Aircraft Registration Asset Protection Bank Accounts Company Administration Company Incorporation Film Administration & Co-production Inheritance Planning Intellectual Property Structures International Trade Structures Property Ownership Structures Royalties & Intellectual Property Tax Planning Tax Residency Certificates Trusts VAT/TVA Services Yacht Registration   Sophisticated answers for tax planning, asset protection & inheritance planning.           Name:      E-Mail:       Copyright  © 2008 ILS Group | Privacy Policy

Introduction | Information MALTA Malta became a European Union member state on May 1, 2004. Accession to the EU has given the Financial Services sector, which already contributed 12 per cent to the country's GDP, a boost and the sector is expected to become an even more important contributor to Malta's economic growth. However, the EU was determined that Malta should put an end to a number of ‘harmful’ tax measures. As a consequence, the effective 4 per cent tax rate on the profits of International Trading Companies will be abolished in 2010. The country possesses a long established banking sector, seeing its origins 400 years ago under the Order of the Knights of St John, and one that is today fully integrated into the European financial networks. The legal and accounting professions in Malta were moulded and greatly influenced by continental Europe and the UK and most professionals are well established inside European-wide associations. Malta has 46 double taxation treaties in force and another 15 at various stages of completion. Civil law system Holding and trading companies Member of the EU No public disclosure of beneficial ownership No stamp duty on transfer of shares No exchange controls Numerous tax treaties Excellent e-commerce location Useful for International Trading Companies and Holding Companies Incorporation Datasheet Companies Act 1996 (as amended 2004) Trusts and Trustees Act 1989