Here are just a few of the reasons why Templar is based in Malta:
Malta is a European country with robust regulation, recognised throughout Europe.
The Financial Services Regulatory body, Malta Financial Services Authority is well established and highly respected. On 1 May 2004 the Central Bank of Malta joined the European System of Central Banks (ESCB) and on 1 January 2008 it became part of the Eurosystem. The main objective of the Eurosystem and the Central Bank of Malta is to maintain price stability. In order to meet this objective, the Central Bank of Malta participates in the preparation and decision-making process of the Eurosystem’s monetary policy.
Economic Forecast - The European Commission publishes macro economic forecasts 3 times a year - Following exceptional growth rates in 2014 and 2015, and strong growth in 2016, real GDP growth is forecast to remain robust in 2017 & 2018 and Malta's budget balance is in surplus. See the full European Commission Malta Economic Forecast here and the European Commission overview video in the right hand column.
Double Taxation treaties - Malta boasts such treaties with some 70 different countries. These prevent a resident from one territory being taxed twice on income/gains made in another territory.
These prevent a resident from one territory from being taxed twice on income or gains he/she makes in another territory.
Company Domicile - Malta is a preferred choice for various reasons, including:
- Only EU member state with full imputation system;
- Extensive network of double taxation treaties, plus benefits even when no bilateral treaty in force;
- Refundable tax credit scheme – on revenues as dividends to shareholders, resident & non-resident;
- Ideal tax residency status for individuals.
- Compliant with EU non-discrimination system
- Gained approval from OECD
High Speed Internet - Malta has an excellent telecommunications network with speeds of 60 Mbps typical and up to 250 Mbps possible.
A Growth Environment - Malta is an up and coming jurisdiction for Fund Managers, Trustees, International Trading and Technology Companies. The international accountancy KPMG provides a good summary on the Maltese economy and its growth here 2017 Maltese economy - The last 10 years
Lifestyle - Malta won “Europe’s Favoured Domicile” in the Hedge Fund Service Provider 2013 rankings and was ranked as the 6th best place to retire to by Forbes/International Living in January 2015 - also rated as having the best climate in the World in 2011 by International Living Magazine. Yes, it's sunny.