Since joining the EU, foreign investment and establishment has increased on the island located in the Mediterranean sea. The industries that are very popular here are IT companies including igaming, support and call centers. High-tech and financial services begin to take over the employment market.
However, not just companies choose Malta. Individuals see opportunities to invest on the market as well. One of the biggest reasons that businesses and individuals choose Malta is that everyone speaks English, which contributes to that the establishment process is relatively straightforward.
Malta is also famous for being a tax haven for foreign companies. This is true, but one advice is to contact a Maltese company to find out exact the figures for your business. There are companies on the island that have offices both in Stockholm and on Malta and have great knowledge of both markets.
These companies will be able to help you with different services. You will be able to find a number of companies online. In addition, there are companies that specialize in foreign investments.
Starting a business on Malta
A company must be registered at the Registry of Commerce and must pay a registration fee.
This cost will be between 350-1,750 Euro depending on the business and revenue. After that, the Registry of Commerce will issue a special registration certificate which you need in order to start a business.
The Tax legislation has its advantages and enhance Malta's ability to attract foreign companies wishing to use Malta as a base for international operations.
Cecilia Helland