its entire political, economic and legal framework helps to attract foreign investment:
- Parliamentary democracy, politically and socially stable;
- Only two major political parties, both of which focus on attracting cross-border investment and offering a safe, stable and open business environment;
- Modern and diversified economy based on international services;
- Stable macroeconomic environment (low unemployment, controlled public sector deficit and public debt);
- Strong and modern legal system based on Roman law, but a great part of administrative, financial and tax legislation is based on British law.
Malta also offers other important advantages when forming and managing international businesses:
- A flexible, competitive tax regime with effectively very low tax rates
- Schengen and Commonwealth member
- Productive, qualified bilingual workforce (Maltese and English) with advanced knowledge of other languages
- Highly specialised and efficient professional services providers
- Highly attractive for overseas personnel
- Low operational costs
- Excellent technological infrastructure
- Strategic geographical location, close to Europe, North Africa and the Middle East, with very good air and sea connections
- Excellent logistics for transhipment and distribution
- A mild climate, natural beauty, good network of hotels and accommodation, safe environment and low crime rates