An offshore company can be described as an entity registered outside the country where it’s mainly operating in. The term offshore refers to the company not being resident where it is formally incorporated.
With its year-round sunshine and flexible workers, this small island is a great place to register a company. Working with customers or suppliers in the rest of the world is quite straightforward as there are transportation links with mainland Europe and North Africa. Registering and starting a company is easier here than it is in many other countries, unless your business is in the Medical or financial field which has more licences and restrictions to consider.
When registering a company in Malta, and you set out to create a valuable brand name (as well as trade name and logo) should make sure to research if it is available and secure exclusive usage rights of these assets by applying for and register a trademark. If you’re planning to register, renew or make amendments to a Malta Trademark or EU trademark, keep the following advice in mind.
Malta is known for its high-class tourism and it might be pretty surprising to hear about Malta being touted as a destination for starting a business. However, the country offers a lot in terms of business environment to foreign investors. The economy has recently been diversified, changing Malta from a primarily agricultural economy to a more diversified economy. The industries in which the country has invested heavily in recent years include pharmaceuticals, IT&C, finance, aviation, technology, shipping, and of course, tourism! The country also has developed its gaming industry, making it one of the best in the world.
Many entrepreneurs looking to start or grow a business are often faced with the hard decision of formulating a budget. However, figuring out what goes where and determining whether the company will meet the set goals is mandatory. So use this startup Malta practical guide to start planning your budget.Budgeting has lots of advantages. Failure to budget is likely to send your business tumbling. It is a financial drive that keeps your business afloat. If you want your startup to prosper, you have to maintain a financial plan – both short-term and long-term to enable you to keep the cash flow consistent.
As a member of the European Union, Malta has experienced complete transformation in its economic activities. The country provides diverse business opportunities for expats living or coming to visit the country. Below are some business ideas you can start today.
Incorporating a company in Malta, or extending your existing business, provides an effective solution within the European Union. Malta’s competitive tax system, which includes a full imputation system and an extensive network of double taxation agreements, has proven to be a beneficial factor for companies deciding to form a company in Malta. Companies incorporated in Malta also benefit from a highly educated and English-speaking workforce. With an easy and straight forward company formation process, The Island has become an increasingly popular destination for starting a business. In this article, we will give you an in debt overview of the legal formats for company formation in Malta.