The Double Tax Agreement between Romania and Malta was signed in November 1995 and became effective in 1997. Both states have concluded numerous tax treaties with other countries, allowing individuals and companies resident in either of the two states to benefit from the extensive tax treaty network. The treaty between Romania and Malta envisages beneficial maximum tax rates for income derived by a resident in one of the states where such income arises in the other state, particularly in relation to dividend, interest and royalty income.
Apart from the Tax Treaty in force between Romania and Malta, the Romanian Minister of Foreign Affairs Teodor Baconschi and Minister of Foreign Affairs of the Republic of Malta Tonio Borg signed a Memorandum of Understanding in October 2010. The Maltese official delegation was accompanied by a group of businessmen pursuing the enhancement of contacts. The Memorandum of Understanding mainly relates to the organization of periodical consultations between the two Ministries of Foreign Affairs on political, economic, scientific, technological and cultural cooperation. The area of European Affairs is given special emphasis within this Memorandum.
The Memorandum forms part of the bilateral agenda between the two states built on the basis of a history of good relations, common EU membership and the drive for future development. Both Ministers expressed their support for making the best use of the existing potential for a balanced growth of trade and cooperation between Romania and Malta, despite the effects of the economic crisis. To this end, the Romanian Minister of Foreign Affairs held: “We will not stop at political consultations, we will also strive to focus on issues related to trade, to investment, to the dimension of cultural and scientific cooperation”. Other promising areas of investment, trade and technology commercialisation with Romania include construction, renewable energy, environmental services, transport & logistics, ICT, the automotive industry, education & training and travel & tourism.
Romania is represented in Malta through the Romanian Consulate in Valletta while Malta is represented in Romania through the Maltese Consulate in Bucharest.
[Full List of Malta Double Taxation Agreements]
The Double Tax Agreement between Romania and Malta was signed in November 1995 and became effective in 1997. Both states have concluded numerous tax treaties with other countries, allowing individuals and companies resident in either of the two states to benefit from the extensive tax treaty network. The treaty between Romania and Malta envisages beneficial maximum tax rates for income derived by a resident in one of the states where such income arises in the other state, particularly in relation to dividend, interest and royalty income.
Apart from the Tax Treaty in force between Romania and Malta, the Romanian Minister of Foreign Affairs Teodor Baconschi and Minister of Foreign Affairs of the Republic of Malta Tonio Borg signed a Memorandum of Understanding in October 2010. The Maltese official delegation was accompanied by a group of businessmen pursuing the enhancement of contacts. The Memorandum of Understanding mainly relates to the organization of periodical consultations between the two Ministries of Foreign Affairs on political, economic, scientific, technological and cultural cooperation. The area of European Affairs is given special emphasis within this Memorandum.
The Memorandum forms part of the bilateral agenda between the two states built on the basis of a history of good relations, common EU membership and the drive for future development. Both Ministers expressed their support for making the best use of the existing potential for a balanced growth of trade and cooperation between Romania and Malta, despite the effects of the economic crisis. To this end, the Romanian Minister of Foreign Affairs held: “We will not stop at political consultations, we will also strive to focus on issues related to trade, to investment, to the dimension of cultural and scientific cooperation”. Other promising areas of investment, trade and technology commercialisation with Romania include construction, renewable energy, environmental services, transport & logistics, ICT, the automotive industry, education & training and travel & tourism.
Romania is represented in Malta through the Romanian Consulate in Valletta while Malta is represented in Romania through the Maltese Consulate in Bucharest.
[Full List of Malta Double Taxation Agreements]