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Financial Centre

An International Operations Base

In a blossoming economy

Malta has no natural resources other than some quarried stone which is used for domestic housing. The economy therefore is a very open one, with Malta having to import practically all its needs . Its traditional export has been tourism which saw its beginning in the 1960's and which has flourished ever since. This was followed by the manufacturing industry especially in the textile industry.

While tourism continued to go from strength to strength, the textile industry slowly began to collapse. The need was felt to diversify and for this reason the first financial incentives to foreign investors where seen in the 1980's. Thus was born the financial sector in Malta. This sector continued to evolve over time and moved away from being an offshore regime to an onshore financial centre.

By time, Malta diversified into a large variety of markets, some of the most important of which are:

  • Micro Chip Technology
  • Pharmaceuticals
  • Medical equipment
  • Telecommunications
  • ICT
  • Shipping
  • Yachting Industry
  • Remote Gaming

There are several reasons why investors should consider investing in Malta today these are:

  • A member of the EU
  • Member of the Euro zone
  • Part of the Schengen area
  • A strong double taxation treaty network (over 50)
  • A sound banking system with a good representation of foreign banks
  • Strategically located in the centre of the Mediterranean
  • A low cost operational base
  • A sound and modern legal and tax framework
  • A single, flexible and accessible regulator
  • A professional English speaking workforce with a European mentality
  • A strong industrial relations record
  • A stable Government
  • A national consensus in the political arena vis a vis the financial sector
  • Central European time zone
  • An excellent ICT infrastructure
  • Well connected to all Major European and north African Cities
  • A very well educated and flexible workforce
  • A pleasant country with a warm climate with a "Holiday feel" to it
  • Very good connections with North African and Middle East countries

| 05.07.2009 |