Malta Company Formation in 2024

Advantages of a Malta Company

Malta Company formation has strong economic ties with EU countries, but also with states outside the European Union, which acts as a great advantage when it comes to foreign investments for economic growth, strategic location and its taxation system. The Maltese Government has designed different programs and schemes providing incentives or tax deductions for foreign investors from various industries. Some of these incentives refer to the easiness of registering a company in Malta. Foreign Direct Investment in Malta increased by 20840.40 EUR Million in the fourth quarter of 2023. Foreign Direct Investment in Malta averaged 4507.69 EUR Million from 2003 until 2023, reaching an all time high of 20840.40 EUR Million in the fourth quarter of 2023 and a record low of -1288.40 EUR Million in the fourth quarter of 2013.

Fitch Ratings has reaffirmed Malta’s 'A+' credit rating for 2024 with a stable outlook, reflecting the country’s strong economic performance while noting potential fiscal risks ahead. Previously, the agency anticipated a 4.1% growth for 2024 and 3.7% for 2025. The updated projections now stand at 5.7% for 2024 and 4.3% for 2025. Read more about Maltas Economic Growth Outpaces EU with Revised 5 Percent GDP Forecast for 2024

The corporate tax rate can be as low as 5% for foreign-owned Malta registered companies when properly structured f.e. under the rules of the Malta Income Tax Consolidation for Companies.

Registration of a public and private company is a relatively quick process. If the companies legal documents with all supporting documentation complete in good order delivered to the Registrar, within a week of delivery the certificate of incorporation will be issued. A company setup in Malta provides an effective, EU-based solution.

No clearance is required by public authority in Malta for incorporation of a company on the basis that the Maltese company carries no activity, business or service out which requires a licence or is otherwise regulated under, the Gaming Act, the Banking Act, the Financial Institutions Act, the Investments Services Act, the Financial Markets Act, the Insurance Business Act, the Insurance Intermediaries Act, the Retirement Pensions Act, the Trusts and Trustees Act, the Special Funds Regulation Act or the Company Services Providers Act.

However, the National Foreign Direct Investment Screening Office has been set up in order to implement the provisions of Regulation (EU) 2019/452 establishing a framework for the screening of foreign direct investments into the Union. The said shall be responsible for screening new FDI projects, joint ventures with a foreign component and the transfer of any shares and/or controlling interests in existing companies where the owner, titleholder or ultimate beneficial owner originates from third countries, means that any country which is not a member of the European Union.

Other advantages of setting up a company in Malta

Tax advantages:

- 0% for non-EU digital nomads: If you earn income outside Malta, you can benefit from this scheme.
- 5% for the Limited: Companies operating in Malta only pay 5% corporate tax.

Investment tax credits: There are ways to reduce taxes through investments.

Entrepreneur-friendly: Malta offers a favorable business environment and low start-up costs for various legal forms.

Formation-Costs: The costs to setup a maltese limited depending on the activities carried out by the company, the residency of shareholder/s and various connections. Therefore formation costs are a result of the circumstances. Our legal fees starting from just 500 Euro. Please contact us for a detailed quote.