Corporate Tax In Malta
Tax Advisory Services – Reliable Tax Planning
Professional and reliable tax planning in Malta. A full suite of services related to company formation, tax advisory and professional services for starting and running your business in Malta.
Malta Corporate Tax System – Detailed Overview For Companies
Malta introduced a fiscal unity rules on the 31st May 2019 allowing a parent company to be the principal taxpayer for its direct and indirect transparent subsidiaries. The rules for a fiscal unity allowing a consolidated group income tax return enter into force from...read more
Malta has become a popular choice with investors in recent years, many of whom have chosen to base their businesses on this Mediterranean island since it joined the European Union and the currency changed to the Euro, in 2008. Malta offers corporate tax rates that are...read more
Due to the fact that Malta reconfigured its corporate taxation framework in 2007, it is important to appreciate how these changes might affect businesses as well as to develop a thorough understanding of the principles associated with common Malta corporate tax issues.read more
Malta may not exactly be a tax haven, but the very laws that keep things so steady also inform international investors on exactly where they stand. There are also opportunities for those who wish to receive a tax refund in Malta so long as they go about investing in the right way.read more
The Tax Compliance Unit in Malta (TUC) is a specialised unit within the Ministry of Finance and works towards addressing tax evasion and tax fraud. The unit supports the investigations and enforcement abilities of the Inland Revenue Department, the VAT Department and...read more
Submitting your VAT declaration in Malta is a simple process that only takes a few minutes to complete through the Internet.
In 1998 a law was introduced requiring those responsible for operating businesses, or people who are self-employed in Malta to submit details to their Value Added Tax (VAT) Department. If you want to apply for VAT in Malta the information provided here will help you navigate your way through the steps you need to take and what to do if you are applying for VAT.
The VAT Act governs Malta’s value-added tax. It works hand in hand with its subsidiary legislation, which is concerned with company and individual registration for VAT. As per the law, natural people and legal organisations that carry out economic activities are taxable.
Value Added Tax (VAT) was first introduced in Malta in 1995 although the system has gone through many changes since its conception. Most notably, was when Malta joined the European Union (EU) in 2004 and the VAT rate was aligned to the rate dictated by the EU’s Council Directive. The current VAT rate is 18% and the tax is paid on most transactions that occur on the island, although some products and services attract a lower rate.