Malta has always been an outlier. Whether you look centuries back to the time when it was ruled by a Catholic order of knights or more recently as a British colony — it has done things differently.
The colonial history combined with a more recent desire to build a reputation as a financial center and establish a strong economy has led Malta to a very favorable tax regime. One that some people may call a tax haven.
But the current desire to integrate with the European community and avoid censure from American authorities has lead Malta to scale back on the tax allowances.
Still, government authorities say Malta’s tax code is its strongest card in a competitive world.
Is Malta a traditional tax-free jurisdiction in today’s world? Definitely not, it has some of the highest on-paper tax rates in the world. But there are some very attractive tax advantages in Malta and we’ll thoroughly outline them in this article.