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This year looks like the refund is little slower than past year... Last year i paid taxes of 2018 tax statement first week of September and i get refund in 8/10 days, this year i'm waiting for approval yet!

Little update, also deloitte confirm the CFC rule and remittance basis for taxation of foreign companies resident in Malta but non domiciled because their management and controlled is in Malta (director resident in Malta). At the moment it's confirmed from Chetcuti Cauchi, Deloitte, 3amalta...

Thanks for your explanation so you are telling that almost all country less US and few other jurisdictions are not CRS, but your link show that in the CRS jurisdiction like Belize, for example, if you open bank account they will not exchange automatically informations with others countries but...

I found crs here Exchange relationships - Organisation for Economic Co-operation and Development And all countries, also the Caribbean are doing automatic exchange of data.... at the moment only Albania and few orher in EU don't agreed yet, so your link i think is not correct please check @xzars

Yes you are right it's hard to find good law firm! But i think that must be some here! What do you think of Hbm group ?

So we can't trust of any one in Malta, same thing 3amalta and other law firms, i will ask also to csb group. But i think that this is common in Malta!

But sure for example you have uk ltd that produce food for example, soft drink, but the uk company have just registered office in uk and the production is made in Malta, in this case also if sales are to non maltese company it will be considered resident AND DOMICILED in malta (DOMICILE OF THE...

All depend on what you are doing and what is your business i think! But when law say: A company which is resident in Malta by virtue of its management and control effectively being exercised in Malta, but is not domiciled i.e. not incorporated in Malta, is charged to tax in Malta only: (we...

Yes but the law above are referring at foreign company managed and controlled in malta, so for example ltd uk with me as director and secretary without worker in uk... i sell online phones, i never get phones here in Malta i've contract with warehouse in uk so all work made there, like...

@Elve My situation is all under the sun light! I'm director of uk ltd company, i'm resident in Malta as non dom so remittance basis system for company and me is applied... i've no customers in Malta that ”˜s all.... so you are telling that chetcuti cauchi are lying ?

Again anyone deceived malta government!! The maltese law say A company which is resident in Malta by virtue of its management and control effectively being exercised in Malta, but is not domiciled i.e. not incorporated in Malta, is charged to tax in Malta only: on income arising in Malta...

@xzars about second proxy residence with real estate investment i can use it also to open companies? Because i would open belize company + belize or other Caribbean country bank account... Just to have same personal details on company documents as utility bill when i ll go to open bank accounts

I've ltd company in UK and i'm paying 19% pf corporate tax! Fictitious scheme could be malta non dom + offshore tax free but today just with some services you can use offshore tax free companies!

again you are confused! 5k is for person not for company!!!! we are talking of company that already paid taxes in other contry!!! why you mix laws?

i understand that you a lot of consultant are creating panic to have customers and to sell them more complex structure! but if you make a call to the main law firms in Malta they will tell you what chetcuti cauchi wrote...

again this is what the beest firm in Malta declared: it's clear or not? if we can't trust of the best law firm in Malta how can we do????????? this is what cauchi wrote: A company which is resident in Malta by virtue of its management and control effectively being exercised in Malta, but is...

you should remember always the The remittance system of taxation in Malta: A company incorporated under the laws of Malta is considered ordinarily resident and domiciled in Malta. Companies which are ordinarily resident and domiciled in Malta are subject to tax on their world-wide income. A...

this is from Chetcuti | Published on 03 May 2011 | Updated on 12 Oct 2018 Taxation of non-Malta domiciled Companies resident in Malta A company which is resident in Malta by virtue of its management and control effectively being exercised in Malta, but is not domiciled i.e. not incorporated in...

for example you are resident and non dom in Malta, you have company in UK please share the second law of effective management... because it's strange that one law go against another law... what is the true one?

yes this is description of what it's foreign company controlled, but after there are 4 points that make HUGE difference: Provided that the said company is the taxpayer and the said significant people functions are carried out in Malta. (3) There shall be excluded from the scope of...