How does employees and company taxation work in Malta? Employers deduct the tax payable by employees at the source and pay them social security contributions, equal to 10% of their salary. Another 10% of the contributions is then paid by the employee himself. How does...
How does income taxation for legal entities work in Malta? There is no separate taxation regime for corporate profits, so companies and all other legal entities are subject to the same tax regime with rules that differentiate the different categories of taxpayers. Companies in...
How does taxation for self-employed workers work in Malta? Self-employed workers in Malta must pay a provisional tax in three installments during the year: 20% in April 30% in August 50% in December The balance is to be paid within the first semester of the...
The fifth and last type that we are going to analyze are natural persons who belong to the category of permanent residents who intend to transfer tax residence to Malta. They must obtain prior certification from the tax authorities on the basis of the “Permanent Residence...
The fourth typology that we are going to analyze are natural persons who belong to the category of temporary residents. Temporary residents are all those who reside in Malta for less than six months in the calendar year. These individuals are subject to tax only...
The third type we are going to analyze are natural persons who are neither resident nor domiciled in Malta. In fact, these subjects undergo taxation on income produced exclusively in the territory, as well as on income produced abroad but physically brought to Malta. How does...
The second typology that we are going to analyze are natural persons who, in addition to maintaining a foreign residence (with respect to Malta) reside or are resident in Malta. These subjects are subject to taxation on income produced in Malta, on income earned abroad but...
The first type we are going to analyze are natural persons with domicile and ordinary residence in Malta. These subjects are required to pay tax in Malta on income produced anywhere in the world, according to the principle of world wide taxation, similar to what...
How does personal income taxation work in Malta? The income of natural persons, in Malta, provides for the calendar year as the tax period and is taxed according to the following types of income: business income self-employment employee investment income income from capital gains The taxation of natural persons in Malta: similar...
The history and objectives of the Maltese tax system. Until the 80s of the last century, Malta was synonymous with an offshore location with low taxation. Now, and after the legislative changes introduced with the Income Tax Act and the Income Tax Management Act of...
