Malta Holding Company

HOLDING PERIOD: No Minimum Holding Period TAX SYSTEM: EU Approved CAPITAL DUTY: None CURRENCY: Euro € DOUBLE TAX TREATY: Extensive double tax treaty network                      CAPITAL GAINS EXEMPTION: On certain transfer of shares & immovable property TIMEZONE: Central European Time Zone(UTC+01:00)   NO WITHOLDING TAX: On outbound dividends, interest or royalties

• Easy same day incorporation;
• Notary and court process are not required;
• Presence is not required;
• Relatively low establishment and operating costs;
• Any currency can be used for capital.

Malta Holding Companies are incorporated in terms ofthe Malta Companies Act, which is the principal piece ofcorporate law in Malta. The Act is predominantly basedon common law principles, and is also in line with EUDirectives. Holding Companies are onshore entities setup aspartnerships or limited liability companies - the latter beingthe most popular corporate entities, due to their flexibilityand tax efficiency.

• Minimum initial share capital which should be paid up is €1,250;
• Appointment of the Malta local director and company secretary;
• Minimum number of shareholders should be 1;
• Applicant should have all company formation documents;
• Appointment of an auditor