Corporate Tax In Malta
Malta Corporate Tax System – Detailed Overview For Companies
35% Tax Refund in Malta’s – Who Can Claim it Back?
Tax Planning in Malta Malta has evolved into a reputable financial centre that is envied for its flexibility and competence. Leaving its distant offshore past well behind, Malta gained accession to the EU in 2004 and has today developed into a reliable, well-regulated...read more
Capital Gains tax in Malta is charged to any gains or profits which comes from immovable property, securities, business goodwill, trademarks, copyright, patents, trade-names, trademarks and beneficial interest from a trust being transferred. In this case, "securities"...read more
Malta's Minister for Finance, Professor Edward Scicluna, has welcomed the release of a report authored by the Organisation for Economic Co-operation and Development (OECD), which shows Malta's tax compliance rates highly among the top economies in the world. Malta has...read more
When it comes to income tax Malta has it’s own specific regulations. For starters, annual returns need to be filed either a) within the 9 month period that follows the offical end of the businesses’ fiscal year or b) March 31st (whichever comes first). Tax returns are sent directly to the Commissioner for Revenue in Malta or they can be filed online on their website and you’ll receive a receipt immediately.read more
The Maltese rates of taxation are amongst some of the most attractive in the European Union. The system adheres to the specific guidelines set by the OECD, is within the jurisdiction of a white listing and has the approval of the European Commissionread 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.