Why Investing in Malta?
Malta has created the right economic environment to meet the demands of the global investment market. It has strong and long-standing links with Europe, North Africa and beyond and has a liberal foreign investment policy.
Advantages of Investing in Malta
Malta offers numerous advantages to foreign investors seeking to set up shop on the island, including:
- Membership of the EU
- Adoption of the Euro in January 2008
- Financial Services account to 13% of GDP
- Highest percentage share of hi-tech imports and exports within the EU
- High inward Foreign Direct Investment (FDI) performance and high inward FDI potential (World Investment Report 2007)
- Stable credit ratings
- Established trade links with Europe, North Africa and Middle East
- Dedicated and well educated workforce
- High quality educational facilities, easy to set up courses tailor made for specific industries, able to quickly adapt to the needs of industry
- Close ties to Europe as well as North Africa
- Smart City Malta, Second Dubai Internet City in the world
- Hub for knowledge based industries
- Centre for excellence
- Multilingual workforce - English is a primary language and Italian, French, German and Spanish are widely spoken.
- Modern developed telecommunications system, wireless internet connections, VOIP, WiMax, and 3.5G
- Malta Freeport, servicing 115 ports worldwide
- International Airport has direct flights to 37 major cities
- High quality health care services.
Invest in Malta: A Centre of Business Excellence
Malta has a thriving industrial sector with over 200 foreign and some 400 locally-owned manufacturing companies. Products made in Malta are exported worldwide and comprise semiconductors, electronic components and sub-assemblies, pharmaceuticals and medicinals, rubber and plastics, fabricated metal products and machinery, software, garments, food products and others.
The flexible and highly-trained multi-lingual workforce is Malta’s main asset and helps to ensure the country’s competitive edge through high-quality production at costs that are highly competitive relative to mainland Europe.
Malta offers a modern transportation infrastructure, state of the art telecommunications networks, and frequent air links to Europe, North Africa and Middle Eastern destinations. Malta’s strategic location in the centre of the Mediterranean as well as its excellent harbours and Freeport make it an excellent manufacturing location.
Helping Entrepreneurs: The Business Promotion Act
The Business Promotion Act (BPA) has succeeded the Industrial Development Act in attracting foreign investment and encouraging foreigners to do business in Malta. It has been in force since 2001 and introduces greater scope and flexibility to the incentives available for the promotion of business, and covers a much wider range of qualifying sectors and activities than before. The BPA provides incentives for those industries demonstrating growth and employment potential that are engaged in manufacture (including software development), repair, improvement and maintenance activities.
The Business Promotion Regulations, issued in terms of the Business Promotion Act, provide attractive fiscal incentives for companies engaged in particular manufacturing and qualifying activities. The incentives available under the Business Promotion Act may be subdivided under two headings namely, tax related incentives and non-fiscal related incentives for doing business in Malta.
Our Malta Investment Experts
Our firm has evolved in tandem with Malta's growth as an international centre of business excellence. Our lawyers and professionals have for over a decade assisted businesses of all kinds with all aspects of their Maltese operations, helping them to leverage the benefits which the jurisdiction offers to their advantage. We understand that working in a new and unfamiliar jurisdiction can be daunting, and seek to facilitate every aspect of the experience including locating immovable property and potential recruits. Our professionals will not just give you a high standard of advice and guidance; we will also provide you with valuable local knowledge.