Malta Company Formation - with 5% Tax on your profit
Malta company formation is a useful way to conduct business in Europe. Since the European Court in a series of judgments noticed that the domestic market has legal force to legal entities, a business within the European Union's founders choose from the various GmbH counterpart of the individual EU Member States.
(firmenpresse) - The Maltese island has double-taxation treaties with a large number of countries including most of the relatively high taxed European economies. Coupled with the attractive tax regime, Malta had become a location of choice for ship and yacht registrations, and EGaming companies. Malta is also an attractive regime for holding and trading companies.
Companies and commercial partnerships are formed under the Companies Act and its subsidiary legislation which are fully complaint with EU Law.
Malta company formation may be undertaken by both residents and Non-residents. The types of Malta companies that can be registered are as follows:
-Malta company formation of a Private Limited Company
-Malta company formation of a Branch of overseas Company
-The formation of a Malta Partnership (General or Limited)
-The formation of a Malta Trust
Provided that all documents and information are submitted to the Registrar of Companies in Malta, the incorporation may be done within 48 up to 72 hours. Contents of the Memorandum must, amongst other clauses, include the following:
1. Name of the Malta Company
2. Whether the Malta Company is public or private
3. Registered Office – must be situated in Malta
4. Objects of the Malta Company
5. Amount of share-capital which the company proposes to be registered
6. Name and residence of each of the subscribers to the Memorandum
7. Number of directors (fixed or as a range) and details of each
8. Name and residential address of Company Secretary
9. Legal / Judicial Representation
Different types of companies may be used to attain a variety of fiscal and non-fiscal objectives including the following:
Spreading the risk of the investor
Separate certain assets from the trading operations of the group
Implement repatriation strategies
Efficient acquisition and disposal of an asset, participation or trading operation
Sheltering of profits
Re-characterisation of income
Create tax grouping
Minimise the risk of double taxation
Minimise the tax on exchange differences arising on intra-group financing
Creating deductions against taxable income
Malta’s EU membership has made the country a competitive jurisdiction for tax planning and corporate structures. Income Tax in Malta is charged on income from all sources and capital gains on the transfer of immovable property, securities and certain intangible assets. A Maltese company can trade and provide services, consultancy and mediation, while internationally enjoying a net 5% or lower effective tax rate, after distributing dividends to shareholders and applying refunds. Malta company tax is fully credited to shareholders on the distribution of profits and, depending upon the business activity from which the profit has been generated, recipients of dividend income may become entitled to refunds of the company tax paid. These refunds can reduce the effective tax burden on distributed profits to between 5/7 and 7/7 or 0% and 10%.
Banking secrecy in Malta is well established. Malta signed the EU Savings Tax Directive, and therefore are accounts of EU citizens which are not living in Malta affected by the automatic exchange of information. This does not apply to Maltese companies, which are treated as Maltese taxpayers. Therefore, there is no company accounts for automatic information exchange within the EU.
The formalities to form a Malta Limited are very extensive, so some founding statements. But Malta has an active economic development and fetches innovative companies to Malta. The authorities are very service-oriented, business-friendly and helpfully in most cases quickly and easily. The ROC is the section "Registry of Companies (ROC)" the MFSA (Malta Financial Services Authority) has published a guide with information of the types of companies in Malta, and the establishment procedure.
As a leading Malta company formation agent we may offer a true professional and efficient service to all our clients:
Incorporation of Malta Companies
Opening of bank accounts
Company directorship and Management Services
Obtaining of Gaming Licenses in Malta
Investment Companies and Professional Investor Funds
Yacht and Ship Registration
Trustee Services
Full Malta back office
Malta Company Accounting services
Malta Trademark Registration
Contact IMEX Malta for your Malta Incorporation needs, Malta bank account opening, Company management services
IMEX Malta:
Villa Wied Florina
Triq Il-Kantra
Xlendi, Gozo
Malta
XLN 1310
office (at) imexmalta.com
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 24.11.2013 - 07:03 Uhr
Sprache: Deutsch
News-ID 1286415
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
Phone:
Kategorie:
Accounting, Audit and Tax
Anmerkungen:
Diese Pressemitteilung wurde bisher 203 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Malta Company Formation - with 5% Tax on your profit
"
steht unter der journalistisch-redaktionellen Verantwortung von
IMEX Malta (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
