Malta is strategically located in the middle of the Mediterranean Sea, within 3 to 4 hours of direct flight time from Europe’s major financial cities. Malta has been a member of the European Union since 2004, and has in recent times established itself as one of Europe’s top financial centres for financial services, iGaming, yachting and ICT.
Malta has an attractive tax system through its double taxation treaties with over 70 jurisdictions.
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Some facts about Malta
Republic of Malta (Repubblika ta' Malta)
Valletta
Maltese and English (Italian is also widely spoken)
Approximately 500,000
+356
.mt
GMT+1 (Central European Time)
Euro
Since 2004
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Why Choose Malta as your Business location?
Malta has a labour force with a high education and training level, with approximately 60 per cent of students remaining in education to tertiary level with many opting to follow post-graduate courses both at the University of Malta and at foreign universities. The University of Malta is free for all local students, and enjoys an excellent reputation worldwide.
Malta has a comparatively low labour cost when compared to central Europe and the UK, and its highly-motivated workforce and strong work ethic make for a very cost-effective location.
Malta has a built a competitive and comprehensive tax system over the years. Malta has a significant treaty network, with over 70 treaties currently in force, and has a strong participation exemption, making Malta an excellent location for international business. Malta’s VAT rate, 18%, is also one of the lowest in the EU bloc.
Malta’s central location has meant that it has been a strategic location since pre-historic times. With Malta being at most a 3 to 4 hour flight from most European financial centres, and having a strong flight network to most European countries, international business in Malta can be conducted easily.
English, the go-to-language for international business and the financial sectors, is one of Malta’s official languages, ensuring effective communication with clients and suppliers across the globe, and facilitating international business.