Tax

Maltese Taxation 

Maltese tax history runs back to the Treasury of the Order of the Knights of Malta who proposed some drastic reforms in order to support the country’s economy.  Throughout the years Malta was influenced by different counties which occupied Malta through its history, until in 1813 when Malta became a Crown Colony.  British influence can be observed all around Malta, and it is clearly visible in the Maltese taxation system which was inherited from the British. Following Maltese independence local lawmakers worked tirelessly to make the small Mediterranean island stand out in the global economy. With time the Maltese tax system, which mainly follows UK tax principles, developed in an independent sophisticated system with different tax regimens which apply to individuals and companies as well as a global network of over 70 double tax treaties. Malta’s tax system is beneficial for companies, entrepreneurs and individuals who are looking for a stable, safe, and an attractive business environment. 

Maltese Tax Benefits 

Overall the Maltese tax system can be divided into 2 main sectors: taxation of individuals and taxation of entities. 

Many individuals chose Malta as their tax residency jurisdiction of choice because of its favourable tax treatment of residents non domiciled – when only remitted to Malta foreign income is taxable in Malta, leaving the non-remitted part of foreign income outside of the scope of taxation; while foreign capital gains are not taxed at all, even if remitted to Malta. 

When it comes to corporate taxation, whether it is trading or a holding company – there is no better place than Malta when it comes to tax. The Maltese corporate tax rate is 35%, however at the same time Malta has a full imputation system, meaning that there is no tax levied on the dividends upon distribution. In most cases the shareholder of the company is entitled to a tax refund of 6/7 or 2/3 of tax paid in Malta, furthermore, in case of a group of companies, income or capital gains deriving from Maltese companies from qualifying “participating holdings” may be exempt from tax in Malta. 

Our Malta Tax Team 

Chetcuti Cauchi assists individuals or companies with various tax requests and advice on:  

• Personal Tax Advisory
• Taxation of Maltese Holding Companies
• Taxation of Maltese Trading Companies
• Taxation of Trusts and PTC
• Importation of Yachts
• International Tax Planning

Chetcuti Cauchi is considered a tax advisory firm of choice by tax professionals and law firms worldwide. Our tax professionals provide comprehensive tax advice to individuals, families and corporations worldwide.    

Malta Tax Firm with a difference 

The Firm’s culture is marked by the high quality of our specialist tax advice and by our mutual involvement with our clients, backed by a strong sense of entrepreneurship necessary to understand our clients’ business. No less, we emphasize independence, transparency and responsiveness. We gauge the effectiveness of our teamwork by the degree of success achieved in our clients’ projects and we adopt a results-based approach across the board so that our clients’ success becomes our own success. We stress the importance of a positive and open-minded attitude that inspires a firm-wide culture of viewing problems as opportunities, hence our long-standing reputation as constructive solution advisors. 

Commercially Sensitive Tax Advisors 

The firm has grown out of a commitment to be different. We have created a unique environment where nothing is taken for granted. Tried and tested practices are continuously subjected to creative and innovative revision. Business savviness and professional ambitions co-mingle with sound values of excellence, integrity and transparency. 

The firm's industry experience covers Malta's major industries including financial services, i-gaming, ICT, pharma, shipping, aviation and property.  We are well positioned to service clients ranging from high net worth individuals and families, owner-managed companies to larger corporations. 

Malta Tax Law Firm of Choice 

Chetcuti Cauchi's tax team is a respected boutique tax advisory practice with a breadth of industry expertise largely disproportionate to its size. In addition to providing Malta tax advice to end private and business clients, Chetcuti Cauchi also provides Maltese tax advice to clients exploring opportunities presented by Malta in international tax planning.  Chetcuti Cauchi's tax team serves a number of magic circle law firms and international law firms relying on us for sound Maltese tax advice for their clients.  Chetcuti Cauchi is the member firm in Malta for Andersen Global.

Leading Tax Advisors 

Our Malta tax advisors are experienced in an extensive list of Malta-related tax issues, positioning Chetcuti Cauchi as the Malta tax firm of choice for clients who recognize the value of thorough representation on tax-sensitive issues.  Our tax team is able to deliver an all-encompassing and truly multi-disciplinary service spanning corporate tax advisory, personal tax advisory, property tax advisory, international tax, employment tax, Indirect tax and VAT advisory, trusts and estate planning, tax disputes, Malta company formation, company administration, full legal services and tax compliance services. 

The firm's tax partners and managers are leading tax professionals actively involved in local professional circles. Professional involvements include the executive council of STEP Malta branch, the IFSP Council, Malta Institute of Taxation, Malta Institute of Accountants, FinanceMalta and the Chamber of Advocates. In the international tax and corporate services sector, memberships include International Tax Planning Association, the International Fiscal Association and the European Family Business Network. International Tax Law Firm Chetcuti Cauchi Tax Advisory Firm renders Malta tax and legal services globally to individuals, corporates and professional firms worldwide. While maintaining its independence, the tax firm collaborates on international projects with foreign law firms and tax advisors acting in major financial and commercial centres in the world.  The firm's staff are mostly multi-lingual and speak Maltese, English, Italian, French, Greek and Russian. 

A Full-Service Malta Tax Law Firm 

Chetcuti Cauchi’s practice spans a wide range of legal, tax, fiduciary, accounting and assurance services. The firm embraces professionals from various related sectors and this unique multi-disciplinary mix results in a greater learning experience for our members and all-encompassing results for our clients.  The firm is well positioned to service clients ranging from high net worth individuals and families, owner-managed companies to larger corporations. Chetcuti Cauchi has also grown to be regarded as the Maltese firm of choice by various leading professional firms in the EU and worldwide. 

Award Winning Tax Firm

The firm has attracted nominations for a number of international law firm awards and has won awards such as the Malta Immigration Law Firm of the Year Corp INTL Award 2010, the Full-Service law firm in Malta Corp INTL award 2011 and the Malta Tax Law Firm of the Year Corp INTL Award 2012.