Malta is a country with a stable economy and a stable banking system. It does not work with non-residents under the usual offshore scheme what protects the country from the blacklist of offshore companies, and investors from damage to their reputation. Maltese government believes that foreign investment will be good for the economy of the country, and provides investors from abroad some benefits, such as special tax regime, reducing the rate of sufficiently high income tax. And if the resident receives income outside of Malta, he is not a taxed.
WHY THE ACCOUNT IN THE OFFSHORE BANKS OF MALTA IS USEFUL?
Lovely mild climate, well-developed infrastructure and high living standards glorified Malta as an ideal place to change residence, and the possession of an offshore account will especially help: one of the conditions for obtaining a residence permit here – a certain amount of funds contributed to the state’s economy.
Open an offshore account in Malta is often very useful for conducting business. Thus, account in Malta makes it easy to open your own business in this country, run a particular production, and as a result it is much easier to enter the market across Europe. Company with a corporate account in the Maltese bank and registered here can freely trade with all other countries of the European Union, and it will be much easier to start its activities in any other corner of the world. Banking procedures here are simple and straightforward, local banks are stable and reliable; all of this contributes to the popularity of Malta as a holder of personal and corporate funds.
Despite some high cost of opening and servicing accounts compared to other offshore areas, a bank account in Malta guarantees simple and reliable service, and a great reputation in this country does not make investors worry.
WHAT IS REQUIRED FOR OPENING AN OFFSHORE ACCOUNT IN MALTA?
To open your own offshore account in one of the Maltese banks except completed Bank questionnaire following documents are required. Private customers represent the original document that verifies the client’s address, a notarized copy of their passports and bank references. Corporate clients will require a certificate of good standing and a full range of corporate documents notarized.
Correctly composed and prepared documentation almost always becomes a big step, giving an advantage during opening an account. That is why the advice of professionals, working daily with accounts of Malta, will be a great help in preparing all cases. Our experts will orient client in Maltese law, tell you about all the nuances of the opening and administration of business on the island, will help to choose the best bank and will collect and prepare all necessary documents. That is what will guarantee success on the sunny Malta. Contact us and find out all the details about the opening of corporate and personal accounts in Malta!
- General characteristics of Maltese companies
- Establishment and registration of companies in Malta
- Registration of private funds in Malta
- Establishment of investment funds in Malta
- Hedge funds establishment in Malta
- Registration and financing of purchase of yachts and super-yachts
- Leasing possibilities when buying yachts
- Yacht management
- Management of private aviation
