New Review Launches For Malta

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New Review Launches For Malta

Wednesday, November 03, 2010

With the steps being taken by the Maltese government towards the adoption of the long-awaited Small Business (Malta) Act being welcomed by organisations representing the sector, such as the Association of General Retailers and Traders (GRTU), and the recent delivery of the Budget, which contained - thankfully, and increasingly unusually nowadays - no nasty surprises for businesses, the timing of the publication of Tax-News.com's Malta Review could hardly have been more opportune.

Located favourably in the Mediterranean, and a member of the European Union since 2004, Malta has a number of advantages which make it attractive to businesses both large and small, including a skilled and internationally-facing workforce, an advantageous tax regime, nevertheless developed with an eye to global standards in this area, and a flexible and cost-effective company formation regime.

There is also a very established industry geared towards looking after the needs of both large and small businesses, and the jurisdiction has a number of areas of expertise, including e-gaming, financial services, maritime services, and many others; these come in addition to its already established reputation as a key tourist destination.

From the point of view of a foreign entrepreneur looking to establish a business in Malta, or a larger company looking to expand its operations to there, the significant number of double tax treaties that Malta has in place also probably deserves a mention - more than fifty at the last count!

If this (and our very own summary guide, of course...) has piqued your interest, why not have a look at the new Tax-News Malta Review which provides a 'snapshot' of the corporate, tax and legal situation in Malta as of 2010-11, in addition to looking more in-depth at the issues du jour there...