Malta effective tax rate - from profit to pocket?

[blubb]

Would love⁠ to know which provider you went with in Malta, all quotes I got were much⁤ higher?

 

[Mr Gus]

Local one focusing on Maltese clients, they‍ have limited spots for foreign clients.

 

[blubb]

Mela, I feel very Maltese, even though my ID card number‍ ends in A 😀

 

[JustAnotherNomad]

This is what I meant:
https://www.offshorecorptalk.com/th...company-owning-uk-ltd-where-to-pay-tax.40245/

 

[Maverick7]

Thanks for all the comments. I'm still open to any recommendations for providers - doesn't‌ have to be the cheapest. Google is a bit of a minefield.

 

[JustAnotherNomad]

I've written a bit about the treaty-nonresident status here, check it out: The treaty non-resident‌ UK Ltd. - the best-kept offshore secret?

 

[landogarner]

Sorry, my information is different. Any foreign gains are‌ tax free in Malta unless remitted.

 

[MarkusCostigan]

CAPITAL GAINS, even if remitted, are tax free. Other incomes‍ are taxed if remitted.

 

[landogarner]

There is also a flat tax scheme of 15% in Malta and a minimum annual‌ tax of 15.000 EUR with the possibility to remit 100.000 EUR. That should be enough‍ to make your living here.

You will be happy in Malta if you are young,⁠ like party and do not have very high standards regarding the educational and lifestyle level⁤ of the expat community. Acceptable housing (with heating for the chilly wet winters) is very⁣ expensive. For me Malta is a big delusion (everybody tells me that it has changed⁢ for the worse in the past 5 years mainly) and if I should choose again︀ I would go to Cyprus with the 60 days scheme and stay somewhere else for︁ the rest of the year (respecting the 183 days limit). Just my 10 cents..

Sorry, checked again, you are right