Boosting the Maltese Economy With the Help of SMEs

 

The social and economic progress in Malta is strongly related to the small and medium enterprises which continue to gain credibility and sustainability on the international market. The national business model is the recipe for success not only for local but also for foreigners who want to develop their activities in the Maltese market. The company formation in Malta is less restrictive and offers the same rules and regulations for both local and foreign investors. Our company incorporation agents in Malta are at your disposal with assistance in matters of registration with the authorities in charge.

 

 

The reasonable business costs imposed at the time of company formation in Malta allowed the registration of numerous SMEs in the country in recent years. Because the tax regime is also favorable for businesses of such level, national and foreign investors can easily set up their activities in Malta. Likewise, according to the authorities in charge of the national business development, the Malta Stock Exchange played a serious role for SMEs willing to access the market at realistic expenses. All these attributes helped the Maltese economy to grow, as SMEs produced about two-thirds of Malta’s VAT.

 

The business model in Malta can represent a starting point for foreign investors interested in opening companies in the insular state. For company incorporation procedure in Malta, you can talk to one of our advisors.

 

 

Small and medium companies in Malta can be found in a wide range of sectors like tourism (the most prolific one), public services, manufacturing, education, healthcare, IT or engineering. The Maltese government has always sustained SMEs in this country through several types of encouragements which recently proved successful. To facilitate more the foreign investments in Malta, the authorities improved the business climate. The results were above expectations because they revealed that SMEs led to Malta’s first fiscal surplus in 2017. Helped by the positive results, Malta succeeded to erase the deficit and to align with other European countries with fast economic developments.

 

Foreign investors can open companies in Malta and benefit from complete assistance offered by our team of company incorporation agents in Malta. Please contact us for further information.