Water & Shark’s Post

🌍 Exploring Business Potential in Malta: A Strategic Opportunity 💼 Of all the options that are available when looking at an opportunity to expand a company’s market overseas, Malta 🇲🇹 could not be counted out. A unique geographical position, beneficial tax conditions, and sustainable transport infrastructure make this island nation an appealing gateway to Europe and other parts of the world. Whether a business is in its infancy or a large multinational company, Malta has proven to be a conducive place for business. The Maltese economy thrives on a mix of key industries, including finance, technology, and gaming. Foreign investors benefit from Malta’s extensive network of double tax treaties and its membership in the EU 🇪🇺. This gives access to the bigger markets and offers a secure foundation for international business ventures. Looking at the aspects I have highlighted and considering my experience in working with international organizations, I believe Malta is a perfect place for investments. Because of the favorable taxation policies, an adequate skilled workforce, and a favorable business environment, these potentials cannot be overlooked. But when it comes to legal and tax aspects, it is always better to be as precise as possible and to consult the best professionals—and who better than Water & Shark. If you are interested or if your company is thinking about venturing further into the Maltese market, your thoughts or simply get in touch with me—let’s talk on how your business can succeed in this strategic market. #Malta #GlobalExpansion #BusinessStrategy #WaterAndShark #BusinessGrowth #TaxEfficiency 💡

𝗥𝗲𝗮𝘀𝗼𝗻𝘀 𝗧𝗼 𝗥𝗲𝗹𝗼𝗰𝗮𝘁𝗲 𝗬𝗼𝘂𝗿𝘀𝗲𝗹𝗳 𝗔𝗻𝗱 𝗬𝗼𝘂𝗿 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗧𝗼 𝗠𝗮𝗹𝘁𝗮 Last article, we discussed why it is important to reside in the same country where you are setting up your business and it was focusing mainly on the tax aspect. Finally, we were at the point why incorporating in Malta makes sense even without the taxation aspects since there might be other rationales. As everyone has heard about Maltese attractive tax environment with the unique full imputation system, allowing shareholders to benefit from tax credits and refunds on the tax paid by the company, about "Participation Exemption" beneficial for holding companies with investments in other jurisdictions, about double tax treaties, etc. But what about other benefits? 𝗟𝗲𝘁’𝘀 𝘂𝗻𝗽𝗮𝗰𝗸 𝘁𝗵𝗲𝗺 𝗼𝗻𝗲 𝗯𝘆 𝗼𝗻𝗲.   ➡️ Stable Legal Environment:  Malta has a stable legal and regulatory framework, making it a reliable and secure jurisdiction for business operations. The country's legal system is based on English common law but also adapted a civil code based on Napoleonic laws. ➡️ English Language:  English is one of the official languages, and all the legislation in Malta are in the English language. Business documentation is often in English as well, simplifying communication for international businesses. ➡️ European Union Membership:  Malta is a member of the European Union, offering companies access to the EU Single Market and benefiting from EU regulations and trade agreements. ➡️ Business-Friendly Environment: The Maltese government actively promotes a business-friendly environment, and the regulatory framework is designed to support entrepreneurship and economic growth. ➡️ Financial Services Hub: Malta has established itself as a reputable financial services hub, particularly in sectors such as banking, insurance, and fund management. ➡️ Skilled Workforce: Malta has a well-educated and skilled workforce, particularly in sectors such as finance, information technology, and gaming. ➡️ Incentives for Specific Industries: Malta provides specific incentives for industries such as gaming, aviation, and maritime, attracting businesses in these sectors. ➡️ Strategic Location:  Malta's strategic location in the Mediterranean makes it a hub for business activities connecting Europe, Africa, and the Middle East. ➡️ Quality of Life:  Malta offers a high quality of life with a Mediterranean climate, a rich cultural heritage, and a relatively low cost of living. 𝗟𝗘𝗔𝗥𝗡 𝗠𝗢𝗥𝗘: https://lnkd.in/dZfzbBkt

🔍 **Malta vs Cyprus: Which is the Best Country for Your Business?** Navigating the complexities of offshore business setups in Europe often brings entrepreneurs to two prominent contenders: Malta and Cyprus. Understanding the key differences can help you make an informed decision. 💼 **Taxation Insights**: 🔸 Malta: A corporate tax rate of 35%, with potential refunds reducing the effective rate to 5%. Beneficial tax incentives on foreign source income and capital gains. 🔸 Cyprus: A low corporate tax rate of 12.5%, among the lowest in the EU. Exemptions on dividend income and capital gains highlight significant tax advantages. 🏢 **Company Formation**: 🔹 Both Malta and Cyprus offer simplified company formation processes. 📈 Malta's Limited Liability Company (LLC) can be formed in about two weeks, requiring just one shareholder and one director. 📈 Cyprus's Private Company Limited by Shares (Ltd) forms slightly faster, within 7-10 days under similar conditions. 💳 **Banking**: 🌍 Both countries have robust banking infrastructures with international banks like HSBC in Malta and Bank of Cyprus in Cyprus. 🏡 **Residency Programs**: 🔑 **Malta**: Global Residence Program (non-EU) and Residence Program (EU) with a 15% flat tax rate on foreign income. 🔑 **Cyprus**: Non-Dom Program (non-EU) and Permanent Residence Program (EU) offering a flat tax rate of 5% on foreign income and a pathway to permanent residency. 🔄 **Decision Factors**: 📈 Cyprus might catch your eye for its low corporate tax rate. 📉 Malta could attract you with its generous tax refund system and quicker company setup process. 💡 Your specific business needs, including whether you plan to reside in the country, will ultimately dictate the best choice. 🤔 What has been your experience with setting up businesses in Malta or Cyprus? #Malta #Cyprus #offshorebusiness #taxplanning #companyformation #entrepreneurship #expatriation #globalbusiness>>>https://lnkd.in/gzPjbnv7

It's as easy as A B C! Just a few steps and you're good to go. 🌟 What do you need to establish a business in Malta? 1️⃣ Incorporate your Maltese company 2️⃣ Set up a holding in the UK 3️⃣ Find an office location 4️⃣ Appoint a director And that's it! You're all set to benefit from Malta's highly favorable tax system, including an effective corporate tax rate that can be reduced to as low as 5%. 🌍✨ At Malta Biz Solutions, we streamline the process, ensuring a smooth setup so you can focus on growing your business and maximizing your profits. 💼💪 Discover more about how we can help you leverage Malta's tax advantages and ask for a free consultation at: https://lnkd.in/d8wJWBrf #MaltaBusiness #TaxAdvantages #BusinessSetup #Entrepreneurship #MaltaBizSolutions

🚀 Looking to register your company in Cyprus but unsure whom to trust? We've got you covered! Here's our list of 254 company formation providers in Cyprus, including corporate agents, law firms, and accounting firms to suit your needs. Our website marks those with licenses, giving you the choice and confidence to make a successful decision. #CyprusCompany #CompanyFormation #BusinessRegistration #StartYourBusiness #BusinessSetup #CyprusBusiness #Entrepreneurship

Doing business through a Cyprus Company Many international businesses are relocating in Cyprus to setup a company, a branch, a holding company or other structure like partnerships and trusts. Cyprus Companies offer many competitive advantages when compared with other global business centers. The following factors make Cyprus one of the most attractive international business hubs in the world for doing international business activities. . . . Read full article here: https://lnkd.in/dwY8pRRk #cypruscompany #TaxIncentives #DoingbusinessthroughaCyprusCompany #PersonalIncomeTaxin #Cyprus #PoliticalStability #UsesofCyprusCompanies #ThePlaceofBusinessinCyprus #OperativePlaceofBusinesinCyprus #VerifiablePhysical #Infrastructure #VerifiableBusinessActivities #ApserouShiaka

TOP 5 factors to consider before opening a legal entity in Portugal Every business owner, CEO, or founder should consider the following: 🔷 Legal and Regulatory Requirements🔷 🔻 Understand the different types of legal entities and choose the one that suits your business needs. 🔻 Familiarize yourself with the steps for registering a business 🔻 Ensure you comply with local laws and regulations 🔷 Taxation and Financial Obligations🔷 🔻 Understand the corporate tax rates and requirements 🔻 Set up a reliable accounting system to manage financial records and ensure compliance 🔻 Explore available tax incentives and benefits for startups and businesses 🔷 Cost of Doing Business🔷 🔻Consider the initial setup costs, including legal fees, registration fees, and others 🔻Factor in ongoing expenses such as payroll, rent, utilities, taxes 🔻Assess your funding options and whether you need local or international investment 🔷 Labor Market and Talent Acquisition🔷 🔻Understand the local labor market and employment laws, including contracts, working hours, employee rights 🔻 Develop a strategy for recruiting and retaining skilled employees 🔻Be aware of the local cultural and business practices 🔷 Market and Business Environment🔷 🔻Conduct thorough market research to understand the demand, competition, and potential customer base 🔻Build connections with local business networks, industry associations, and potential partners 🔻Evaluate the economic and political stability of Portugal