Most of Malta`s double taxation conventions comply with OECD standards and provide that Malta has also signed double taxation agreements with Russia, China, the United States, Canada, Australia and some countries in Africa and South America. If you want to know if your country has a double taxation agreement with Malta and what its provisions are, you can contact our lawyers. You can also ask our Maltese lawyers if you want to start a business in this country. All Maltese governments have tried to provide a favourable environment for foreign investors who set up businesses in the country, which is why they have concluded more than 70 double taxation agreements with other countries. To date, Malta has obtained more than 60 of its double taxation conventions, the others until they are ratified. Once concluded, a double taxation agreement will end the imposition of a Maltese tax. Agreements with foreign partners will be reviewed in accordance with President Vladimir Putin`s instructions. In his speech to the nation in March 2020, the president said it was unfair to tax the incomes of offshore companies at rates below income tax. The President gave instructions to amend agreements with these countries so that income paid abroad, such as interest and dividends, would be taxed at the same rates as in Russia, or 15 per cent. In order to stimulate the growth of international trade, including trade in financial services, successive Maltese governments have attempted to enter into double taxation agreements with major trading partners and emerging countries. These bilateral agreements address issues related to double taxation of passive and active income. Existing tax treaties can be found here.
Among the countries with which Malta has signed double taxation agreements, here is: For more details on all countries Malta has double taxation agreements with you can ask our Maltese lawyers. The following entities are considered stable institutions in accordance with the double taxation conventions in Malta: most of Malta`s double taxation conventions use similar tax rates and exemptions. In addition, all double taxation agreements cover the same taxes. Under the Maltese Double Taxation Convention, foreign investors in countries that have entered into such agreements benefit: most Maltese double taxation agreements are subject to the following reduced rates: In the “Stored Elements” section, there is already an article entitled “Stored Elements” Information on the country`s tax regime is available in our law firm in Malta. Foreign entrepreneurs can count on us to request EORI numbers in Malta. In addition, most of Malta`s double taxation agreements have been amended to allow for the exchange of tax information.