Malta – A Financial & ICT Hub
Welcome to Malta, the island with a can do attitude in the Financial Services and also a SMART Island in the ICT Sector. Malta is an island nation on the European Union’s southernmost confines. The Maltese islands are situated beyond Sicily in the heart of the Mediterranean waters.
Megaliths, medieval dungeons and Calypso's Cave – The Maltese Islands are positively mythic. The narrow meandering streets of their towns and villages are crowded with Renaissance cathedrals and Baroque palaces. As the countryside is dotted with the oldest known human structures in the world, the Islands have rightly been described as an open-air museum.
Malta is the largest island and the cultural, commercial and administrative centre. Gozo is the second largest island and is more rural, characterised by fishing, tourism, crafts and agriculture while Comino is largely uninhabited.
The long relationship between the Islanders and the various nationalities that occupied Malta over the centuries has created a marriage of styles and traditions, giving the Islands a fascinating eclectic culture.
Malta a bright sunny island, having tourism as a front runner for so many years is now enhancing its financial services. Malta the island with seven thousand years of history boasts a particular Mediterranean culture, a peoples` characteristics and months of sunshine throughout the year. The Maltese people are proud to have a get it right first time approach in every project, task and challenge they are entrusted with.
Welcome to Malta – your world of Financial Services, a world of Tax incentives, ICT services for your business
Malta has a strong, yet flexible, single regulatory body in the Malta Financial Services Authority (MFSA). The MFSA is responsible for all licensed financial services activity on the Islands. The MFSA is structured in line with world best practice. Malta is a leading force in the development of regulatory policy and is fully involved with OECD, the EU and the Commonwealth in policy development.
Tax-efficient environment. Businesses set up in Malta benefit from a tax efficient environment - a full imputation system and double taxation treaties with over 40 countries.
Malta is a highly-developed financial centre. Financial services and financial intermediation and related sectors currently account for 12% of GPD; a figure set to double in the next decade. All domestic and foreign transactions are handled quickly and reliably by Maltese and foreign banks employing the latest technology.
English is an official language. English, a joint official language with Maltese, is universally spoken and written and is the language of legislation, education and business. Many Maltese are also fluent in Italian, and also speak German and French. Major world languages are easily sourced.
The high education and training level of the Maltese labour force is a key competitive factor. The Maltese have a very high regard for education and some 60 per cent of students remain in education up to tertiary level following academic or vocational courses.
The Maltese fiscal regime has been one of the main drivers in creating an attractive environment for foreign investors. Since joining the EU in 2004, Malta has become an attractive jurisdiction for tax planning and corporate structures.
An agreement with the EU preserves the competitive Maltese full-imputation tax system and has been deemed by the European Commission to be compliant with EU nondiscrimination principals.
The Maltese fiscal regime has been one of the main drivers in creating an attractive environment for foreign investors. Since joining the EU in 2004, Malta has become an attractive jurisdiction for tax planning and corporate structures.
