Malta can essentially become a bridge into Europe for various Far Eastern, North/South American or African businessmen.
As a “way in” to Europe, Malta has become a very popular stepping stone due to its very beneficial tax regime for trading companies and also the possibility of having a Maltese registered entity import goods from outside the EU which are directly imported within other Member States. Being within the EU also allows a Maltese company to benefit from Onward Supply Relief provisions, which allow a special customs procedure for certain goods (especially high valued items) to be kept within a duty suspension regime and released within other EU member states without incurring duty and VAT in Malta.
Malta can essentially become a bridge into Europe for various Far Eastern, North/South American or African businessmen. Moreover, many enterprises within the EU may position Malta as one of its prime jurisdictions wherein to position a trading subsidiary within the ambit of a group structure. Griffiths + Associates understands these salient issues arising from such cross-border trading and is geared towards providing the expertise in setting up and running such trading operations.