MALTA INTERNATIONAL HOLDING COMPANIES
From the 1st of January 2007 it no longer remained
possible to incorporate this type of company in Malta. All
International Holding Companies registered until 31st of December 2006
will however retain their status and tax regime until the 31st December
2010. It is also possible for such International Holding Companies
registered before 31st December 2010, to convert to the newer and more
advantageous tax regime for Malta Companies. For information
about the new Malta Companies and their very attractive tax regime, please
go to our new Malta
Company pages.
Although it is no longer possible to
register International Holding Companies as explained above, there might
be particular circumstances where it might be advantageous to acquire an
International Holding Company registered prior to 31st December 2006,
rather than incorporating a new Malta Company. We have a number of
clients who are owners of International Holding Companies who would be
willing to consider transferring their beneficial ownership in these
companies and therefore please contact
us if you wish to explore this possibility.
| General
Information |
| Shelf
companies possible? |
No |
| Bearer
shares allowed? |
No |
| Migration
of domicile possible? |
Yes |
| Company
Minimum Requirements |
| Issued
share capital |
Euro
1250 (or equivalent in any currency) |
| Number
of shareholders |
One |
| Nominee
shareholders allowed? |
Yes |
| Number
of directors |
One |
| Corporate
directors permitted? |
Yes |
| Nominee
directors allowed? |
Yes |
| Local
directors required? |
No
but strongly advised |
| Local
meeting required? |
No |
| Local
company address required? |
Yes |
| Resident
company
secretary required? |
Yes |
| Taxation |
| Corporate
tax rate |
0%
to 11.68% depending on circumstances and after tax refunds to non-resident
shareholders |
| Ordinary
tax base |
Global
income |
| Withholding
tax on dividends |
None |
| Withholding
tax on interest |
None |
| Withholding
tax on licence fees and royalties |
None |
| Double
taxation treaties |
Treaties
with 42 countries |
| Disclosure
and Reporting Requirements |
| Disclosure
of beneficial owner to Company Registrar |
No,
if using nominees |
| Public
register of directors and shareholders |
Yes |
| Annual
return |
Yes |
| Submission
of accounts |
Yes |
| Audit
required? |
Yes |
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