C2008 Cartwright Associates

As well as all the many benefits of living in Malta/Gozo ie: the fantastic climate, extremely low crime rates (especially on Gozo where it is common for people to leave their cars unlocked and door keys in the outside of their doors), slow pace of life, English speaking, friendly locals, low cost of living etc., there are also the low taxation rates.

 

There is NO council or property tax.

There is NO capital gains tax  for residents

There is NO inheritance tax

 

A flat taxation rate of 15% only on amounts remitted to Malta with a minimum liability of LM 1800 (4,193 Euros) per annum.

 

Residents are not subject to taxation on worldwide income.

 

There are taxation discounts for electronic manufacturing companies

 

International Trading Companies pay taxation at a rate of only 4.17%

 

There is double taxation treaties with 45 countries.

 

(This information is correct at the time of publication)

 

 

 

(The above information  was current as at November 2007)