Fiscal Implications On Aviation Operations

1. Introduction

Companies which are incorporated in Malta are deemed to be resident and domiciled in Malta and chargeable to tax on a world-wide basis, irrespective of where the income generating activitiy is carried out. 

Companies which are incorporated outside of Malta but which establish their management and control in Malta are deemed to be resident but not domiciled in Malta and chargeable to tax on income and taxable capital gains arising in Malta and on foreign sourced income remitted to Malta.  

Companies which are neither incorporated nor have their effective control or management in Malta but which however operates a branch in Malta are taxed in Malta on the amount of income which is attributable to the branch.