At GMC we recognised the importance of sharing information. We therefore decided to convert some of the more regular queries we receive into our very own Frequently Asked Questions (FAQs) section. We hope this section is of use to you and we genuinely encourage you to keep on submitting your queries.
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GM Corporate and Fiduciary Services Ltd. 147/1, St. Lucia Street, Valletta VLT 1185, Malta. |
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+(356) 2123 5341 |
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info@gmint.com |
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| Q: |
What is the corporate tax rate in Malta? |
| A: |
Corporate tax rate in Malta is 35%, however by means of the full imputation system shareholders are entitled to receive a refund of any tax paid by the company. This means that upon receipt of a dividend from the Malta company which operates trading income, shareholders will become entitled to a refund of 6/7ths of the total tax paid. On the other hand, upon receipt of a dividend from the Malta company out of profits derived from passive interest or royalties, the tax refund is minimized to 5/7ths of the total tax paid. |
| Q: |
What are the corporate obligations with regard to income Tax in Malta? |
| A: |
A Malta company is obliged by law to register for Income Tax. The Malta company is then required to submit the annual income tax return by the end of nine months and to pay the balance of tax due to the Inland Revenue by the end of 12 months following the end of the company’s financial year. |
