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With the increased flexibility and mobility of working individuals,
many now carrying our their work in cross border locations, there
is a genuine need for a Company that is portable and able to avail
itself to low rates of tax whilst still being able to comply with
European VAT regulations. Historically, many clients utilised
offshore companies for this function but with many countries now
blacklisting these jurisdictions and offshore companies not being
able to register for VAT, there practical use within the EU is
seriously diminished.
The Maltese International Trading Company (ITC) is able to carry
on trade throughout the EU, it is able to utilise an EU VAT number
and benefit from an effective corporate tax rate of 4.17%. This
provides excellent benefits to EU based consultants as Malta is
a full EU Members State and able to trade freely throughout the
EU without attracting the unwanted attention that many offshore
jurisdictions attract.
The Maltese ITC provides the following benefits.
- EU Membership and VAT number
- Totally flexible and portable corporate entity.
- Can sign contracts with any EU Company.
- Minimal Tax of 4.17%
- Can trade with difficult EU jurisdictions that have
implemented blacklists.
- Can bank anywhere in the world.
- Excellent legal system and Companies Act.
- Does not require a resident Director.
- Directors and Shareholders can be offshore Corporations.
The Maltese ITC is perfect those clients engaged in cross border
contract work, whether short term or long term. It is able to
invoice any country inside or outside the EU and is able to avail
itself to the many Double Tax Treaties that Malta has signed.
Click here to read our Case Study or contact
one of our Consultants to discuss your requirements.
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