{"id":23393,"date":"2021-11-30T17:10:11","date_gmt":"2021-11-30T10:10:11","guid":{"rendered":"https:\/\/porticoandbridge.com\/?p=23393"},"modified":"2022-01-28T17:32:36","modified_gmt":"2022-01-28T10:32:36","slug":"maltese-tax-a-europes-tax-haven","status":"publish","type":"post","link":"https:\/\/porticoandbridge.com\/en\/maltese-tax-a-europes-tax-haven\/","title":{"rendered":"MALTESE TAX \u2013 A EUROPE\u2019S TAX HAVEN"},"content":{"rendered":"

Maltese tax \u2013 Malta is such a \u201ctax haven\u201d of Europe with attractive preferential tax policies for both individuals and corporates in this country. <\/span>Malta\u2019s favorable tax policies work as the key to answer the question why Malta \u2013 an island country of Europe – is home to a number of big banks, luxurious car brands, and lots of headquarters of multi-national companies.<\/span><\/em><\/p>\n

\"Maltese<\/p>\n

Personal tax in Malta\u00a0<\/b><\/h3>\n

Personal tax rate varies on its residents, their permanent residence address and residence address. Maltese permanent residents and residents are obliged to be taxed on their income by Maltese Government, including overseas income and some particular capital gains. For those residing in Mata without a permanent residence address have to be taxed on their income gained in Malta as well as their overseas income transferred from outside the island (excluding capital gain).<\/span><\/p>\n

\"tax<\/p>\n

Malta<\/span><\/b><\/a> allows married couples to opt for joint tax computation, accordingly, they are taxed on their total income gained in Malta and overseas income.\u00a0<\/span><\/p>\n

Tax for a couple:<\/span><\/p>\n\n\n\n\n\n\n\n
Income tax (EUR)<\/b><\/td>\nRate (5)<\/b><\/td>\n<\/tr>\n
Below 12.700<\/span><\/td>\n0<\/span><\/td>\n<\/tr>\n
12.701 \u2013 21.200<\/span><\/td>\n15<\/span><\/td>\n<\/tr>\n
21.201 \u2013 60.000<\/span><\/td>\n25<\/span><\/td>\n<\/tr>\n
60.001 and above<\/span><\/td>\n35<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Married individuals can opt for separate computation with the following tax rate:\u00a0<\/span><\/p>\n\n\n\n\n\n\n\n
Income tax<\/b><\/td>\nRate (%)<\/b><\/td>\n<\/tr>\n
Below 9.100<\/span><\/td>\n0<\/span><\/td>\n<\/tr>\n
9.101 \u2013 14.500<\/span><\/td>\n15<\/span><\/td>\n<\/tr>\n
14.501 \u2013 60.000<\/span><\/td>\n25<\/span><\/td>\n<\/tr>\n
60.001 and above<\/span><\/td>\n35<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Corporate tax in Malta\u00a0<\/b><\/h3>\n

Corporates founded in Malta benefit from the tax policies and the refundable tax credits on dividend income. This tax policy is effective for both residence and non-residence shareholders.\u00a0<\/span><\/p>\n

Malta corporate tax is levied on companies incorporated in Malta by Maltese residents (both Maltese citizens and non Maltese citizens). That company is taxed on its worldwide income. On the other hand, a company incorporated outside of Malta is considered operating in Malta (but not residing in Malta on a regular basis) if its operation is checked and controlled by Malta. Accordingly, that company is under obligation of paying tax on these following:\u00a0<\/span><\/p>\n