We understand that our clients look for peace of mind when engaging in particular transactions or moving to Malta to establish their residence. Our team supports the management of your assets and in planning your investments. We customise our tax services to suit your personal needs.  

Learn more about Malta’s Personal Tax System. 

Your taxes matter as much as your assets 

Be on top of your taxes in Malta, and let our team guide you toward tax compliance. 

 

Frequently Asked Questions

Q1. How much tax should I pay in Malta?

Resident and non-resident companies are subject to tax at 35%. However, shareholders are entitled to claim a refund of the tax paid in Malta on some of the dividends they receive from Maltese companies. The effective tax rate for non-resident & non-domiciled shareholders is 5%.

Q2. What is the applicable tax rate if you are relocating to Malta?

Maltese resident individuals are taxed at progressive rates of tax which fall within three categories, the ‘single’, ‘married’ and the ‘parent’ rates. The highest rate of tax is 35%, which is only applicable to income in excess of €60,000 a year.  In addition, Malta offers various types of Residence Schemes that grant the beneficiaries a Special Tax Status.

Q3. Will there be any deductions allowed against taxable income?

Yes, you are allowed to deduct all business-related expenses if you are engaged in business activity, provided that these are properly documented. Other personal expenses are deductible for tax purposes, including alimony payments, school fees, and childcare fees and fees paid for tertiary studies.

Q4. Is it entitled to claim relief for tax paid abroad?

Yes, you are entitled to claim a credit for the foreign tax suffered, which is usually set off against your Maltese tax liability. This is either by applying the applicable double tax treaty Malta signed with the country where you have paid tax or through provisions found in Maltese tax legislation. 

Q5. What income and capital gains will be subject to tax in Malta?

Individuals who are ordinarily resident and domiciled in Malta are taxed in Malta on their worldwide income and capital gains. However, if you are either ordinarily resident or domiciled in Malta, you are subject to tax in Malta on income and capital gains arising in Malta and on any foreign income remitted to Malta. Non-resident individuals are only subject to tax in Malta on income and capital gains arising in Malta.

Q6. What tax declarations am I required to file with the tax authorities?

As an individual, you need to file an income tax return and pay tax (if any) for each fiscal year (being a calendar year) by June of the following year. Malta’s income tax system is a self-assessment system. Thus, you will be required to declare the taxable income and capital gains (if any) for that particular year in your tax return.

Q7. Will relocating to Malta subject me to property, capital, wealth, inheritance and gift taxes?

Malta does not impose any property, capital, wealth, inheritance or gift taxes. However, tax is imposed on the transfer of certain capital assets, such as immovable property and shares.