These emails are designed for those investing into Malta and those who have plans to do so. We aim to keep the points short and sweet, and to merely list snippets of relevant but easy to read information.
- Malta retains its place in history as having endured the largest amount of bombs (in tons) ever to fall on a geographic area. During the second world war the population of Malta was reduced to just 68,000.
- Malta’s geographic location between Europe, Africa and the Middle East has attracted some major players in the air cargo business. Continued investments in recent years has resulted in improved services for the number of reputable companies which have set up their base in Malta.
- Maltese fishing boats are painted in bright colours. Also painted on them are a pair of eyes on each side at the front, a tradition which goes back to ancient Phoenician times. These are the Eyes of Osiris which are said to protect the fishing boats from evil spirits.
- On 22 January 2018, Valletta was inaugurated European Capital of Culture 2018. The city became the capital city of Malta in 1571. It was built after the Great Siege of Malta and the city itself was commissioned by the Knights of the Order of St John (earlier known as the Knights of Jerusalem).
- One of the main reasons Malta is such a popular jurisdiction for expats is its climate. The climate is typical Mediterranean, with warm summers and mild winters. On average, Malta has more than 300 days of sunshine a year, meaning the country is ideal for those who love to enjoy the outdoors.
- Over one fifth of the total tax collected by the Maltese government is derived from the Maltese refund system, i.e. from foreign investments.
- Since 2012, Malta’s shipping register recorded a 63% increase in the number of new entries, and a record of 97% increase in the number of new registrations for superyachts.
- Summer in Malta lasts until October and spring begins in late February. Winter is relatively warm, but summer can be very hot with temperatures ranging from 28°C to 34°C.
- The Maltese imputation tax system has been scrutinised by the EU commission and has been approved as being compliant with both EU State Aid and EU Code of Conduct requirements.
- The Maltese Limited Partnership (LP) is a tax transparent entity but has legal personality, i.e. it can enter into contracts in its own name. It is in many ways similar to the UK LLP, German KG and the Danish K/S.
This message is not given in the form of an opinion, legal opinion or tax advice. If any of the information provided is of interest or relevance to you or your company we would strongly recommend you contact us or another qualified professional for specific advice.