Valetta Latest News (Malta, Malta)

Tranzzo, a leading payment orchestration platform, is excited to announce its participation in one of the most expected events in the gaming industry — the SiGMA Europe 2024 in Malta.

Malta, a small Mediterranean island nation, has become a popular destination for company formation, particularly among businesses seeking a gateway to the European Union (EU).

The Mediterranean island of Malta, long admired for its stunning beauty and rich history, is rapidly emerging as a top destination for remote workers and digital nomads.

An increasing number of foreign investors are choosing to set up or relocate their businesses to Malta due to a number of fiscal benefits including the highly advantageous corporate tax system offered by the Maltese Jurisdiction.

Over the last few years, Malta has become a global staple for the crypto industry, attracting major players from around the world.

Malta is becoming a popular study destination for international students, partly due to a scheme that allows them to reclaim most of their tuition fees once they start working in the country.

The Malta Gaming Authority (MGA) has introduced a new portal designed to assist online gaming companies in aligning with best practices in Environmental, Social, and Governance (ESG) matters.

Malta's financial services sector has shown remarkable growth, with National Statistics Office (NSO) data revealing that 97.6% of the country's €500 billion foreign direct investment stock is now linked to this industry.

Corporate income tax is a major revenue source for Malta, comprising nearly 15% of the nation's total tax income, according to the European Union's 2023 taxation report. This places Malta as the third-highest in the EU for corporate tax revenue.

Formation of a Fiscal Unit A group of companies can now choose to be treated as a single taxpayer, subject to certain statutory conditions.

One of the first decisions you will need to make when you are about to set up your business is what legal format you want to operate under.

With some interesting tax planning opportunities, Malta remains one of the most favorable places in the EU to set up an international holding company.

Although a law allowing cremation was passed in Malta Parliament in May 2019, a functioning crematorium is still nowhere in sight.