Safety and certainty are essential aspects when structuring international investments. In order to meet investors’ needs, it is possible to ask the Maltese tax authorities to issue an advance tax ruling that is valid for 5 years and renewable for another 5 years.
If the legislation is amended during the term of an advance tax ruling, the ruling remains valid for 2 years, or up until the end of the term if less than 2 years are left.
Maltese workers’ Social Security contributions are paid by the employer and the employee, each paying 10% on the respective wages.
The ITA makes provision for a number of exemptions. These are the most Relevant tax exemptions for companies in Malta.