Business In Malta

If you're looking to establish a business in Malta, it's important to understand the country's tax system. Taxes in Malta can be complex, with different types of taxes, incentives, and deductions to consider. To help you navigate this maze of tax regulations, we've put together a comprehensive guide for business owners.

Malta is a small Mediterranean island nation known for its warm climate, stunning coastline, and rich cultural heritage. However, it is also a business-friendly destination that attracts entrepreneurs and investors from all over the world. With its stable political and economic environment, advantageous tax system, and strategic location, Malta has become a hub for company formation and international trade. In this article, we will provide a comprehensive guide to company formation in Malta, including the benefits, requirements, and process.

Every business requires a business account in order to operate successfully. Any size of business, whether self-employed, freelancers, start-ups or large corporations, a business or personal account is required in order to receive and send payments.

An offshore company can be described as an entity registered outside the country where it’s mainly operating in. The term offshore refers to the company not being resident where it is formally incorporated.

Companies that are opening an iGaming business in Malta need to apply for a valid gaming licence, which is granted by the Malta Gaming Authority (MGA). In order to receive such a license, the applicant needs to go through a lengthy application process, which in some cases, can take up to 18 weeks. There are various Gaming license types in Malta and one can choose to either apply for a B2C license or a B2B license.

Malta is an attractive and reliable leading destination for opening and operating iGaming companies. The island has been gaining popularity since 2004 when it became the first nation in the European Union to legislate online gaming.

When it comes to opening an iGaming company in Malta, one has to be aware of the lengthy license application process, license types depending on the type of gaming desired and the tax and administrative fees required by the Malta Gaming Authority (MGA).In this article, we will explain the tax treatment for iGaming Companies in Malta and highlight all the fees that need to be paid, depending on the type of gaming company being set up.