A limited liability company is one of the most popular business forms registered in Malta. This acts as a seperate entity from that of its shareholders and attracts hundreds of foreign investors, due to its attractive tax treatment.
Malta, a business hub in the centre of the Mediterranean, attracts many foreign entrepreneurs to carry out their business activities and invest in Malta. Apart from the many incentives offered, the island also acts as a gateway to the European Union.
Maltese foundations are also known as non-profit organiszations(NGO’s). Their popularity increased in Malta over the years, due to an attractive regulatory regime in the Civil Law and Voluntary Organisations Act. This was adopted in 2008 and is the same law that regulates the fiduciary obligations and trust in Malta. One of the main differences of a foundation when compared to a regular organisation is that, they must be set up for their legal personality and in some cases, they can also be utilised as a shareholder in a Maltese limited liability company.
The process of going to work in Malta is changing. Due to the coronavirus outbreak, the World Health Organization is advising to minise contact and interactions. Thousands of employees and self employed individuals are having to work from home and many companies operating with virtual office spaces. From small to large, companies are implementing remote work policies.
The lasting relationships between the Islanders of Malta and many other relationships has played an instrumental role in giving birth to new cultures. A noteworthy heritage of the Islanders is the Maltese cuisine that is as a result of broad-range mix of Mediterranean cooking with an array of tastes pleasant to your taste buds. The restaurant scene in Malta is always a buzz of activities with a special blend of both specialty restaurants and local eateries that will serve you their different versions of the tasty island cuisines.