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Malta Limited Company

Malta

Last verified 2024-09-01

Malta is an EU member state offering one of the most attractive effective corporate tax rates in Europe — approximately 5% after the shareholder refund mechanism is applied. The Maltese corporate tax system levies 35% at the company level but allows non-resident shareholders to claim a refund of up to 6/7ths of tax paid on trading income, resulting in an effective rate of 5%. Malta is particularly popular for online gaming and iGaming companies, financial services firms, and holding structures, and hosts a sophisticated financial services regulator (MFSA). The jurisdiction has an extensive treaty network and full EU market access. Banking with BOV, HSBC Malta, and APS Bank is available; international founders should expect KYC/AML scrutiny in line with EU standards.

Formation Details

Setup Time
4 days
Setup Cost
$2,500
Annual Cost
$3,000
Corporate Tax
5% effective (via refund system)
VAT Threshold
$35,000
Nominee Directors
Allowed
Public Register
Yes
Residency Required
No residency requirement for shareholders or directors. Nominee directors are available. A registered office in Malta is required. Gaming, financial services, and other regulated activities require MFSA licensing with Maltese substance.
Banking Difficulty
Moderate

US Person Considerations

A Maltese company owned by a US person triggers Form 5471 CFC reporting. The effective 5% tax rate is achieved via a shareholder refund mechanism — the company pays 35% corporate tax, then shareholders (including non-resident shareholders) claim a 6/7ths refund, resulting in 5% effective rate. This structure requires careful analysis under US tax law, particularly regarding GILTI and creditable foreign taxes. The US has no comprehensive tax treaty with Malta. US persons should consult international tax specialists before using Maltese structures.