Redomiciliation of companies
A company constituted outside Malta under an approved jurisdiction which is similar in nature to a Maltese company may be redomiciled/continued to Malta. Companies incorporated in Malta may likewise be redomiciled to another country. For redomicilation to be allowed, the company must have been constituted under the laws of an approved jurisdiction. Such jurisdictions include EU member states and EEA members, OECD members, Jersey, Gibraltar, Isle of Man, Guernsey, British Virgin Islands, Cayman Islands, Bermuda, Bahamas and Mauritius.
A foreign company that redomiciles to Malta is treated as domiciled and ordinarily resident for Maltese tax purposes and thus becomes subject to tax on its world-wide. At the same time, the company will benefit from Malta's extensive double taxation treaty network and may also benefit from certain exemptions, including for instance, a Participation Exemption on certain foreign dividends and capital gains. The shareholders of the company redomiciled to Malta will become entitled to refunds on tax suffered by the Maltese company and certain other benefits.
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