Doing Business In Malta
At The Heart of The Mediterranean
With Malta joining the European
Union in 2004, it became a destination of considerable interest to a range of foreign investors.
As foreign direct investment in various sectors is imperative to the Maltese economy, it is in turn an open one. Thus, the attitude toward inward investment is that of encouragement and assistance; in government, its agencies, the financial institutions, professional support and prospective local partners.
There are an ample array of reasons to select Malta as a destination to invest, inclusive of its excellent geographic location, its communication infrastructure, its educated and skilled English-speaking labour force, a stable political environment, a strong industrial relations record and an overall agreeable climate.
Malta is still a reasonably priced
location where the cost of living is
relatively low by European standards, as
are labour costs. Malta’s business laws
and practices are standard, while the
work and business ethic is high. The
legal structure is based on the civil law pattern of continental Europe, but
most administrative, financial and fiscal
legislations are based on British laws. Malta also enjoys strong international treaties with most countries and provides competetive tax advantages.