Malta joined the European Union in May 2004 and adopted the Euro as its currency in January 2008. There are many good reasons to consider investment in Malta. These include:
- AAA rating by Moody’s.
- Established trade links with Europe, North Africa and Middle East.
- Numerous double taxation treaties with a number of countries.
- The only EU country having a full imputation system. This means that profits taxed at a corporate level are not subject to further tax in the shareholder's hands.
- Located at the centre of the Mediterranean.
- Multi-lingual and high-skilled workforce.
- Dedicated, competitively-priced human resources.
- Exceptionally high productivity levels.
- Excellent telecommunications structure.
- Strong industrial relations record.
- State of the art transshipment and distribution facilities.
- Social, political and economic stability.
- A safe, secure and pleasant lifestyle.
- The Malta International Airport has direct flights to over 37 major cities.
- High quality health care services.
Any EU national can freely incorporate a Maltese company and trade on the local market in any branch of trade. The company, for tax purposes, is treated like any other local company and carries no particular tax advantage i.e. it would incur 35% on profits. However, should the company operate for the international trade, it would attract very advantageous tax regimes (5% effective tax rate). In both cases, the EU national who acts as a director of such company, can reside in Malta.