Corporate & Individual Tax Advice

Your Dedicated Tax Manager

We acknowledge and understand that it can be difficult for individuals, or individual companies such as sole traders, to understand complex fiscal jargon. We assign each of our clients, a dedicated tax manager with years of experience in the area, offering up-to-date tax advice and support.

Corporate Tax

The corporate tax rate in Malta is set at 35% and companies incorporated in Malta are subject to tax in Malta on their worldwide income. This is irrespective of where the source of income emanates from or is received. The Maltese tax legislation also consists of processes that help eliminate double taxation.

A full imputation system applies to the taxation of dividends, where the distributing company’s tax is imputed as a credit to the shareholder receiving the dividend.

The country offers a highly efficient fiscal regime that eliminates double taxation on taxed company profits distributed as dividends. The tax system has been deemed compliant with EU non-discrimination principles by the European Commission. It has also gained approval from the Organisation for Economic Co-operation and Development (OECD).

In addition, GCB Malta Ltd can also provide support to companies that are looking for taxation advice on key systems such as VAT, stamp duty, and even customs and excise duty.

Below is a list of some key corporate tax services you can find:

• Tax Efficient Structures for foreign companies
• Benefits and tax implications
• Schemes available and their application
• Tax Calculation and Refunds
• VAT Calculations
• Income & Corporate tax
• Consultancy on Malta’s full imputation system

Individual Tax

Malta is always renowned for its favourable tax system for individuals that are both resident and domiciled in Malta. In fact, the maximum taxation rate for individuals sits at 35% – but there are a series of refunds and specific calculations in the Maltese tax system that could significantly reduce the tax bill.

This creates an extremely competitive tax landscape that makes Malta attractive for entrepreneurs and high-net individuals that are seeking to start up their business or relocate. GCB Malta Ltd offers its clients personal tax advice on how to manage their assets, including those individuals who are seeking tax residence in Malta.

Below is a list of some key corporate individual services you can find:

• Highly Qualified Individuals
• High Net Worth Individuals
• Capital Gains Tax
• Inheritance Tax
• Income tax
• Consultancy on Malta’s full imputation system