Malta and corporate taxes, despite being one of the European states and using the single currency, it has often been falsely considered a tax haven like Panama, not thinking that the latter State has a taxation and a corporate management very similar to that of Delaware (USA).
It is also necessary to dispel the myth of being able to pay "only" the 5% of company taxes in Malta, as it is not correct to give this incomplete information to those who wish to work seriously in this State which is also like an oasis in the desert for its historical beauties, the climate and the tranquility that a geo-politically stable and democratic government has managed to give to those who live in this place.
Corporate planning is important for the entrepreneur who intends to internationalize his own company, even establishing it in Malta, optimizing an often heavy tax burden in other European states and obtaining benefits often recognized only to Ltd (Limited company) like the British ones.
The diversity of company law can sometimes cause concern, since the opening of a company in a foreign state is already a trauma and is almost always full of questions, the answers to which will be obtained only with time or with the help of a consulting company that will avoid any inadvertent errors.
For the entrepreneur who decides to open a company in Malta, we can say that these entities enjoy the same corporate law as the English one, in fact this State has inherited the best things from Great Britain, allowing the creation of exceptional business and privileged banking and state relationships in comparison with other States.
In compliance with the law, the manager will be able to obtain advantages in new markets with the opening of his company, obtaining reduced company costs, simple and understandable regulations and above all a friendly tax state that will help him in relations with foreign subjects at the time where the need arises.
The corporate taxes of Malta are not very high also in relation to the excellent services that are provided, settling at an 35% on the taxable amount and a local VAT that does not exceed 18%.
But you don't have to be a finance genius to figure out what the taxes are in Britain are facilitated at 19% and this should make us understand that, after opening a company in Malta, we can very well open another in England which will in turn become the largest shareholder, therefore, based on the Tax Refund on income, once carried out the allocation of corporate profits and paid royalties as well as having monthly turned over the quota for the works carried out by the British company, or for the brand held by the latter and given in the form of sharing by contracting it, our Maltese taxation will be lowered considerably and thanks to the tax refund, the British company will be able to ask the Maltese State for the 30% tax paid on its dividends, bringing the taxation on its share to 5% on the taxable amount left over from corporate expenses.
Stopping is the point that in Britain the tax on the company's revenues will have to be paid to 19% but this is another story.
The fact of paying 5% of taxes on profits accrued by a member also applies when that person has no residence in Malta and in fact he will also be entitled to the return of 30% but will have to comply with the payment of taxes in his own State belonging to the Capital Gain obtained (the 26% on the declared for those who are Italian); this situation cannot be applied to a Maltese resident or Maltese citizen who will have to pay taxes for the full amount, but this is another story.
The SHADOIT BUSINESS CONSULTANCY LTD, thanks to the great experience and professionalism of its consultants, supports and builds together with the potential entrepreneurs perfectly legal situations suitable to obtain cost savings without having to resort to financial tricks that could generate controversial fiscal situations but using and using systems efficient banking, planning and studying low management costs, optimizing the work of companies, providing expert personnel who assist the manager, assisting the company with the enormous IT and financial experience, advising situations where labor costs are low compared to to that of the State of origin.
The solutions to realize one's dreams exist but, one must not improvise and rely on consultants with proven experience