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Our Culture is Getting Things Done |
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Sunday, 04 November 2007 |
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MALTA: OUR CULTURE IS GETTING THINGS DONE The Maltese economy is a very open one in which foreign direct investment in many of its sectors is vital to its continued growth. The overriding climate is therefore one of encouraging and assisting inward investment particularly in key and targeted sectors such as financial services and related industries. Inward investment is encouraged and assisted across the board by Government and its agencies, the financial institutions and professions and among prospective local partners.
There are numerous reasons to consider using Malta as a base for international operations. These include its strategic location in the centre of the Mediterranean, an educated and skilled English-speaking labour force, a stable political situation, a modern legal and tax framework, an accessible and flexible regulator, a strong industrial relations record, a “can do” attitude, excellent communications infrastructure, a convenient European time zone, and a culture within the industry of hard working professionals.
Malta is still a reasonably-priced location where the cost of living and labour are relatively low and the quality of life high by European standards. Malta’s business laws and practices are standard and the work and business ethic is excellent. A member of the European Union, since May 1 2004, Malta is strategically placed for international business at the crossroads between Europe, North Africa and the Middle East.
These factors, combined with a strong international tax treaty network and other tax-efficiencies, make Malta a unique, attractive proposition as an onshore, EU domicile for financial services.
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Last Updated ( Wednesday, 26 March 2008 )
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