Tax residency

Setting up a business or relocating an existing company in a foreign country is definitely a complicated and challenging process. There are lots of aspects to be taken into account and formalities to be handled. Moving to a foreign country also means to change the whole life drastically, which is a stressful experience. Intercompany Solutions is always ready to help! We offer entrepreneurs and investors solutions of any problems related to this rather difficult matter.

When moving to a foreign country with an intention of setting up a business, many different aspects should be taken into account. This will determine the future of a company and its growth. Knowing the country you’re moving in for starting a business is half the success. Local culture, language barrier, tax regulations, current political situation and market research have a strong impact on a business growth.

An experienced and competent staff of Intercompany Solutions is eager to assist with the following matters:
1) Tax regulations and incentives
2) Residency permits
3) Accommodation
4) Business-related formalities
5) Finances and banking

Malta is one of the most interesting jurisdictions when it comes to applying for a tax residency. There are three types of residency permits in the country: a Malta Ordinary Residency which is aimed at EU nationals, a Malta Global Residency which is aimed at non-EU nationals, and a Malta Golden Visa.

The global residency is the most popular amongst NON-EU foreign investors. It allows the holder to travel, work, and build a new life in Malta. It allows you to explore this attractive country as well as other countries within in the Schengen area without obtaining an external visa.

Malta Ordinary residence (EU citizens)
In order to apply for the Ordinary Residence scheme in Malta you need to be an EU or EEA national, you have to be able to provide evidence of financial independence, you have to purchase or rent a property or a piece of land in Malta, and you must have full health insurance before you apply. Medical tests might be conducted if need be.

MALTA Global residence program (Non EU)
The program is open to non-Swiss, non-EU and non-EEA nationals. One application can cover the main applicant, his family and dependents.  Malta and her position in the Schengen Area Treaty give applicants of the Global Residence program a residential permit to be able to travel freely within the EU. The minimum tax per family stands at 15,000 EUR, any additional income  can  be structured for 0% taxation.

Malta Golden visa
The Golden Visa Programme is open to non-EU nationals and it makes provision for the family and dependents to be included. The applicant must provide proof that he or she makes an annual income of at least 100,000 EUR and has at least 500,000 EUR in their possession. This will result in free travel in the whole EU area.

Taxation in Malta

The basis of taxation in Malta is dependent on your local source of income. The system is very beneficial for entrepreneurs due to the low tax rate posed on foreign income which is 15%. There is no tax on capital gains outside of Malta, on dependent family members, or on inheritance tax. The tax rate for local business is 0-35% and the double tax treaty relief is available.

If you would like more information about how the Maltese taxation system and immigration to Malta can benefit your company contact us today. We will provide you with all the information you need and help you in the process of starting a Maltese business.

Business residency
Business residency Europe

Tax Residencies

– The Netherlands
– Germany
– Bulgaria
– Cyprus
– Malta
– Dominica

– Grenada