Offshore business in Malta:

The island of Malta is located in the Mediterranean Sea, next to Sicily. This country is the smallest state among the European Union members. Its rigorous and conservative banking system make this place one of the more interesting offshore destination. Moreover, Malta which used to be under British dominance has a very business oriented legislation because based on the English model. The laws there are much more flexible and modern than in the European Union which is a strong asset and motivates many foreign investors to move their business into this jurisdiction.

There are several different interests in considering Malta as an offshore option to either open an offshore bank account or to incorporate there an offshore company. First of all, the share capital required by the Maltese authorities is very law. Also, the corporate tax profit rate of 5% is one of the smallest of the European Union. However, this is conditioned to the fact that you won’t get any salary (or dividend) during the fiscal year but only at the end of the year. Finally, Malta as an European Union members will allow you to establish very strong economical links together with your business partners because you will have a European VAT identification number. As for offshore bank accounts, Malta is interesting only for non-European Union residents in terms of confidentiality and discretion as Malta is communicating with the authorities of other members. All major international banks have a branch in the island.

At FCBA Offshore Ltd, we strongly recommend to our clients willing to incorporate there offshore company in Malta to consider this jurisdiction as very interesting due to its ultra competitive tax advantages. Also, your Maltese offshore company will allow you to invoice any European company which will never consider your company as being exotic. It’s also good to notice that there is no minimum share capital required by the Maltese authorities. Only strong accounting requirements will generate you some costs. As for offshore bank accounts, we do recommend this jurisdiction only to our non-European Union resident clients. Finally, be aware that if you are investing more than € 650’000 in the island’s economy, then you will be able to get the Maltese passport which will allow you travelling everywhere in Europe without any problem.

Opening an offshore bank account or to incorporate an offshore company in Malta is something easy for us and we could enjoy our network and partnerships with local banks to you.

Finally, be aware that the initial deposit of your offshore bank account required by banks is low and will therefore by no means be a drag for you to open your offshore bank account.

Please if you need any additional information feel free to contact FCBA Offshore Ltd team members.