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Home > Business Tools
Business Tools
- Taxation
- International Taxation
- Social Security
- Value Added Tax
- Malta Financial Services Authority
- Companies
- Statistics
- Shipping
Taxation
Tax Rates
- Taxpayers residing in Malta – Click Here
- Non-Residents tax payers – Click Here
Final Settlement System
The Final Settlement System is a tax deduction methodology designed to produce accurate tax deductions from emoluments. This methodology ensures that the correct amount of tax is deducted from gross emoluments as they are received thus reducing the incidence of large refunds and tax bills arising from end of year tax assessments.
Tax Forms
Downloadable Tax Forms – Click Here
Income Tax Calculator
You may use the Income Tax Return Calculator to help you fill out the Income Tax Return. You can enter the information that you write on the Income Tax Return and the calculator will calculate the Income Tax due to the Inland Revenue.
Residents Scheme
The Scheme is regulated by the Residents Scheme Regulations, 2004. An individual who satisfies the conditions stipulated under the scheme will be provided with a certificate issued by the Commissioner of Inland Revenue that entitles him/her for the benefits of the scheme.
An individual qualifying for the scheme will benefit from the flat rate of 15% on all income received in, or remitted to, Malta from either local or foreign sources as regulated by Article 56(10) of the Income Tax Act. This is subject to a minimum tax payment of €4,192 per annum
International Taxation
Double Tax Treaties
Click Here for a whole list of countries with whom there are in place double taxation treaties.
Social Security
Social Security ACT Chapter 318 – Download
Social Security Contribution Rates – Class 1 employed ( 2011) – Click Here
Social Security Contribution Rates – Class 2 self employed ( 2011) – Click Here
Social Security Contribution Rates (pre 2011) – Click Here
Social Security Contribution Calculator – Click Here
Value Added Tax
General Information – Click Here
Vat Legislation – Click Here
Vat in other EU Member States - Click Here
Downloadable Vat Forms – Click Here
Guidlines – Click Here
Malta Financial Services Authority
Company Registry Forms – Click Here
Companies
A guide to registration of companies – Click Here
Statistics
Main Indicators – Download
Inflation Rates – Click Here
Shipping
Ship Registration
The Malta Flag is today a flag of confidence, a flag of choice, its good standing evidenced both by the number of ship owning and ship management companies of repute which register their ships in Malta, and also by the confidence shown by the leading international banks and financiers who at times recommend the Maltese register.
The Malta maritime flag is the flag of a well-established, yet dynamic, maritime centre. The Malta international ship register completes the wide range of services, which is Maritime Malta and at the same time draws its strength from being an integral part of a truly international maritime and service centre.
The Malta International Ship Register
- Ships may be registered in the name of legally constituted corporate bodies or entities irrespective of nationality, or by European Union citizens
- Low company formation, ship registration and tonnage tax costs; progressive reduction in registration and tonnage tax costs for younger ships
- Attractive incentives to owners, registered charterers and financiers of Maltese ships of over 1,000 net tonnage; these incentives may also be extended to smaller ships
- No restrictions on the nationality of the master, officers and crew
- No restrictions on the sale or transfer of shares of a company owning Maltese ships
- No restrictions on the sale and mortgaging of Maltese ships
- No trading restrictions and, preferential treatment to Maltese ships in certain ports
- Malta is an international maritime centre providing the whole range of maritime services.
- Serious and efficient maritime administration
- Flag state inspectorate to ensure adherence to international standards
- Twenty four hours, seven days a week service in respect of urgent matters
- Sound multilateral and bilateral relations
- Active participation in international shipping fora.
Ship Registration Procedure
All types of vessels, from pleasure yachts to oil rigs, including vessels under construction, may be registered, provided that, inter alia, they are wholly owned by legally constituted corporate bodies or entities irrespective of nationality, or by European Union citizens; a Maltese ship may also be bareboat charter registered under another flag. – Click Here for more information
Commercial Yacht Registration
Yachts in commercial use, which do not carry cargo and do not carry more than 12 passengers, can be registered as commercial yachts. Maltese law is very advantageous for the operation of commercial yachts. – Click Here for more information
Ship Registration Fees
The fees on registration and the annual fees for all ships may be viewed in the link : – Click Here for more information
Merchant Shipping Act
The Merchant Shipping Act may be viewed in the link : – Click Here for more information
Yachting & Small Craft
The responsibilities and fees associated with small ships may be viewed in the link : – Click Here for more information
Exchange Rates
The Euro foreign exchange reference rates may be viewed in the link : – Click Here for more information
