Doing Business Through Malta

1. LEGAL AND TAX SYSTEM

• Malta is a member of the EU with the Euro (€) as the official currency.
• The Maltese Business Laws are based on the English model and English is one of the official languages, meaning that all official documentation is published in English.
• The most common form of a legal entity used is the Malta Private Limited Liability Company.
• There is limited liability to the shareholders.
• Nominee shareholders can be used to ensure anonymity of the ultimate beneficial owner.
• Proper accounting records must be maintained and audited Financial Statements must be prepared annually.

MALTA LEGAL SYSTEM

• Companies incorporated in Malta are considered to be tax resident in Malta and foreing-incorporated companies may also be treated as tax-resident in Malta if their management and control is exercised in Malta.