Malta is merging four special tax regimes for new residents into one. The 15% rate stays, but the minimum tax rises to as much as EUR 35,000. Here is what needs deciding before 31 December 2026.
Germany's exit tax has widened - ETFs and funds are now caught, and EU moves have lost their permanent deferral. Here is where things stand, and what a move to Malta really involves.
Which company changes must be reported to the Malta Business Registry, through which forms, and within what deadlines - and what happens if you miss them.
Crypto platforms across the EU have been collecting transaction data since January 2026, with the first automatic reports due to tax authorities in 2027. Here is what DAC8 and CARF actually mean for crypto investors resident in Malta - and what is worth checking before that first data transfer.
Verbal warnings are generally recognised under Maltese employment law, but they present significant evidential challenges in practice. Courts and the Industrial Tribunal place strong emphasis on proper documentation and structured disciplinary procedures. Without clear records, verbal warnings may carry little weight in disputes, particularly in cases of dismissal. Employers are therefore encouraged to document even informal warnings to ensure transparency, clarity, and legal protection.
The recent escalation between Iran, Israel, and the US has raised serious security concerns for expats in Dubai and Cyprus. We look at the facts and explain why Malta remains a secure alternative.
When thinking about relocating to another country and taking up a job there, one question that people will usually ask is how much the income tax and other deductions from the salary are, and how much the cost of living is. Malta offers an interesting taxation on income tax, and especially high earners can benefit […]
Considering relocating your life or business to Cyprus or Malta? This article provides essential insights into living and working in these two Mediterranean island nations. Both attract millions of tourists with their beautiful weather and sea, and offer tax advantages for expats.
Dreaming of living in Italy without the steep tax bills? By combining Italian residency under the Flat Tax regime with a Malta Limited company, high-net-worth individuals can legally reduce their effective tax rate to as low as 5%. Here is how this powerful structure works.
A home in Mallorca, Marbella or Madrid and a trading company in Malta: the Spain-Malta solution brings Mediterranean life and tax structuring within the EU together.
A complete guide for pensioners moving to Malta in 2026. Discover how the Malta Retirement Programme (MRP) offers a 15% flat tax rate, learn about the healthcare system (ranked 5th globally), and explore the practicalities of relocating to this English-speaking Mediterranean island.
Malta is known for more than just its Mediterranean scenery; it offers a highly efficient tax framework for international business. For entrepreneurs and investors, understanding the Malta tax system—specifically the refund mechanism that can reduce effective tax to 5%—is crucial. This guide covers the essentials of the Maltese tax framework for 2026.
Operators wishing to provide gaming services in or from Malta require a licence issued by the Malta Gaming Authority (MGA). The law provides for four distinct licence classes, depending on the nature of the games and the operator's business model. At DW&P, we have guided numerous companies through this complex application process.
Just like in most countries, residents in Malta are required to submit an annual tax return. This applies not only to business owners and the self-employed but also to private individuals who have relocated to the island. At DW&P, we assist clients with this process daily. Here is an overview of deadlines, the "Non-Filer" status, and the minimum tax rules.
The role of a Company Secretary in Malta is often misunderstood as purely administrative. In reality, it is a vital officer position responsible for corporate governance and statutory compliance. This guide covers the requirements, legal duties, and the profile needed for a Company Secretary in a Malta Limited.
Malta is one of the world's most respected jurisdictions for yacht registration, thanks to its strategic location, English-speaking environment, and attractive tax framework. Whether for private enjoyment or commercial chartering, the Malta flag offers flexibility and security. Here is everything you need to know about the process and benefits.
Why go through the hassle of relocating an existing business to Malta when starting fresh could be simpler and more profitable? In this guide, we explain why establishing a new Malta Limited is often the smarter choice to avoid unnecessary scrutiny and exit tax complications.
Running a business in Malta requires strict adherence to local payroll laws. From obtaining a PE number to managing FS5 and FS7 reporting, this guide covers the essential compliance steps for international employers operating in Malta.
Malta's business sector is growing fast, and so is the complexity of its employment regulations. For entrepreneurs, understanding the Employment and Industrial Relations Act is crucial to avoid fines and build a stable team. Here is what you need to know about contracts, compliance, and dispute resolution.
Shareholders own the company, but directors run the show. From fiduciary duties to the nuances of wrongful trading, we break down exactly what it means to be a director of a Malta Limited and where the legal boundaries lie.
Dreaming of life on a beautiful Mediterranean island? Malta and Cyprus offer more than just stunning scenery and a relaxed lifestyle; they are increasingly popular choices for both living and establishing a business. Discover the key reasons for relocating your residence or company, why the EU is a smart choice for emigration, and what to consider when setting up a company abroad.
Malta offers a wide range of tax incentives in 2025 that many overlook – from sports courses for children to support for start-up investments and electric vehicles. Proper planning can save you real money. Here are the top 10 tax bonuses you need to know about, explained simply.
Registering a commercial vessel in Malta follows a similar path to private pleasure yachts, but with stricter regulatory hurdles. From the Commercial Yacht Code to survey requirements, here is what you need to know to get the green light from the Merchant Shipping Directorate.
Thinking of moving to Malta? This guide covers the essentials of the Maltese income tax system and social security requirements. With a booming job market in iGaming and Finance, plus attractive tax structures for entrepreneurs, Malta remains a top destination for international talent.
Relocating to Malta with a family brings a unique set of questions: What is the education system like? Is it comparable to the UK or US? How do kindergartens operate? Sabrina Krainer, a mother and DW&P team member living in Malta, shares her personal experiences and practical insights on raising children on the island.
Set up a Malta Limited company with share capital from just €1,165. Benefit from a 5% effective tax rate via the fully EU-compliant tax refund system. A comprehensive guide to costs, process, and compliance by Dr. Werner & Partners.
With tax authorities worldwide tightening rules on shell companies, establishing genuine economic substance is non-negotiable. We explore how relocating your business operations—or yourself—to Malta can satisfy CFC rules and secure your tax structure.
Running a Malta Limited while living in the UK or elsewhere in Europe? We break down how foreign tax authorities view your setup, from permanent establishments to the benefits of a holding structure.
Cyprus is steeped in history, blessed with stunning beaches, and enjoys a mild climate year-round. But there is more to it than just holiday vibes. In recent years, the island has become a magnet for international expats looking to put down roots. So, what makes Cyprus such an attractive destination? From tax incentives to lifestyle perks, here is everything you need to know about relocating to Cyprus in 2026.
We receive inquiries daily from entrepreneurs looking to set up a Malta Limited. While the effective 5% tax rate is attractive, it is not a one-size-fits-all solution. From CFC rules and substance requirements to the €250k profit threshold, we outline the four main reasons why a Malta setup might not be right for you—and when it actually makes sense.
Article by Dr. Andreas Huebner: If you are moving to Malta for work, understanding the legal requirements for employment contracts is essential. While non-EU nationals require a specific residence permit to work, EU citizens enjoy a streamlined process involving simple registration. This guide covers the necessary authorities—including Identità and JobsPlus—and explains which country's laws apply to your contract.
When looking to optimise your corporate tax burden, moving operations abroad is a common consideration. However, this decision requires careful planning—setting up a shell company is no longer a viable strategy. We compare two of the most popular jurisdictions, Malta and Cyprus, to explain why Malta often comes out on top for international business owners.
Yachts are timeless assets, whether for business or leisure. Beyond choosing the vessel itself, the jurisdiction of registration is a crucial decision. Malta has established itself as a prime location for yacht owners, offering distinct advantages in terms of VAT efficiency and operational flexibility.
When setting up an international company, planning is everything. At DW&P, we believe in total transparency. You need to understand not just the incorporation process, but the ongoing obligations to the tax authorities. Every Malta Limited requires an annual audit—here is what you need to know about the process and why clean bookkeeping is the key to success.
The remote gaming industry in Malta has seen massive growth, driven by a competitive tax regime and the prestigious reputation of the Malta Gaming Authority (MGA). Holding a Malta license has become a gold standard for operators, signaling trust and stability to players worldwide.
Yacht registration is a frequent topic of discussion among our clients. We explore why re-flagging a vessel or fleet to Malta is often a strategic move. From the reputable Paris MoU status to the advantageous tonnage tax system, discover how the Maltese flag can optimize your maritime operations.
Many dream of a better life in the sun, but few consider the reality of working abroad or the complexities of international tax residency. For entrepreneurs and business owners, however, Malta offers a unique combination of lifestyle and fiscal advantages. Here is a realistic look at relocating to the island.
Setting up a company in Malta means you will eventually need a local corporate bank account. Whether you are relocating to the island or remaining in your home country as a shareholder, the banking requirements differ significantly. Here is what you need to know to navigate the process and remain compliant.
Opening a corporate bank account in Malta requires patience and preparation as regulatory standards continue to tighten. In this updated overview for 2026, we examine the current banking landscape, profiling major institutions like BOV, HSBC, and BNF, and explain how to navigate the account opening process for your Malta Limited.
This enchanting island in the eastern Mediterranean is famous for its archaeological wonders, sun-drenched beaches, and crystal-clear waters. Divided into a Greek south and a Turkish north, Cyprus offers pristine natural paradises for those in the know. Here are 10 of the most picturesque places to discover.
Establishing a company abroad is no longer just for multinationals; SMEs and entrepreneurs are increasingly using structures like the Malta Limited for expansion and tax optimization. While you can handle daily operations, specific areas like incorporation and accounting require professional support.
At DW&P Dr. Werner & Partners, we often see clients eager to get their company incorporated and bank account opened. While we are also excited about the first tax return, we always advise a bit of patience. But why wait when significant tax savings are on the table?
Malta offers compelling opportunities for both private individuals and companies to optimize their tax position. Located in the heart of the Mediterranean, the island has developed into a reputable financial hub operating under a legal framework grounded in EU law. With a network of over 50 Double Tax Treaties and a unique corporate tax refund system, Malta stands out as a strategic location for business.
Are you looking to reduce your corporate tax burden by incorporating abroad? Malta offers a secure EU jurisdiction with a robust economy, but the setup process has specific requirements. From compliance documentation to economic substance and tax refund structuring, here are three key hurdles international entrepreneurs need to navigate.
Malta’s 5% effective tax rate is attractive, but it is not a loophole for everyone. Strict rules regarding Permanent Establishments mean that local businesses in other countries cannot simply shift profits to Malta. We explain who actually benefits from a Malta Limited and why location-independent businesses are the primary candidates.
A Malta Limited can be incorporated while projects and partner agreements are being prepared. Suitable administration and a clear budget connect the preparation period with your intended business start.
Planning a move to Malta? Securing your residence documentation is a crucial first step. In this guide, we explain how to apply for your Maltese ID card (e-Residence document) and e-ID. We cover the necessary prerequisites, the application process, and how to ensure a smooth transition for EU nationals.
The Cyprus tax system remains a top choice for international entrepreneurs, offering flexibility and attractive residency criteria. With the 2026 reforms now in effect, understanding the new 15% corporate rate, the 8% crypto tax, and the extended Non-Dom benefits is essential. This guide provides a comprehensive overview of the current tax framework in Cyprus.
Relocating to Malta with children? Navigating a new school system is one of the biggest challenges for expat parents. In this guide, we interview an expat teacher who made the move herself, offering insider tips on private schools, tuition fees, and settling in.
There is often confusion surrounding Politically Exposed Persons (PEPs) and how businesses should handle them. Many assume serving PEPs is prohibited or that the term applies only to heads of state. This guide clarifies the definitions, the risks of money laundering, and the necessary compliance steps for onboarding PEPs in Malta.
More entrepreneurs are moving to Dubai than ever before. But beyond the skyline, what does the business reality look like? From the tax framework to lifestyle adjustments, we break down what you need to consider before packing your bags.
Before diving into Anti-Money Laundering (AML) compliance, we must first define what a cryptocurrency transaction actually is. Fundamentally, it mirrors a traditional transaction, with the key difference being the use of digital currency and blockchain technology. This guide explores the unique challenges of crypto compliance, from the Travel Rule to the role of the MLRO.
Malta has established itself as a regulated hub for crypto businesses through the Virtual Financial Assets (VFA) Act. For entrepreneurs looking to establish a crypto exchange, understanding the Class 4 license requirements—from capital adequacy to the 'fit and proper' test—is essential. Here is what you need to know about the legal framework and substance requirements.
Opening a corporate bank account is often the most time-consuming part of setting up a company in Malta. At DW&P Dr. Werner & Partners, we manage this process daily, but strict KYC and AML regulations mean patience is required. Here is why the process takes time and why thorough compliance is crucial for your business.
Will business partners recognise a Malta Limited? Playmobil and Lufthansa Technik show real activity on the island. These examples help explain how the corporate form can fit your own business plans.
In a report published by the UK Financial Conduct Authority (FCA) on 21 May 2021 regarding "common control failings identified in anti-money laundering frameworks," particular concern was raised regarding Customer Due Diligence, specifically "Enhanced Due Diligence" (EDD). The report highlighted, among other things, that some firms' approach to due diligence was insufficient.
The EU has significantly ramped up its efforts to combat money laundering and tax evasion. Following previous initiatives like the Commission's Action Plan, the focus has now shifted to the misuse of shell companies. This article explores the proposed Directive aimed at preventing the use of entities with no minimal substance for tax purposes.
Setting up a Malta Limited offers a legitimate path to tax optimization for the right entrepreneurs. We look at why substance matters, why we reject "letterbox" setups, and which business models actually benefit from the Maltese corporate framework.
The end of NHR access changes relocation planning. Existing benefits remain for eligible holders; IFICI and a comparison with Malta introduce new questions and opportunities.
As more entrepreneurs relocate to Malta to establish substance for their companies, they inevitably enter the local social security system. But how does the Maltese state pension actually work? This guide explains the contribution caps, the benefits, and why the system is structurally different from other European jurisdictions.
Entrepreneurs are constantly looking for ways to reduce their tax burden by relocating their business to a more favourable jurisdiction. However, it is often unclear which country offers the best overall package. When making such a major decision, the headline tax rate should not be the only factor you consider.
In the first of our six-part series on the Maltese banking sector, expert Darren Borg breaks down the regulatory landscape. From the role of the MFSA and the ECB to the shift in compliance priorities, here is what you need to know about how banks in Malta are supervised.
A 20% rate on eligible work income, a ten-year period and life in Portugal: how IFICI brings these opportunities together for qualifying professionals.
Malta is rapidly cementing its reputation as "Blockchain Island." While many of the entrepreneurs we assist with relocation and corporate setup operate quietly, major industry players are now making headlines by moving their headquarters here. Here is a look at why giants like Binance and OKEx are choosing Malta as their new home.
While Malta's tax system often grabs the headlines, it is the island's lifestyle that truly convinces entrepreneurs to stay. From 300 days of sunshine to a thriving international business community, discover why moving to Malta is about more than just fiscal efficiency.
Obtaining a gambling license in Malta requires navigating strict regulations and interacting with specific authorities. This article provides an overview of the Malta Gaming Authority (MGA) and the Malta Remote Gaming Council (MRGC), explaining their roles in the licensing process and ongoing compliance.
In June 2021, Malta became the first EU member state to be placed on the FATF grey list, sending shockwaves through the financial services sector. Just twelve months later, following rigorous reforms and increased enforcement, the country has been successfully removed. Here is how Malta turned the tide.
Moving to Malta is not just about tax efficiency; it is about the lifestyle. Having relocated here myself years ago, I know exactly what the transition feels like. From 300 days of sunshine to a thriving international business community, here is an honest look at life on the island.
With over 300 days of sunshine and a favorable tax regime, Cyprus is a magnet for international expats. In this guide, we weigh the pros and cons of island life—from the Non-Dom program to the rising cost of living—to help you decide if this Mediterranean haven is the right move for your business and lifestyle.
Deciding to start a business and relocate is a major step that requires careful planning. As an EU member state, Cyprus has become a hotspot for international entrepreneurs. Beyond its Mediterranean climate, the island offers a highly competitive tax system and strategic benefits that make it an ideal location for business operations.
Are you considering a move to the Mediterranean? From 300 days of sunshine and a relaxed lifestyle to thriving career opportunities and tax efficiency, discover why relocating to Malta offers the perfect work-life balance for expats.
The Financial Action Task Force (FATF), also known as the 'Groupe d’action financière', is an intergovernmental organisation established in 1989. Its core mission is to develop policies to combat money laundering, terrorist financing, and proliferation financing. The FATF Grey List highlights countries that have not adequately demonstrated the necessary safeguards against these financial crimes.
The Malta Financial Services Authority (MFSA) has introduced the Financial Instrument Test to classify DLT assets. This guide breaks down the three key stages: the Virtual Token test, the MIFID test, and the E-Money test, determining how your crypto asset is regulated in Malta.
Dubai's new Corporate Tax Law came into effect on 1 June 2023, introducing a standard 9% tax rate for businesses. This guide covers exactly who is liable, how the tax is calculated, and the specific exemptions available for Free Zone entities.
Driven by trade and tourism, Dubai has seen massive growth in recent years, attracting entrepreneurs with its booming economy and investment potential. While the opportunities are significant, moving a business there requires a clear understanding of the local landscape. Here is an overview of what you need to consider before making the move.
Many entrepreneurs overlook the concept of "tax justice" when moving to Malta, yet it is vital for EU compliance. We explain why the Malta Limited tax refund system is non-discriminatory and how it withstands legal scrutiny.
The Malta Financial Services Authority (MFSA) has issued a stark warning regarding the fraudulent entity "Bitcoin Revolution." We look at how Malta is protecting its reputation as the "Blockchain Island" and why strict regulation is the key to sustainable innovation.
Malta and tax transparency—do they really go together? Absolutely. In this update, we revisit Finance Minister Edward Scicluna's clear stance on the issue. Despite frequent international criticism, Malta remains a jurisdiction defined by strict compliance, British legal principles, and a robust commitment to the rule of law.
Many people relocating to Malta consider bringing their car with them. Given that vehicle prices on the island are significantly higher than in other countries, this often seems like a smart financial move. However, there are several crucial factors to weigh up before deciding to ship your vehicle.
Relocating to Malta? You might be thinking about bringing your car with you. Before you ship your vehicle, you need to know about the local driving conditions, parking availability, and most importantly, the potentially steep registration tax that applies to imported vehicles.
Moving to Malta involves navigating a fast-paced real estate market. Whether you are looking to rent or buy, understanding the role of agents, the best times to look, and the hidden quirks of online listings is essential. Here is what you need to know about finding your ideal home on the island.
European finance ministers recently gathered in Malta, where Finance Minister Scicluna addressed concerns regarding tax avoidance. Responding to a Reuters report suggesting Malta sought to slow down progress, Scicluna clarified the country's position and commitment to international standards.
Cyprus is particularly attractive for families with children: international schools, cheaper than Malta, safe and Mediterranean. This guide covers everything families need to know – school system, cost of living, healthcare, taxes and the best cities for families.
Buying a home in Cyprus offers more than just a Mediterranean lifestyle; it brings distinct tax advantages. Recent changes to the law allow buyers of primary residences to benefit from a reduced VAT rate. This guide explains the new regulations, eligibility criteria, and transitional periods for property buyers.
Costa’s resignation brought fresh uncertainty to the NHR debate in 2023. See what followed, which benefits existing holders retain and how to approach your location plans today.
The iGaming sector is a cornerstone of the Maltese economy, and it is expanding rapidly. As more companies relocate their operations to the island, the demand for international talent is skyrocketing. From developers to support staff, opportunities are plentiful for those looking to advance their careers in the Mediterranean.
Are you tired of the constant hustle and grey skies? I know the feeling well from my time in London. Here is why I traded the big city rush for the Mediterranean lifestyle of Malta—and why I have not looked back since.
Sun, sea, and sand are usually the first things that come to mind when people think of Malta. But this small Mediterranean island offers far more than just picturesque coastlines and 300 days of sunshine. From unique traditions and linguistic quirks to surprising social dynamics, here are 40 fascinating facts that reveal the real Malta beyond the tourist brochures.
Malta’s Finance Minister Edward Scicluna has announced a new task force to ensure international companies in Malta are playing by the rules. The initiative aims to tackle tax avoidance and ensure a level playing field for local businesses by targeting shell companies lacking genuine economic substance.
Projects Malta Limited has been established as a joint venture to elevate Malta's yachting and tourism sectors. With the country already holding Europe's largest shipping register, this new initiative aims to attract high-profile events and further enhance Malta's reputation among yacht owners.
The Maltese government has confirmed the receipt of seven new applications for yacht marinas across Malta and Gozo. Proposals include developments in Sliema, Cospicua, and Marsaskala, highlighting the island's growing status as a premier maritime hub.
E-commerce is growing globally at an average of 18% per year, and Malta is no exception. The Malta Communications Authority has launched a new four-pillar strategy designed to support local businesses and attract international e-commerce companies to the island.
Personal data goes far beyond just your first and last name. The GDPR provides a very broad definition covering any information that directly or indirectly identifies a living person.
We live in a data-driven world, and the old rules simply could not keep up. Here is a comprehensive guide to the GDPR—from the expanded territorial scope and stiffer penalties to the new obligations for businesses and rights for individuals.
In a recently published statement, the International Monetary Fund (IMF) has praised the Maltese government's work. The island's stable economic growth is attributed largely to effective governance, ongoing structural reforms, and the strengthening of both the public and private sectors. However, the report also highlights key infrastructure challenges that must be addressed to sustain this success.
Credit rating agencies play a vital role in global finance. With Fitch upgrading Malta to an A+ rating and DBRS confirming positive trends, the island's economic strategy is paying off. Read more about Malta's fiscal performance and what this stability means for international investors.
Phishing is a cyberattack where targets are contacted by someone posing as a legitimate institution to lure them into providing sensitive data. This includes personal information, banking details, and passwords. Once shared, this data becomes a tool for identity theft and financial loss.
Property prices in Malta seem to know no limits, having almost doubled in recent years. With the highest price growth rates in the EU, locals and investors alike are asking: is a crash imminent? We look at why experts believe the market remains stable.
A recent business trip to Switzerland highlighted the stark contrast between the cold north and Malta's booming economy. From record-low unemployment to a thriving tourism sector, here is why the island nation continues to attract international business and expats alike.
According to the European Commission's 31st Annual Report on Monitoring the Application of EU Law, Malta has been recognised as one of the most compliant Member States in the bloc. With one of the lowest numbers of infringement proceedings, the island nation secured second place, highlighting its commitment to aligning with European standards.
The European Commission's 28th Single Market Scoreboard has once again ranked Malta as a top performer. With a transposition deficit of just 0.2%, Malta secures second place among all Member States, demonstrating its commitment to a robust business environment.
Malta's National Statistics Office recently reported a negative inflation rate of -0.05%, a sharp contrast to the previous year. But does this dip really signal deflation? We analyse the causes—primarily energy and transport costs—and what this means for businesses on the island.
Relocating to Malta involves more than just moving boxes; you also need to get connected. For our clients—especially digital nomads and international entrepreneurs—a reliable mobile connection is essential. Here is an overview of the providers and what you need to know about contracts versus prepaid options.
Italy is Malta’s closest neighbour and perhaps the most well-known reference point for the Mediterranean lifestyle. While the two nations share deep cultural and economic ties, Malta has carved out a distinct path of economic stability. Here is a look at how these two EU states compare.
Malta's public transport system has undergone significant changes in recent years. From the controversial Arriva era to the introduction of the Tallinja Card, getting around the island has evolved. Here is everything you need to know about the current bus system and fares.
What is withholding tax in Switzerland? Switzerland levies a withholding tax of 35% on dividends, interest and certain license income. This tax is deducted directly at source before the income is paid out to the recipient. The high withholding tax can often be optimized through double taxation agreements (DTAs) or a suitable holding structure. How […]
Malta has emerged as the global hub for iGaming – not only for its attractive tax incentives and business-friendly environment but also for its world‐class regulatory framework. For operators looking to establish a compliant and competitive online gaming platform, obtaining a Malta Gaming License represents both a regulatory milestone and a strategic business advantage. Why […]
Located right in the heart of Southeast Europe, Bulgaria offers a strategic geographic location, business-friendly policies, and cost-effective operations. If you want to start a company there, this guide will walk you through the steps and the important factors you need to know. 1. Why Bulgaria? Strategically located at the crossing of Europe and Asia, […]
The dream of emigration is cherished by many people who imagine a better life in the sun. Those who have chosen Malta as a destination for their emigration should be aware of the reality of life on the island. The law firm Dr. Werner & Partner has been active in Malta for many years. As […]
Maltese lease legislation has undergone significant changes since 1948. Over the years, several amendments have been introduced to balance the rights of both landlords and tenants. However, despite these efforts, the results have been mixed. While the intention behind these legislative updates was to ensure fairness and protection for both parties, the outcomes have not […]
If you are considering a career in Malta, the country offers an attractive package for highly qualified professionals with competitive salaries and favorable tax rates. This refers to the “Highly Qualified Persons Rules” (SL 123.126), which allow for a flat tax rate of 15%. Important advantages: Flat tax rate of 15%: Applies to income from […]
Why relocate an existing company to Malta when starting a new one might be easier and more advantageous? Learn more in our latest post! Relocating an existing company to Malta can attract unwanted attention and potential tax implications. Instead, we generally recommend starting a new company (Malta Ltd) to fully benefit from Malta’s business-friendly environment. […]
Summer, sun, beach: when people think of Malta, vacation feelings immediately come to mind. But the small Mediterranean island has much more to offer than just its picturesque coastlines and 300 days of sunshine a year. From traditions and language skills to unique social dynamics, Malta offers a wealth of interesting facts and stories that […]
Protecting your name or logo starts with a suitable registration plan. The EU SME Fund can support eligible activities through vouchers. We explain the current availability and how an awarded voucher fits the process.
Are you considering setting up your business in Malta? Great decision! Malta offers unbeatable advantages for international entrepreneurs, from low effective tax rates to a Mediterranean lifestyle and highly skilled, multilingual workforce. However, the key to a successful start lies in choosing the right partner: a licensed Company Service Provider (CSP). What is a CSP […]
Are you an Operator in the gaming industry? In the dynamic landscape of the gaming industry, opportunities for expansion and reaching new markets are essential for the growth of any operator. Recognizing this need, the Malta Gaming Authority (MGA) has established a procedure through the 2018 Gaming Authorisation Regulation that offers a pathway for companies […]
A fully-fledged EU Member state with a strong economy, stable political and social environment, and a welcoming business scene, it has become a prime jurisdiction for foreign investment and entrepreneurs. But what about living in Malta? If you are thinking about starting a business, applying for a Maltese passport under the Citizenship by Investment Scheme, or […]
You probably know the situation: you have a customer appointment that you would like to hold in a relaxed atmosphere. A lunch or coffee is a good alternative to an office appointment to hold a business meeting. Malta is known for its outstanding cuisine and offers many excellent restaurant options for business lunches. But which […]
Businesses in Malta are constantly on the rise. Whether it being because of the favourable tax regimes, or for the island’s atmosphere, the fact still remains that businesses are spreading faster than ever. This is precisely why, prospective business owners should at the very least have a brief understanding of what the employment laws in […]
Explanation of the importance of having a Bank account in Malta The expansion of the Maltese economy in the past few years has led to an increase in the demand for banking services here in Malta. Consequently, number of existing banks and other Financial institutions had to adapt to conform with such new norms and […]
Remote work gave many people a new sense of freedom. Malta combines English, Mediterranean life and a community of remote workers with a residence route for eligible applicants. Explore daily life, the permit and its particular tax benefits.
Working by the Mediterranean, English in daily life and family alongside you: how the Nomad Residence Permit gives eligible remote workers a route to Malta, with tax benefits and practical preparation.
From June 1, 2023, the Corporate Tax Law will come into effect in Dubai, introducing a new regime for the taxation of companies and businesses. The regulations include a 9% tax rate. In this article, find out exactly who will be taxed, how, and what exemptions are available. On December 9, 2022, the UAE (United […]
On February 16, 2023, Portugal’s Prime Minister Antonio Costa announced that Portugal would end its popular Golden Visa programme. Introduced in 2012 to combat the financial crisis, the Golden Visa programme allowed non-EU citizens who made an investment in Portugal to stay permanently. And this appears to have worked: Since 2012, 12,000 people have moved […]
The term “globalization” refers to the process by which people, businesses, and governments from all over the world engage in more economic and cultural exchange. It refers to the elimination of cultural and economic barriers as well as closer ties and trade between nations. High tariffs (import taxes), border controls, and differences in regulations and […]
Malta’s inclusion on the Financial Action Task Force (FATF)’s list of Jurisdictions under Increased Monitoring (also known as they ‘grey list’) in June 2021 raised quite a few eyebrows in the local financial services sector given that this event made Malta the first EU Member State to be grey listed, despite the fact that subject […]
The security of your brand, product, or company is an area that is frequently missed. It is crucial to remember that your business may one day become your most valuable asset, and having a registered trademark is the greatest way to safeguard it. Trademarking can protect several parts of your brand. In a nutshell, trademarks are […]
Usually experienced entrepreneurs invest in Malta because they understand the numerous benefits that Malta offers to develop the foreign investments, but it is not a general rule. Those who have invested in Malta, agree that Malta offers a great deal more than simply holiday home and villa investment opportunities. Because of Malta’s geographic location, investors […]
In a report published by the UK’s Financial Conduct Authority (FCA) on the 21st of May 2021, concerning ‘common control failings identified in anti-money laundering frameworks’ one particular cause for concern pertained to Customer Due Diligence in particular ‘Enhanced Due Diligence’ (EDD). The report inter alia highlighted that ‘some firms’ approach to EDD is weak […]
Whilst it is safe to say that the process of registering of a Commercial Vessel under the Maltese flag is very similar to that which would need to be followed for the registration of private pleasure vessels in Malta, there are in place a number of requirements which shall be met, for the Merchant Shipping Directorate to give its green […]
Introduction In a modern world, the office of the company secretary has no one meaning and covers a multitude of tasks and responsibilities. The Company Secretary, regardless of the latter term, cannot be associated with a “secretary” in its common sense. There is often a misconception that the role of the company secretary is purely […]
When you think about moving to another country, you usually wonder how high the cost of living is. This is also an important factor to consider when moving to Malta. Depending on where you lived before, Malta can seem either more expensive or cheaper. But what is more important is the cost of living in […]
Introduction As noted in Part I of the article, the office of a company secretary should be described as the company’s administrative officer who is empowered to exercise specific functions and responsibilities under Maltese law. This Part II is intended to provide a closer look at the performed role and daily duties of this officer relating – in this piece – to the first category described below. The company secretary may serve as a focal […]
The usage of excessive cash in normal legitimate purchases can increase the risk of facilitating money laundering, especially through cash generated from illicit activities such as drug smuggling, human trafficking, and tax evasion. Nowadays, especially with the increased use of electronic bank transfers and bank cards and the reduced used of cash and cheque payments, […]
Malta offers skilled workers good career opportunities, especially in the fields of finance, iGaming, game development and IT. The growing market has a high demand for qualified personnel, and there are a lot of vacancies. If you are a member of a EU state you can make use of your right of free movement and […]
The standard decision-making procedure is known as ‘Ordinary Legislative Procedure’, meaning that the directly elected European Parliament has to approve EU legislation together with the Council of Europe. The EU Institutions The European Union (‘EU’) institutions mainly include the European Council, the European Commission and the European Parliament. The EU’s standard procedure for decision making is the ‘Ordinary Legislative Procedure.’ Law is not […]
Introduction In an ever challenging and complicated world, the concept of ‘outsourcing’ has gained further traction amongst subject persons who seek to outsource a portion of their responsibilities with sector-specific experts who might be better equipped to perform key functions. It goes without saying that Regulators in Malta are constantly requesting that licensed entities (in […]
Introduction. More often than not, the terms ‘High-Risk’ and ‘Non-Reputable’ countries are often used interchangeably within the context of Anti-Money Laundering and Countering the Financing of Terrorism (AMLCFT). This is especially prevalent whenever Guidance Notes, Periodic Reports and ancillary documentation is presented to the public and subject-persons (obliged entities). It is not uncommon for practitioners, […]
Introduction; Differentiating between SoF and SoW; Why we ask for this information; When do we ask for this information; Categories and common example of SoW; SoW and SoF in the context of Customer Risk Assessment; How to treat SoF/SoW in the context of On-Going Monitoring; Conclusion; Introduction. Compliance Officers and practitioners are often faced with […]
Many people know that Malta is one of the countries that issues remote gaming licences. What many people do not know however, is that Malta is also very popular with poker players and prestigious tournaments are regularly hosted on the islands. Gambling is legal in Malta, which means that winnings from online gambling can be […]
It is no secret that the iGaming industry is one of the largest industries in Malta. More and more companies are either moving their casino and betting operations here, or new companies are being established. The EU member state Malta is now becoming the number one state for iGaming businesses, and even the large Betclic […]
In the business world, compliance is a very important factor as it is a vital element that provides credibility to the sector and aids in building trust. Said compliance is a major function of a company to its stakeholders and when executed properly, compliance forms the basis behind the why and how of a company […]
Introduction The Companies Act imposes on every company the obligation to hold a general meeting yearly, but what does a general meeting really entail? The general meeting of a company must be conducted once every year, hence why it is called the Annual General Meeting (“AGM”). While a company may call other meetings during the […]
Setting up a company in Malta is not as difficult as you might think it is. Guidelines and regulations for establishment are very clear, and the costs are comparatively low. So, what are the actual benefits that you get when you set up business in Malta? First of all, the most interesting aspect of operating […]
Many countries in the EU and elsewhere apply regulations based on CFC rules (https://en.wikipedia.org/wiki/Controlled_foreign_corporation). Inasmuch as CFC rules are not observed or do not exist, Malta has additionally concluded double taxation agreements with many countries. These cover similar matters including: the requirements relative to substance and/or the organisation of business premises with a view to […]
Introduction. The popularity of Crypto-Exchanges is on the rise. With more entrepreneurs willing to set up these platforms, it makes sense to analyse the important role Malta [now ubiquitously known as ‘Blockchain Island’] is playing in this new realm of innovative cryptocurrency-based services. Quite frankly, given the perceived ‘high risk’ when dealing with Exchanges, Malta […]
The buzzword for alternative fundraising has been ICO for a “long time” – “long” in relation to the short lived technical world we are all working in. In actual terms, the hype lasted less than 2 years. There has been plenty of good and bad news around the ICO, very recently a lot more bad […]
A lot of hype is being generated (and rightly so!) about how Malta is going to regulate and licence virtual financial assets (VFAs) when other countries are treating VFAs as hot potatoes. But what exactly IS regulated licenced? Is it the VFA itself? Is it the company issuing the VFA? What about services relating to […]
The Maltese financial supervisory authority MFSA warns the public against a fraudulent online provider called “Bitcoin Revolution”. In the statement from 25 January on the MFSA website, attention is drawn to the illegal activities of the company. The previously unknown perpetrators advertise their project on a variety of domains, most recently on the website https://the-bitcoin-revolution.org. […]
Security Token Offerings – “STOs” – are currently one of the hottest topics in the blockchain scene. Some experts even claim that they are “The Next Big Thing” and predict that they will soon outgrow ICOs in number and investment volume. But is that actually true? Or is it more of a hype than reality? […]
Many start-ups are considering the question of whether they should carry out an ICO. Besides locations such as Switzerland and Liechtenstein, the option of an ICO in Malta is increasingly being discussed. That is little surprising, given that Malta is not only an internationally renowned financial centre, but has also become known as the “Blockchain Island” […]
Anyone in the tax industry in Malta will have become increasingly familiar with the term ‘tax haven.” Tax havens were widely reported on by the media this year, so much so that the criminal machinations of a number of business owners have been exposed to the public. Some of these had actually commissioned the operation of […]
Malta has had interesting ups and downs with the public transport system in the last few years. When the Arriva group reformed the public transport in Malta in 2011 the opinions of the Maltese were mixed. Especially the bus drivers were not happy about the changes, and they would have preferred keeping the old system […]
When Malta joined the European Union in 2004, the country introduced an interesting taxation structure aimed at foreign companies to move their business to Malta and invest in the country. The plan has succeeded, and since then many companies have established their business on the islands. Every company that is registered in Malta will have […]
Over the centuries the island nation in the heart of the Mediterranean has become a bastion for many nations to use the island as a strategic military position. The first fortifications were built in 1450 BC – walls to protect villages. Over the centuries the Maltese built walled cities, forts, citadels, towers, defensive installations and […]
Malta is not only popular for the hot weather in summer and great economic situation, it is also a popular destination for scuba divers. There are many diving schools, and it is possible to obtain many different certificates. Malta has particularly clear waters, and very diverse underwater landscape and sea life. You can find reefs, […]
The facts and legal position of the sports betting submission procedure Ince (case C-336/14) continues to be considered illegal by the European Commission. Because of this, sports betting operators from within Europe should not be restricted in the German market. The licensing procedure is also not transparent enough. In March 2014, the district court of […]
Over the centuries the Maltese cuisine has been greatly influenced by neighbouring cultures and nations that occupied the islands. The main style is Mediterranean, but it has strong influences from Italian, Middle Eastern, Arabic and British cuisine. Despite the small size of Malta there are even regional specialties, such as Gozo cheeselets. Many vegetables are […]
The independent research centre Numbeo has recently conducted a survey comparing the health care systems in the world. According to the survey Malta’s health care system was ranked on the 2nd place in Europe. France was ranked on the first place, with a health care index score of 82.95, closely followed by Malta with 82.18 […]
The island Sicily is the closest neighbour to Malta and Gozo. The largest of the Italian islands is situated around 90km north of Malta, and due to its proximity it is one of the most important trade partners of Malta. Many foodstuffs and goods in Malta have been imported from Sicily, and the island has […]
Malta is famous for its hot summers and all the great summer activities that come with it. But what about the winter? Many people just come to stay for the summer, and they leave again before the winter starts. However, the islands have a lot to offer in the colder season, even though the winter […]
The island nation Malta in the heart of the Mediterranean is a famous remote gaming jurisdiction, and so far the regulatory body (Lotteries and Gambling Authority) has issued over 300 gambling licences. But what makes this licence so popular? In this article, I would like to highlight some of the benefits of operating a remote […]
The IIP (Individual Investor Programme) of Malta offers non-European nationals the opportunity to acquire the Maltese citizenship. This citizenship can be acquired by individuals and their immediate families if a contribution is made to aid the development of Malta. Not everyone can apply for the programme, and nationals of Iran, Afghanistan and North Korea are […]
The online casino industry in Malta is one of the most popular casino jurisdictions in the world and over 300 internet casinos and sports betting operators have a licence from the Lotteries and Gaming Authority in Malta. However, there are also a few classy land-based casinos on the island, and today I would like to […]
The film industry in Malta is a small yet famous sector of the Maltese economy. The Maltese islands have served as filming locations for many international movies. The latest Hollywood movie has just finished filming. The movie By The Sea is produced by Angelina Jolie, and she and her husband Brad Pitt are the two […]
In recent years Malta has become of the most favourite countries for online casino and sports betting operators. The licence has a great reputation not only with operators but also with players, as player protection has one of the highest priorities, and the financial situation of the operators is regularly checked. However, the financial and […]
Almost 98% of the population of Malta are catholic and there are 365 churches on the island. With a strong religious history, it is only natural that there are still many religious traditions anchored in society. However, the people on the island are changing their policies with a fast pace, keeping up with the rest […]
eCommerce has become a very important factor for retailers and online retailers across the globe. The market for global online retail has been growing on an average of 18% per year. In comparison, sales conducted through other channels are only growing by 1.3%. This means that more and more people are utilising the Internet to […]
Malta offers interesting opportunities for individuals and companies to save taxes. The island in the middle of the Mediterranean has become a reputable financial centre with legislations for professional secrecy money laundering that are based on European laws. Malta benefits from an extensive double taxation treaty network with over 50 countries, and also offers a […]
It has become common practice to change the flags of ships. Reasons for this are often lower personnel costs, non-wage labour costs and operating costs which are mandatory in most countries. Especially commercial shipping companies often have a huge advantage when they change their flag. If there a cost reduction of 15-20% is possible, it […]
There are a number of different banks operating in Malta. Some of them are of Maltese origin, others are branches of larger international banks. Today, I would like to introduce to you some of the more popular banks for businesses in Malta, and I would like to give you some information about what is needed […]
Malta is one of the few European countries that issue remote gaming licences and regulate the market. The LGA (Lotteries and Gaming Authority) has a very good reputation with the companies and the players, as they apply strict regulations with regards to random number generators, payouts, player protection, gambling addiction and general compliance of the […]
Malta’s leading Internet and telephony provider, Melita, has announced that their project to double the data centre capacity is expected to go live in early 2015. They are also planning to increase the data colocation services of the company tenfold. The new data centre in Malta is part of a €60 million investment that is […]
It is the first time that four major productions are all being shot at the same time in Malta. This is a major boost for the film industry on the islands, and puts Malta even more into the spotlight as a great shooting location. Clavius: the biblical drama featuring Joseph Finnes and Tom Felton is […]
The Lotteries and Gaming Authority (LGA) in Malta enjoys a great reputation with online gambling operators and players all over the world. Strict regulations and regular testing ensure that players are safe, and protection of the player has top priority. The regulatory authority offers four different classes of licences, depending on what product the operator […]
SmartCity Malta is located in Kalkara, on the east-coast of Malta, just south of Valletta and the Three Cities. The development of the technology park started in 2008, and the first offices were completed in 2010. The project should be completed in 2021. The idea of this township is to create an area dedicated to […]
Malta offers its visitors not only temples that are older than the pyramids and the smallest capital in the world, but also a lot of fun. On our website you can find some background information about the history of Malta, the population and the economy. With this in mind, Malta seems to be a very […]
“No one in the world knows Malta, how can you possibly start a company there!” This is what my friends and acquaintances told me when I told them about my plans of moving to Malta to work in the office of Dr. Werner & Partner. I would say it took me about five minutes to […]
Italy is the closest European neighbour to Malta. We all can think of something when we hear the name Italy, as Italy is just much larger and more present than Malta. These two EU states are connected in many ways, and in today’s post I would like to illuminate some of these points in more […]
You may have already heard, that it is possible to ‘buy’ a Maltese passport. Non-EU individuals can obtain a Maltese citizenship. However, it is not just a matter of money, there are also strict requirements on who can obtain a Maltese passport. It is basically not just the purchase (even though it does not come […]
There are many tourists on the island enjoying the summer in Malta. Who would not if they had 12 hours of sunlight and temperatures above 30° every day? But even in Malta the weather can be bad every now and then. I am not talking about the sudden thunderstorms that flood the streets, but the sandstorms […]
In today’s post I would like to talk a little bit about the capital of Malta. Maybe you did not know it yet, but Valletta is the smallest capital in Europe. It is safe to say that this tiny city is a living monument of architecture. And this is the reason why Valletta was declared […]
If you have already visited Malta, you probably know what I am talking about when I speak about the Maltese traffic. Congested roads, accidents, honking cars and stressed drivers are on the daily agenda. But why is it that so many Maltese people use their cars to go to places? It seems almost as if […]
It takes about 6-7 times longer to acquire a new customer than to sell services to an existing client. It is also undisputed that 80% of the revenue are generated by 20% of the customers. These figures have been proven in many studies, and they show one thing: good customer service is worth it. Unfortunately, […]
What is the small Mediterranean island actually known for? Language schools, a sunny climate and increasingly also for the tax relief programs. However, many entrepreneurs who are thinking about settling in Malta do not know that Melita offers the fastest Internet connections in Malta. Melita is the largest Telecommunications- and Internet service provider offering connection […]
A client who wants to move to Malta to lower his personal tax burden recently asked me what to expect when moving to Malta. A move to Malta is not only interesting for companies, but also for individuals. It can be worth it for individuals to profit from the non-dom status. It is also interesting […]
When reading about tax burdens in Europe for the first time, you might notice that several countries are often lumped together. Since the economic crisis started, the European Union had to pay for some highly indebted countries to save them from bankruptcy. This lead to some countries being looked at more closely, and the bad […]
As a resident of Sliema, Malta, I can tell you that water and electricity are comparatively expensive by European standards. Especially when compared with Germany or the United Kingdom. However, there is a simple explanation for this. Malta is one of the most arid countries in the world, and has to import water, as reverse […]
When forming a Maltese company there are many standard procedures that must be followed, but they have become second nature to me since I have started working for Dr. Werner & Partner. There is of course the registration and tax advice, but when forming a new company there are other factors to consider as well. […]
The registration of a yacht in Malta is not a complicated matter per se. However, you should put some thought into the country you are going to register in, and under which flag you are going to sail. The yacht registration is not only a matter of prestige, it also has some useful effects. Operational […]
We have received significantly more inquiries recently about gaming licenses, the application process and licensing. Because of this, I would like to give more details about the subject, and present to you three important arguments that advocate obtaining a gaming license in Malta. Usually, the purpose of applying for a gaming license in Malta would […]
In most cases the reason for founding a company outside of Germany is to save taxes or alleviate one’s or the company’s tax burden. In times when the only economically liberal party in Germany does not collect enough votes to enter the Bundestag, it is in my opinion a legitimate concern if your own interests […]
Corporate Services at DW&P Dr. Werner & Partners are provided by DW&P Services Ltd. (C 103208) which is regulated by the MFSA and is licensed under Authorised Person ID: DSER-23577 to carry out the activities of a Class C CSP in terms of the Company Services Providers Act (Cap. 529 of the Laws of Malta).