Malta Trading Company

APPLICABLE LAW: Malta Companies Act 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

• Gives applecant an ability to re-domicile;
• Effective tax rate which is 5%;
• Easy same day incorporation;
• Relatively low costs on establishment and operating;
• Notary and court process is not required.

Malta Companies Act, which is the principal piece ofMalta Trading Companies are incorporated in terms of theMaltese 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. Malta Trading Companies are onshore entities setupas partnerships or limited liability companies - the latterbeing the most popular corporate entities, due to theirflexibility and tax efficiency.

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