Malta is a small but a beautiful island nation that is a new addition to the European Union. It is considered to be a favourable country especially for foreign investment and as a result there are multiple opportunities that are arising off late in Malta. You can literally start a new business here with complete assistance from EMD as they offer services in all fields related to business inception. There are multiple flourishing industries today in Malta and annually, multiple investors show interest in having a business base in Malta. To know details of the procedure and all kinds of support services provided by EMND, read the details given below.
EMD and its services
EMD is a well-known established business firm that offers business related support services to clients from all strata of society. The process of business inception especially in a foreign land can sometimes get bit difficult, but EMD provides you with all legal and support services right from documentation to marketing techniques. To get a Long-Term Residence Malta, you can approach the firm. To get this residence permit for non-EU citizens, it is a mandate that the person is residing in Malta for at least continuous 5 years. He/she should not be away from the island nation for more than consecutive 6 months in the states 5 years period. If all these criteria are met, then EMD can easily process your document to get your permit ready in very limited time period. There is a separate team for every service category including EMD advocates, EMD advisory and Malta residence and citizenship. To be a part of the country either as citizen or a businessman, you should adhere to Legal and Compliance Malta for as long as you are functioning in Malta. Other services offered at EMD includes the like of following:
- Financial services
- Intellectual Property Law
- Malta Taxation
- ICT services
- The Global Residence Program
- Recruitment and Human resources consultancy
- Business inception based on Malta Trusts And Trustees Act, which required documents from a trust stating the purpose for the formation of the trust
- Litigation and many others
Starting a business in Malta
One of the major reasons to start a business or establishment in Malta is its favourable taxation system that is quite favourable for the foreign investors. Not only such investors are offered tax exemptions, but the cost for business incorporation is comparatively low. Based on double taxation treaties, its is ensured that one should be taxed twice on the same income. Owing to its strategic position in the middle of the Mediterranean Sea, it is relatively easy to reach the country by air. Having multiple establishments and many foreign investors, the country is multilingual and multicultural. Follow below steps to start a business in Malta:
- The first and important thing is to choose the type of company, limited liability, general partnership, single proprietorship or overseas company
- Select an appropriate name or title
- Collect all relevant documents including those related to address, owner, stakeholders etc. for the company
- Get your company registered and collect the certificate of registration
- Register the company for VAT to officially start the company proceedings
