Malta Geography, History, and Culture

Located south of the Italian island of Sicily between Europe and North Africa, the Republic of Malta gained independence from Britain in 1964, after the Maltese people were awarded the George Cross for defending the crucial military bases there during the Second World War.

With its Mediterranean climate with mild winters and hot summers, Malta is a tourist destination with numerous recreational areas and architectural and historical monuments. Native Maltese people make up the majority of the island. However, the largest minority group are Britons, many of whom are retirees, having flocked there for its climate. It joined the European Union in 2004 and its economy is classified as ‘advanced’. Maltese and English are their two official languages.

2021
March 19Feast of Saint Joseph
March 31Freedom Day
April 2Good Friday
May 1Labour Day/May Day
June 7Sette Giugno
June 29Feast of Saints Peter and Paul
August 15The Feast of Mary’s Assumption
September 8The Feast of Our Lady of Victories
September 21Independence Day
December 8Feast of the Immaculate Conception
December 13Republic Day
December 25Christmas Day
  • Limited Liability
  • Corporation
  • Partnership
  • Corporate Tax: 35% (unless eligible for 30% rebate)
  • Income Tax (Lowest Marginal Rate): N/A
  • Income Tax (Highest Marginal Rate): N/A
  • VAT/GST/Sales Tax: 18% (7% and 5% for certain goods and services)
  • Akbank T.A.S.  (Commercial Bank)
  • APS Bank Limited  (Commercial Bank)
  • Banif Bank (Malta) plc  (Commercial Bank)
  • Bank of Valletta plc  (Commercial Bank)
  • BAWAG Malta Bank Limited  (Commercial Bank)
  • CommBank Europe Limited  (Commercial Bank)
  • Credorax Bank (Malta) Limited  (Commercial Bank)
  • Deutsche Bank (Malta) Limited  (Commercial Bank)
  • Erste Bank (Malta) Limited  (Commercial Bank)
  • FCM Bank Limited  (Commercial Bank)
  • FIMBank plc  (Commercial Bank)
  • Fortis Bank Malta Limited  (Commercial Bank)
  • HSBC Bank Malta plc  (Commercial Bank)
  • IIG Bank (Malta) Limited  (Commercial Bank)
  • Investkredit International Bank plc  (Commercial Bank)
  • Izola Bank plc  (Commercial Bank)
  • Lombard Bank Malta plc  (Commercial Bank)
  • Mediterranean Bank plc  (Commercial Bank)
  • NBG Bank Malta Limited  (Commercial Bank)
  • Novum Bank Limited  (Commercial Bank)
  • Pilatus Bank Ltd.  (Commercial Bank)
  • Raiffeisen Malta plc  (Commercial Bank)
  • Satabank plc  (Commercial Bank)
  • Sparkasse Bank Malta plc  (Commercial Bank)
  • Turkiye Garanti Bankasi A S  (Commercial Bank)
  • Nordea Bank AB Malta  (Commercial Bank)
  • Volksbank Malta Limited  (Commercial Bank)
  • Go Bank Malta Limited  (Commercial Bank)

Aadmi can support you with your expansion to Malta. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns.  Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.

Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.

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