Legal Notice 344.2002

Recent changes to the law of Malta have introduced the concept of redomiciliation of foreign companies to Malta. In terms of the new amendments to the Companies Act and in terms of Legal Notice 344/2002, companies that are incorporated outside of Malta may change their domicile to Malta under certain terms and conditions. Foreign companies that wish to register in Malta now need not wind-up their foreign business and re-incorporate in Malta, but can instead move their domicile to Malta while the former company set-up remains in existence.

Our Corporate Services Team assists EU and non-EU enterprises seeking to take advantage of Malta as a tax-efficient European business base with advanced financial, telecoms and e-commerce facilities such as Malta.

Transfer of Company Domicile to Malta.

• Foreign companies can register in Malta without winding-up their foreign business

• No need for re-incorporation in Malta

• Transfer of domicile to Malta while the old company set-up remains in existence

• Redomiciled companies can take status of ITC

Types of Malta Companies.

• Malta Trading Companies

• Malta Holding Companies

• Malta Betting / Gaming Companies

• Malta Shipping Companies

• Foreign Companies redomiciled in Malta

Malta International Trading Companies "ITCs".

• Onshore European companies

• Normal corporate tax rate on worldwide income at 35%

• Tax Refunds to non-resident shareholders of up to 31%

• Possible Effective Tax rates of 4%

• Favourable double-taxation agreements with key countries.

• Confidential shareholding possible.

• Fast-track incorporations (24hr service)

Malta International Holding Companies "IHCs".

• Tax-efficient European onshore holding company

• Normal corporate tax rate on worldwide income at 35%

• Possible effective tax rates on holding income of 0-6.25%

• Confidential shareholding possible.

• Fast-track incorporations (24hr service)

Our Service

• Advanced Revenue Rulings confirming tax-advantage status for 5 yrs

• Virtual office services

• Confidential shareholding services through our licensed Nominee Company

• Bank account opening & admin services, credit facilities & project finance

• Company secretarial service

• Book-keeping, Accounting & (external) Audit services

• Location of commercial property/office space on sale or for rental in Malta

For more detailed information, please contact our Corporate Clients Unit  [contact info here]