Malta has established itself as a growing, successful financial centre in the heart of the Mediterranean. A full member of the European Union as well as a member of the European Monetary Union as well as full compliance with policies and directives of International Organisations such as the Organisation for Economic Co-Operation and Development (OECD), have resulted in the excellent reputation of Malta and its growing attractiveness for investors, financial services firms and practitioners alike.
The Republic of Malta is composed of three major islands – Malta, Gozo and Comino. Located 93 km South of Sicily and 288 km East of Tunisia, the strategic location of the Maltese Archipelago has contributed and will continue to be an important factor accounting for the growth of the islands as a platform to Europe and North Africa.
- A stable political and economic environment with a pro-business attitude from Government and practitioners alike
- Malta has a single regulator of financial services – Malta Financial Services Authority (MFSA), that is responsible for all licensed financial services activity on the island. The regulator is strong yet flexible in its approach fostering the development of the financial services in Malta
- Highly qualified workforce coupled with lower running costs, rents and wages when compared to other European jurisdictions
- Excellent connections by air transport by the national carrier Air Malta to many European and North African destinations as well as a large number of international carriers operating to and from Malta
- A major transhipment hub with the Malta Freeport being highly successful in the Mediterranean region for transhipment operations
- A convenient time-zone for business: one hour ahead of Greenwich Mean Time (GMT) , Malta is in the Central European Time (CET) zone
- English is an official language in Malta together with the Maltese language and English is the official language of business and education
- Well-developed telecommunications infrastructure
- A legal system that largely incorporates best practices from the civil law system and the common law world. The hybrid system of law has resulted in a unique concoction of common law elements superimposed on a civil law foundation
- Tax efficient environment: characterised by a full imputation system and highly extensive double taxation treaties with over 50 countries.
- A ‘White List’ Jurisdiction with a plethora of vehicles to facilitate financial operations and fiscal incentives rendering it a suitable jurisdiction for the conduct of business