Republic of Malta
HDI: 0.829 (39th)
Language: Maltese, English
GDP (PPP): $14.12 billion
Population: ~ 414 thousand
Malta is a tiny Mediterranean island with big character. Due to its strategic location between North Africa and Southern Europe and lack of natural resources, the country is focused on trade. The large Malta Freeport is one of the busiest ports in Europe, and the centerpiece of Malta’s trade oriented economy. Tourism also plays a major role in the economy, with the tourism generating 15% of GDP. Because of the low corporate taxes, multilingual and hardworking workforce, and well developed financial services, the country remains popular to foreign investors.
Relevant Malta Links
Malta Enterprise (www.maltaenterprise.com)
Finance Malta (www.financemalta.org)
Malta Financial Services Authority (www.mfsa.com.mt)
Malta Stock Exchange (www.borzamalta.com.mt)
Malta Gaming Authority (www.mga.org.mt)
Malta Environment and Planning Authority (www.mepa.org.mt)
Malta Government (www.gov.mt)
Malta Tourism Authority (www.visitmalta.com)
Malta Chamber of Commerce (www.maltachamber.org.mt)
Transport Malta (www.transport.gov.mt)
Malta International Airport (www.maltaairport.com)
University of Malta (www.um.edu.mt)
Central Bank of Malta (www.centralbankmalta.org)
Employment and Training Centre (www.etc.gov.mt)
Malta Freeport (www.maltafreeport.com.mt)
Malta Resources Authority (www.mra.org.mt)
Inland Revenue: Government of Malta (www.ird.gov.mt)
Department of Information (www.doi.gov.mt)
Malta Film Commission (www.maltafilmcommission.com)
Malta Economy 2015, CIA World Factbook
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.
Did you know…? An overview of Malta’s economy
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
Requirements to open a business
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.
Business Scenario | Malta Enterprise
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
Business Types – Types of companies in 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.
Business Types – Types of Companies in Malta, Maltese Company Types
The most common Maltese company organization type is the Limited Liability Company, being closely followed by the general and limited partnerships.
Business Registration Requirements – Starting a Business in Malta
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.
Business Registration Requirements – Register a Company in Malta
Malta has become a very attractive company registration destination because of the tax advantages and legislation on foreign investments it offers.
VAT – 3a Malta
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.
Malta Corporate Tax Rate
The Corporate Tax Rate in Malta stands at 35 percent.
A summary of corporate tax in Malta
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
Malta Personal Income Tax Rate
The Personal Income Tax Rate in Malta stands at 35 percent.
Personal income taxation in Malta
Taxation in Malta for individuals with residence and domicile in Malta applies to worldwide income.
Malta Sales Tax Rate | VAT
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.
Malta – US Department of State
See Entry, Exit & Visa Requirements on this site
Malta Visa: Application, Requirements
Malta tourist visa is not required for citizens of United States for a stay up to 90 days.
Malta: Public Transport
A guide to public transportation in Malta
Best Malta Transportation on VirtualTourist
A guide to bus and other transportation on Malta
Telecommunications in Malta
Telecommunications in Malta
This site provides a description of telephone, internet, radio and TV communications in Malta
Telecom – Malta – Telecoms, Mobile, Broadband and Digital Media
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.
Labor Market Regulation in Malta
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.
National Labour Law Profile: Malta
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.
Unemployment Benefits, Rights while Unemployed
For entitlement to unemployment benefit, the insured person must be registered as unemployed and be capable of and available for work.
Unemployment Benefits in Malta
The conditions for receiving unemployment benefits depend on an individual’s circumstances.
Cost of Living in Malta
Cost of living information includes price indices for rent, food, utilities, transportation, restaurants, clothing and more
Cost of living in Malta: brief guide for expats
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.
Business Etiquette – 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.
Business Etiquette – Doing Business in Malta and Work Culture
With business practices and etiquette that are similar to elsewhere in Europe and North America, doing business in Malta is not complicated.
Climate of the World: Malta
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.
Climate – Island of Malta Weather
The climate on the Island of Malta is very similar to the climate in the rest of the Mediterranean area of the world.
Safety – Malta – US Department of State
See Safety and Security on this site
EDUCATION SYSTEM IN MALTA
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.
Holidays and observances in Malta
A listing of national and bank holidays and observances
Holidays and National Holidays in Malta
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
Demographics – Malta – Country Profile
Demographic information includes population, quality of life, health, sports, technology, energy and the environment
Demographics – Malta, MT Population & Demographics
Malta Demographics Profile
Education in Malta
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.
Import and export regulations from Malta customs
IMPORT AND EXPORT REGULATIONS – Business First
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.
WTO | Malta – Member information
This site provides key information on Malta’s participation in the WTO
Housing and Rentals
Farmhouses in Gozo & Malta
Apartments, Villas, Farmhouses & Hotels in Malta and Gozo.
Malta Travel Guide | Fodor’s Travel
Its three main islands—Malta, Gozo, and Comino—offer history, water sports, spectacular coastal views, and culinary delights.
Malta Tourism: Best of Malta
A listing of popular destinations in Malta
This forum has 0 topics, and was last updated No Topics by.
- Advice and Tips
- No Topics
- Business Guidance
- No Topics
- Expat Connect
- No Topics
- No Topics
- Travel, Lodging, Dining and More
- No Topics
Oh bother! No topics were found here!
You must be logged in to create new topics.