Malta and Croatia enjoy excellent bilateral relations, the commencement of which dates back to June 1992. Apart from tourism and collaboration in transhipment operations, Malta’s ideal geographic location attracts business flows directed to the EU or North Africa while Croatia is Malta’s gateway to south-eastern Europe.
In 2000, a Double Taxation Relief (Taxes on Income) (Republic of Croatia) Order was adopted through L.N. 71 of 2000. This Agreement provides for relief from double taxation by allocating taxing rights, depending on the nature and source of the income, and providing for double tax relief mechanisms, such as a tax credit or exemption. The Double Tax Treaty is backed by several other agreements between Malta and Croatia.
In 2001, the two states signed an agreement on the promotion and reciprocal protection of investments which came into force in 2002. This agreement strengthens the commitment to continuous growth on political and commercial levels between the two, both within the EU and the Mediterranean context. Indeed, on 2 April 2012, the Government of Malta deposited the Instrument of Ratification, being the sixth EU Member State to ratify the Treaty concerning the Accession of the Republic of Croatia to the European Union after unanimously agreement in March of the same year.
Following a business delegation of Maltese entrepreneurs from the tourism, infrastructure and ICT sectors led by Dr. Michael Frendo, as Foreign Minister, in 2005, efforts are being made to increase cooperation on trade and investment, tourism and culture and the financial services.
On the one hand, Croatian companies have expressed a particular interest in investing in Malta's electronic component sector. On the other, Maltese construction companies and businessmen are involved in Croatian healthcare services and have managed to establish good business relations in yachting and merchandising. Other areas of interest for Maltese investors are namely the educational and cultural sector, tourism, and maritime and aquaculture.
The relationship is further substantiated by an agreement between the GRTU and the Croatian Chamber of Trades and Crafts.
[Full List of Malta Double Taxation Agreements]
Malta and Croatia enjoy excellent bilateral relations, the commencement of which dates back to June 1992. Apart from tourism and collaboration in transhipment operations, Malta’s ideal geographic location attracts business flows directed to the EU or North Africa while Croatia is Malta’s gateway to south-eastern Europe.
In 2000, a Double Taxation Relief (Taxes on Income) (Republic of Croatia) Order was adopted through L.N. 71 of 2000. This Agreement provides for relief from double taxation by allocating taxing rights, depending on the nature and source of the income, and providing for double tax relief mechanisms, such as a tax credit or exemption. The Double Tax Treaty is backed by several other agreements between Malta and Croatia.
In 2001, the two states signed an agreement on the promotion and reciprocal protection of investments which came into force in 2002. This agreement strengthens the commitment to continuous growth on political and commercial levels between the two, both within the EU and the Mediterranean context. Indeed, on 2 April 2012, the Government of Malta deposited the Instrument of Ratification, being the sixth EU Member State to ratify the Treaty concerning the Accession of the Republic of Croatia to the European Union after unanimously agreement in March of the same year.
Following a business delegation of Maltese entrepreneurs from the tourism, infrastructure and ICT sectors led by Dr. Michael Frendo, as Foreign Minister, in 2005, efforts are being made to increase cooperation on trade and investment, tourism and culture and the financial services.
On the one hand, Croatian companies have expressed a particular interest in investing in Malta's electronic component sector. On the other, Maltese construction companies and businessmen are involved in Croatian healthcare services and have managed to establish good business relations in yachting and merchandising. Other areas of interest for Maltese investors are namely the educational and cultural sector, tourism, and maritime and aquaculture.
The relationship is further substantiated by an agreement between the GRTU and the Croatian Chamber of Trades and Crafts.
[Full List of Malta Double Taxation Agreements]