Economic Overview
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Malta Economy 2015, CIA World Factbook
http://www.theodora.com/wfbcurrent/malta/malta_economy.html
Malta’s economy is dependent on foreign trade, manufacturing, and tourism, and was hurt by the global economic downturn, but fared better than most other EU member states.
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Did you know…? An overview of Malta’s economy
http://www.euro-challenge.org/doc/Malta.pdf
Malta’s economic growth exceeded the euro area average for several years and was led by robust domestic demand and export expansion. The global economic crisis did not spare Malta but it was one of the least affected countries in the EU.
Industry Trends & Business Climate
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Requirements to open a business
http://www.businessfirst.com.mt/en/about-malta
Besides this rich cultural heritage, Malta offers a solid business and an industrial background that goes back 50 years. Testimony to this, the island is home to hundreds of foreign companies all operating within a well-developed economic and industrial structure.
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Business Scenario | Malta Enterprise
http://www.maltaenterprise.com/en/foreign-investors/why-malta/business-scenario
successfully moving from labour-based to knowledge based industry and in so doing, attracting Foreign Direct Investment from countries like the UK, Germany, Italy, France, Spain and the United States.
Establishing a Presence
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Business Types – Types of companies in Malta
http://www.companyincorporationmalta.com/types-of-companies-malta
Whenever an entrepreneur wants to set up a company in Malta, he must be aware of the company legislation that dates from 1995. The text of the law mentions all the types of companies that can be established by the foreign investors who want to come to Malta. However, limited liability companies are the most frequent choices in terms of new businesses.
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Business Types – Types of Companies in Malta, Maltese Company Types
http://www.bridgewest.eu/article/company-types-malta
The most common Maltese company organization type is the Limited Liability Company, being closely followed by the general and limited partnerships.
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Business Registration Requirements – Starting a Business in Malta
http://www.doingbusiness.org/data/exploreeconomies/malta/starting-a-business
This site provides a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Malta.
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Business Registration Requirements – Register a Company in Malta
http://www.companyincorporationmalta.com/register-company-malta
Malta has become a very attractive company registration destination because of the tax advantages and legislation on foreign investments it offers.
Taxes
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VAT – 3a Malta
http://www.3amalta.com/en/faqs/taxation/indirect/vat.html
Malta has one of the lowest Value Added Tax (VAT) rates in Europe at 18%, making it an ideal jurisdiction for setting up a company.
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Malta Corporate Tax Rate
http://www.tradingeconomics.com/malta/corporate-tax-rate
The Corporate Tax Rate in Malta stands at 35 percent.
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A summary of corporate tax in Malta
http://www.csb-advocates.com/malta-law/company-corporate-finance/structuring-tax
Maltese companies are subject to tax on profits at 35%. Tax is ultimately borne by shareholder depending on his tax status, since Malta’s tax system adopts a full imputation system
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Malta Personal Income Tax Rate
http://www.tradingeconomics.com/malta/personal-income-tax-rate
The Personal Income Tax Rate in Malta stands at 35 percent.
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Personal income taxation in Malta
http://www.newco.pro/en/personal-income-taxation
Taxation in Malta for individuals with residence and domicile in Malta applies to worldwide income.
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Malta Sales Tax Rate | VAT
http://www.tradingeconomics.com/malta/sales-tax-rate
The Sales Tax Rate in Malta stands at 18 percent. Sales Tax Rate in Malta averaged 17.25 percent from 2000 until 2015, reaching an all time high of 18 percent in 2004 and a record low of 15 percent in 2001. Sales Tax Rate in Malta is reported by the Government of Malta – Inland Revenue.
Visas
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Malta – US Department of State
http://travel.state.gov/content/passports/english/country/malta.html
See Entry, Exit & Visa Requirements on this site
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Malta Visa: Application, Requirements
https://malta.visahq.com/
Malta tourist visa is not required for citizens of United States for a stay up to 90 days.
Infrastructure
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Malta: Public Transport
http://www.tripadvisor.co.uk/Travel-g190311-c109681/Malta:Public.Transport.In.Malta.html
A guide to public transportation in Malta
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Best Malta Transportation on VirtualTourist
http://www.tripadvisor.co.uk/Travel-g190311-c109681/Malta:Public.Transport.In.Malta.html
A guide to bus and other transportation on Malta
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Telecommunications in Malta
Telecommunications in Malta
This site provides a description of telephone, internet, radio and TV communications in Malta
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Telecom – Malta – Telecoms, Mobile, Broadband and Digital Media
http://www.budde.com.au/Research/Malta-Telecoms-Mobile-Broadband-and-Digital-Media-Statistics-and-Analyses.html
Despite its small size, Malta’s telecom sector is among the most advanced in Europe. Mobile and broadband penetration are both relatively high, while ongoing investments in networks are providing customers with a range of bundled services.
Employer Obligations
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Labor Market Regulation in Malta
http://www.doingbusiness.org/data/exploreeconomies/malta/labor-market-regulation
This site provides a detailed summary from the World Bank of some of the labor regulations that would apply to local entrepreneurs wishing to hire workers, organize working schedules, or make workers redundant for economic reasons in Malta.
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National Labour Law Profile: Malta
http://www.ilo.org/ifpdial/information-resources/national-labour-law-profiles/WCMS_158914/lang--en/index.htm
The Constitution upholds a number of workers’ rights, such as the maximum number of daily working hours, a weekly rest day, minimum working age, gender equality, professional and vocational training for workers, contributory social insurance and the provision of the means of subsistence for those unable to work.
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Unemployment Benefits, Rights while Unemployed
http://www.mywage.org/malta/home/labour-law/social-security/unemployment-benefits
For entitlement to unemployment benefit, the insured person must be registered as unemployed and be capable of and available for work.
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Unemployment Benefits in Malta
http://malta.angloinfo.com/information/working/unemployment/unemployment-benefits/
The conditions for receiving unemployment benefits depend on an individual’s circumstances.
Culture/Living
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Cost of Living in Malta
http://www.numbeo.com/cost-of-living/country_result.jsp?country=Malta
Cost of living information includes price indices for rent, food, utilities, transportation, restaurants, clothing and more
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Cost of living in Malta: brief guide for expats
http://www.maltainsideout.com/24220/cost-of-living-in-malta/
Malta is less expensive compared to large cities in Europe, and particularly UK ones, which is one of the myriad reasons why Malta appeals to so many English expats.
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Business Etiquette – Business etiquette in Malta
http://businessculture.org/southern-europe/business-culture-in-malta/business-etiquette-in-malta/
This site will introduce you to the essential attitudes and values shared among Maltese people and highlight their implications for business practice.
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Business Etiquette – Doing Business in Malta and Work Culture
http://www.expatarrivals.com/malta/doing-business-in-malta
With business practices and etiquette that are similar to elsewhere in Europe and North America, doing business in Malta is not complicated.
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Climate of the World: Malta
http://www.weatheronline.co.uk/reports/climate/Malta.htm
Malta’s climate is strongly influenced by the sea and is typical of the Mediterranean. The Islands have a very sunny climate with a daily average of five to six hours sunshine in mid-winter to more than 12 hours in summer. Winters are mild, with the occasional short chilly period brought about by the north and north-easterly winds from central Europe. Summers are hot, dry and very sunny. Summer Temperatures ranges between 24°C in May and 32°C and more in August, which is the warmest month.
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Climate – Island of Malta Weather
http://www.tripadvisor.co.uk/Travel-g190320-s208/Island-Of-Malta:Malta:Weather.And.When.To.Go.html
The climate on the Island of Malta is very similar to the climate in the rest of the Mediterranean area of the world.
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Safety – Malta – US Department of State
http://travel.state.gov/content/passports/english/country/malta.html
See Safety and Security on this site
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EDUCATION SYSTEM IN MALTA
http://www.euroeducation.net/prof/maltco.htm
Primary education lasts for six years. There are different types of secondary education schools: junior lyceums, area secondary schools, schools for very low achievers, church and independent (private) schools. Studies last for five years divided into a two-year orientation cycle and a three-year cycle of specialization in lyceum and three-year orientation and two-year specialization in area secondary schools. Admission to state junior lyceums and some church schools is through an entrance examination. At the end of this cycle, pupils sit for the Secondary Education Certificate. Higher secondary schools (sixth forms) prepare pupils for the Matriculation Certificate which gives access to university.
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Holidays and observances in Malta
http://www.timeanddate.com/holidays/malta/
A listing of national and bank holidays and observances
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Holidays and National Holidays in Malta
http://www.malta.com/en/local-information/public-holidays
There are 5 national holidays during the year: Independence Day, Republic Day, Freedom Day, Feast of Our Lady of Victories and Sette Giugno in addition to the religious holidays
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Demographics – Malta – Country Profile
http://www.indexmundi.com/malta/
Demographic information includes population, quality of life, health, sports, technology, energy and the environment
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Demographics – Malta, MT Population & Demographics
http://www.areavibes.com/malta-mt/demographics/
Malta Demographics Profile
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Education in Malta
http://www.malta.com/en/business-education/school-university
Due to Malta’s past as a British colony, Maltese state school sector naturally draws its main inspiration from the British educational system. In Malta, all children between 4-16 years old have the right to free education in all state schools, regardless of age, sex and belief.
Trade
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Malta customs
https://malta.visahq.com/customs/
Import and export regulations from Malta customs
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IMPORT AND EXPORT REGULATIONS – Business First
https://businessfirst.com.mt/en/running/Pages/IMPORT-AND-EXPORT-REGULATIONS.aspx
For most goods you will need to obtain an Import or Export Licence before you can proceed with your import or export activities. You should submit the application for an Import or Export Licence as early as possible, before you make any contractual commitment.
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WTO | Malta – Member information
https://www.wto.org/english/thewto_e/countries_e/malta_e.htm
This site provides key information on Malta’s participation in the WTO
Housing and Rentals
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Farmhouses in Gozo & Malta
http://www.visitmalta.com/en/farmhouses
Apartments, Villas, Farmhouses & Hotels in Malta and Gozo.
Travel
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Malta Travel Guide | Fodor’s Travel
http://www.fodors.com/world/europe/malta
Its three main islands—Malta, Gozo, and Comino—offer history, water sports, spectacular coastal views, and culinary delights.
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Malta Tourism: Best of Malta
http://www.tripadvisor.com/Tourism-g190311-Malta-Vacations.html
A listing of popular destinations in Malta