Malta

Malta has become a very attractive jurisdiction to incorporate an EU company. It has the lowest corporate tax if you can wait for the refund. Corporate tax is 35%, but the Government refunds 30%. Normally the tax refund is on payees account within 5 days.

Malta has become the world blockchain island. They introduced new regulations for blockchain, cryptocurrency and distributed ledger technology. In other word, Malta is one-stop-land for everything related to blockchain including technology development. There’s just one catch…the licensing is ridiculously expensive. We would say it is a destination for big players only. Though, looking at a wide picture, Malta will attract all serious players in this industry and take care of all their business development strings. We all know how much money is involved in this game! We also know that Malta has experience with setting up a quality regulation environment for such industries. They did a good job with gaming industry already.

Corporate tax VAT
35%, but 30% is refunded 18%

Limited liability company

LLC

Minimum Share capital

1250 EUR

Registered office required

Yes

Physical office required

No

Min. number of Shareholders

1

Min. number of Directors

1

Local Director required

No

Other requirements

No

Bank signatory must travel

Yes

Timescale for company formation

7 days

Timescale for bank account opening

14 day

Timescale for obtaining VAT number

7 days

Statutory audit requirements

Not if the turnover is less than 93000 EUR

Shelf companies available

No

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