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Day: May 23, 2021

Reasons to Set up a Company in Malta

Reasons to Set up a Company in Malta

Business
Have you heard of people setting up a company in Malta? This European company is becoming one of the top places to establish a business and there are numerous reasons why people are considering doing so. Do you want to know what they are? Let’s check some out: The low effective corporate tax rates The flat corporate tax rate in Malta is 35%, which seems a bit high, but this figure can be reduced to somewhere around 5% to 7% through distribution of profits. Establishing a holiday company elsewhere means that you will only be liable to pay taxes on the income that’s remitted to Malta. Likewise, the income tax rate in Malta is also quite sane. Malta also has double taxation treaties and various exemptions. You can get more guidance about these policies from https://papilioservices...