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Tax residence programmes in Malta

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As companies grow and become more global in scope, employment issues become more complex. Among the most serious challenges businesses face today is compliance with multifaceted tax laws and labor regulations. Deloitte offers well-rounded plans and program development strategies that can help transform global employment programs in a tax- and cost-efficient manner. The below highlights some tax residence programmes in Malta.

The Residence Programme (‘TRP’)

This programme is applicable to EU/EEA and Swiss Nationals. Beneficiaries are entitled to:

  • A reduced rate of tax of 15% in relation to income remitted to Malta and subject to a minimum tax of €15,000 per annum.
  • Any Malta source income is subject to tax at a flat rate of 35%.
  • Foreign source capital gains are not taxable in Malta even if remitted.
  • A Malta income tax number is granted as part of the process. However, a Malta Residence Permit should be granted further to a separate application.
FS028: The Residence Programme Rules, 2014 for individuals who are EU, EEA or Swiss nationals

The Global Residence Programme (‘GRP’)

This programme is applicable to non-EU/non-EEA and non-Swiss Nationals. Beneficiaries are entitled to:

  • A reduced rate of tax of 15% in relation to income remitted to Malta and subject to a minimum tax of €15,000 per annum.
  • Any Malta source income is subject to tax at a flat rate of 35%.
  • Foreign source capital gains are not taxable in Malta even if remitted.
  • A Malta income tax number is granted as part of the process. However, a Malta Residence Permit should be granted further to a separate application.
FS008: Global Residence Programme Rules, 2013 for individuals who are non-EU/non-EEA/non-Swiss nationals

The Malta Residence and Visa Programme (‘MRVP’)

This programme is applicable for non-EU/non-EEA and non-Swiss Nationals and beneficiaries of this programme obtain a certificate of residence in Malta and which permits the eligible beneficiaries to reside, settle or stay indefinitely in Malta and travel within the Schengen Area. In terms of this programme, the beneficiaries will be taxable in Malta on a remittance basis of taxation, i.e. taxable only on all chargeable income arising outside of Malta to the extent that such income is remitted to or received in Malta (source income). Accordingly, any foreign source income not remitted to Malta would not be subject to tax in Malta. In addition, all capital gains arising outside of Malta’s are not taxable in Malta irrespective of whether or not these gains are remitted to or received in Malta.

FS031: The Malta Residence and Visa Programme
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