Are You Planning On Starting An Offshore Company In Malta?
There are evidently many advantages to having a company offshore in Malta. The advantages are of course financial for the most part, and that is why there are business owners looking to make that move. What does that mean for a business? Are you planning on relocating yourself to the beautiful Republic of Malta as well? That’s a big move, and either way, you have a big decision to make.
When it comes to offshore businesses and accounts, people have questions. They want to be sure they are doing business legitimately. Not only that, they want it to truly be an advantage to them. That is why it’s important to look at the specifics when it comes to having to set up an offshore company in Malta. You won’t have to worry about EU compliance according to international guidelines. You also might be thinking about the type of workforce that is going to be available to you. You have to look at your business idea from all directions for sure.
You’re also going to be thinking about specific rules and regulations. There are advantages for sure, but are there restrictions, too? If there are restrictions, you certainly need to know about them. The last thing you want as a business owner is to be breaking any rules. Once you familiarize yourself more with the opportunity, you will have a better comfort level when it comes to doing business in the Republic of Malta.
One thing that made me wonder a little was sources talk about double taxation agreements. Does that mean that you have to pay double taxes? That certainly wouldn’t be advantageous, but there has to be some other explanation. Not only do you want to know all the details, but you also have to know how your company can qualify for this type of status. Are you seeking participating holding? If so, you have to qualify. It is advisable that you hire a law company in Malta to guide you through the whole process. That way you are guaranteed not to make any costly mistakes.
That doesn’t mean that qualifying is extremely difficult though. The source that talked about the double taxation agreements also goes on to mention how tax efficient these investment vehicles are. It describes them as an investment vehicle of sorts, so that means they are a different way of structuring a company. It has to be the right fit for you. Is this something you’ve been thinking about doing with your business? If so, the best thing to do would be to get in touch with a specialist regarding these matters.
Do you homework very well and you will not regret it