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Advantages of a Maltese company

Advantages of a Maltese company

Malta offers several tax benefits for people and businesses relocating to the island. Here are a few:

Attractive corporate tax: Malta has a corporate tax rate of 35%, but much of this tax is returned to shareholders in the form of dividends. Ultimately, this means that the effective corporate tax can be as low as 5%.

Double Taxation Treaties: Malta has signed double taxation treaties with over 70 countries, meaning businesses can avoid paying tax on profits twice.
Tax credits: Malta also offers tax credits for companies investing in specific sectors such as information technology, life sciences and aviation.

Tax benefits for individuals: Malta also offers tax benefits for individuals, including an exemption from capital gains tax for residents who sell their home after three years of ownership.

No inheritance tax: Malta does not levy inheritance tax on assets located abroad for non-residents.

However, it is important to note that Malta tax benefits may be subject to certain conditions and restrictions. It is therefore important to consult a tax advisor or lawyer before making important tax decisions.

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Advantages of an Irish company

Advantages of an Irish company

Ireland offers several advantages for companies wishing to set up on its territory, here are some of them:

Attractive corporate tax: Ireland offers a corporate tax rate of 12.5%, one of the lowest in Europe, making it an attractive destination for international businesses.

Economic Stability: Ireland is known for its economic stability, which is an important factor for businesses looking to invest in a country for the long term.

Skilled Workforce: Ireland has a skilled and multilingual workforce, which is an advantage for businesses looking to expand into overseas markets.
Favorable regulatory environment: Ireland’s regulatory environment is considered business-friendly, with clear and predictable legislation for businesses.

Investment Network: Ireland has a well-established investment network, which facilitates international investment and can offer benefits such as grants, tax relief and financing facilities.

Access to the European Market: As a member of the European Union, Ireland offers access to the European market, which can be an advantage for businesses looking to expand their presence in Europe.

It is important to note that the benefits of setting up a business in Ireland may vary depending on the specific circumstances of each business. Therefore, it is recommended to consult a lawyer or tax advisor to determine whether Ireland is the best jurisdiction for the business in question.

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Swiss banking secrecy

Swiss banking secrecy

Banking secrecy in Switzerland has traditionally been very strict and was considered one of the strongest in the world. It allowed Swiss banks to protect their customers’ financial information, including their identities, from disclosure to third parties, including foreign tax authorities.

However, in 2014, Switzerland introduced new legislation on automatic exchange of information (AEI), in line with international standards of the Organization for Economic Co-operation and Development (OECD). This legislation requires Swiss banks to automatically exchange tax information with foreign tax authorities.

In addition, Switzerland has signed information exchange agreements with many countries, including the United States, Germany, France, the United Kingdom and the European Union. These agreements allow foreign tax authorities to access the financial information of citizens and foreign residents held by Swiss banks.

As a result, Swiss banking secrecy has been significantly weakened in recent years. However, Swiss banks remain known for their discretion and respect for privacy, even though they are now required to comply with international tax transparency standards.

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Banking secrecy Montenegro

Banking secrecy Montenegro

Montenegro does not have a tradition of banking secrecy comparable to that of Switzerland. However, the Montenegrin Law on Banks and Financial Institutions provides provisions that ensure the confidentiality of clients’ financial information.

In accordance with international standards, Montenegro has established a regulatory framework to prevent money laundering and terrorist financing. This implies that Montenegrin banks must exchange financial information with competent authorities, including foreign tax authorities, in certain circumstances.

It should be noted that the confidentiality of financial information of clients of Montenegrin banks is not absolute. Montenegrin authorities may obtain information about clients’ bank accounts in certain circumstances, such as criminal or tax investigations, court proceedings and requests for international legal assistance.

In conclusion, although Montenegro is not known for its banking secrecy, the confidentiality of customers’ financial information is protected by legal provisions. However, as in any jurisdiction, the relevant authorities may have access to this information in certain circumstances.

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Holland company advantages

Holland company advantages

Holland (or the Netherlands) offers several advantages for businesses, including:

Favorable taxation: Holland has a favorable tax regime for businesses. For example, the corporate tax rate is relatively low compared to other European Union countries, and there are tax credits for research and development, as well as tax deductions for investments .

“Participation Exemption” Status: The Netherlands offers a participation exempt regime, which allows companies to exempt from tax profits made on shareholdings they hold in other companies.

Strategic geographic location: The Netherlands is located in the center of Europe, making it a hub for international trade. The country is also well connected to the rest of Europe thanks to its excellent transport network.

Modern Infrastructure: The Netherlands is known for having high-quality infrastructure, with modern and efficient ports, airports, rail and road networks.

Skilled Workforce: Holland is known for having a highly skilled and multilingual workforce, which facilitates international operations for businesses.

Good quality of life: The Netherlands is also known for its high quality of life, with a vibrant culture, beautiful nature and a quality healthcare system.
In summary, the advantages of a company in the Netherlands include advantageous taxation, an exempt participation regime, a strategic geographical location, modern infrastructure, a qualified workforce and a good quality of life.

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