INVESTMENT BASICS:
Currency - EURO (EUR)
Foreign exchange control – No
Accounting principles/financial
statements – IAS/IFRS/General Accounting
Principles for Smaller Entities (GAPSE).Financial statements must
be prepared annually.
Principal business entities – These are
the public and private limited liability company, partnership
en nom collectif and the partnership en
commandite (the capital of which may or may not be divided
into shares). Trusts and foundations also are available under
Maltese law. A Collective Investment Scheme (CIS) and a
securitization vehicle may be set up under various forms.
CORPORATE TAXATION:
Residence – A company incorporated in
Malta is considered both domiciled and resident in Malta. A company
not incorporated in Malta is considered resident in Malta if the
management and control of its business is exercised in Malta.
