Malta is a member state of the European Union since May 1, 2004 and belongs to the Eurozone since January 1, 2008, currently being the smallest EU country in both population and area.
The Maltese Islands are a densely populated nation in the middle of the Mediterranean Sea with approximately 420.000 inhabitants.
Reasons to do business from Malta include:
- Economic and Social stability
- Easy communication, English being the second official language
- Safe society and a pro-business environment
- High levels in accountancy and legal systems which evolved from British models
- Efficient Company Formation and Incorporation
- OECD- and EU- approved favourable Tax Regime and a wide range of Double Taxation Treaties (DTT)
- Multilingual and highly skilled workforce
- Strategic location between Europe and North Africa
- Good accessibility through frequent flight connections
- Quality of Life
With an average of around 300 days of sunshine every year and a friendly multi-lingual population Malta is the ideal place to establish your business.
Perfectly placed for International Business, Malta is a frontier state in the EU close to North Africa. Malta easily acts as a bridge between the two continents across the Mediterranean. Indeed the excellent relationships with all neighbouring countries set Malta in a prominent position as a hub for international business.
Tourism and Meeting Destination
The Maltese Islands are characterised by sloping hills with terraced fields, superb sunny weather, and a brilliant quality of the surrounding Mediterranean Sea waters. Undoubtedly Malta today is a popular tourist and meeting destination.
Culture and Tradition
With archaeological remains dating from 6,000BC, Malta is said to be Europe's oldest civilization.
Malta became a British colony in 1814 through secession, and was awarded the George Cross for its people's bravery and heroism during World War II. Malta won its independence in 1964 and became a Republic a decade later.
Having joined the European Union in 2004, Malta adopted the Euro currency four years later in 2008. On the 21st September 2014, Malta celebrated the 50th Anniversary of its Independence; Valletta was the European Capital of Culture in 2018.