The Republic of Malta is an island state in southern Europe in the Mediterranean Sea, some 50 miles south of Sicily. It contains several islands with 416 000 residents. Its capital is Valetta, the smallest European capital city. Its official languages are Maltese and English.
From the historic standpoint, Maltese location had a large strategic significance as the island was a highly convenient place to establish naval fleet bases. Malta gained independence from the UK in 1964, and became a republic 10 years later. It accessed the European Union in 2004, and became a Eurozone’s member in 2008.
There are many advantages to registering a company in Malta. As a EU member state, Malta offers low actual tax rates in conformity with the EU standards, a highly professional and stable service sector, and a well-founded good reputation.
Since Malta became a EU member state, the companies registered there have enjoyed the same benefits as all other European businesses, and can apply for their EU-VAT registration subject to lower tax rates.
Malta has taken decisive and significant action to strengthen its position as a world leader in managing international foundations. While competing with such states as Ireland or Luxembourg, Malta has devised an exceptional combination of a multilingual labour force and a reliable legal system. The state is proud of its Malta Financial Services Authority (MFSA) which puts emphasis on business development opportunities. It is also the right jurisdiction for companies that deal with registering ships and planes, banking services, gambling, and governance of foundations.