Why Malta?

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The Maltese archipelago is situated in the heart of the Mediterranean. The island is strengthening its name as an appealing spot for conference hosting apart from traditional tourism. With the abundance of attractions, Malta is the perfect place to hold a flawless business event or holiday!

Malta’s status as an EU Member State, and moreso with the adoption of the Euro on 1st January 2008, further enhances the country’s attractiveness as a centre for international business in the Euro-Mediterranean region.

Situated just 95 kms south of Sicily and 290 kms from the North African coast, Malta is well placed for international business - right at the crossroads of Europe, North Africa and the Middle East.  Malta’s coastline is picturesque with many harbours, bays, creeks, sandy beaches and rocky covers. The main island, Malta is 27 kms long and its widest point measures 14 kms. Two much smaller islands, Gozo and Comino, form the Maltese Archipelago.  The islands are characterised by a series of low hills with terraced fields on the slopes. Malta’s climate is strongly influenced by the sea is typical of the Mediterranean, with sunny and hot summers while winters are mild with temperatures in the region of 12oC.

It takes a mere 2 to 3 hours to get to Malta by air from most European cities. There are frequent and direct flights to Malta from London, Rome, Paris, Frankfurt, Brussels, Geneva, Athens, Amsterdam, Madrid, Munich and Vienna amongst other. Other frequent flights are also operated from North African and Middle East destinations.   As an EU country, Malta's requirements on visas fall in line with EU policy.  Malta also forms part of the Schengen travel area.  Daily high speed catamaran services for passengers, cars and heavy vehicles connect Valletta, Malta and Sicily.  Other ferry services connect Valletta with Italy and North Africa.

The island  offers a multilingual service since most of the population apart from speaking the native Maltese language they are also able to speak English and Italian fluently.The Maltese have a high regard for education with 60% of students completing their tertiary level of education. Moreover, the University of Malta is the oldest in the Commonwealth outside Britain.

govmt 2The Government of the Republic of Malta has a clearly articulated ICT Vision and Roadmap which has already taken Malta to the front in Europe in terms of several important ICT indicators.

The Government has privatised telecommunications.  It supports investment and international business with a very attractive taxation regime.   

As a European Union member state, Malta has an excellent rate of take up of European Commission funding support and actively seeks to become an ICT hub for the Mediterranean and further afield. 

Malta's colorful multicultural history has created a nation of independent people who can trace their ancestry and influences to many parts of Europe, Northern Africa and the Middle East, making it an international cross roads and meeting place. Maltese and English are the official languages.  Malta has enjoyed significant inwards investment from European nations such as Germany, and further afield from the UAE, the latter particularly in the telecom industry and also in the SmartCity Malta project.

The Government of the Republic of Malta is fully committed to the National Agenda of advancing as a Smart Nation, investing heavily in infrastructure and ICT education.    

Rapid access to the Government and industry key decision makers is available and the small but high density population make Malta an excellent test bed for new technologies.    

Malta's wonderful location in the Mediterranean Sea, good travel connections and services industry has made it a famous tourist destination.  Malta also boasts excellent diving and the world's oldest standing structures, predating the pyramids of Egypt.  

Business Opportunities

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The advantages of investing in Malta are myriad and include a broad and comprehensive package of incentives. However, Malta offers more than financial incentives to foreign investors; it offers a complete environment that is conducive to business. There is the island’s location in the heart of the Mediterranean, its excellent air and shipping facilities, a proactive business environment, and English as the business language, which have all made Malta a location of choice for foreign direct investment and international trade.

Boasting a highly-educated and skilled English speaking workforce, a European time zone, a Mediterranean lifestyle, competitive incentives package, as well as frequent air and sea connections, Malta is a sound choice for foreign direct investment and international trade.

Malta's legislative and regulatory systems, formulated and implemented to create a solid yet flexible framework for business, its advanced telecommunications infrastructure and a multitude of highly skilled professionals in every field, have also helped Malta to win both investment and international recognition.

TAX ON ROYALTIES:  Malta provides a favourable environment for Innovation, the establishment of Research & Development operations and software development, not least for the favourable tax treatment of royalties and income from intellectual property.  Since late 2010, income from intellectual property (IP) developed and owned via Malta qualifies for full exemption to tax.  These will be of significant interest to Malta's thriving e-gaming, software development and e-commerce sectors.

These combined advantages make Malta one of the most attractive investment locations in the region. Record levels of investment are now flowing into Malta as the international business community discovers the advantages of doing business from this Mediterranean island.

An island which boasts an advanced communications setup and a business environment which gives every incentive for companies to invest, grow, innovate and compete in a global marketplace. Malta offers a solid business and industrial background going back 50 years. Today it is home to hundreds of foreign companies all operating within a well-developed economic and industrial structure.

Malta, a well connected investment location right in the heart of the Mediterranean. 

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Technology Hub

 Proof of this are the major accomplishments of winning the much coveted investments from Dubai Internet City’s Tecom and Lufthansa Technik, puts Malta at the top of its class.

An EU State on the doorsteps of Southern Europe and North Africa, Malta has developed into one of the most progressive and efficient business locations in Europe and is directly connected to over 40 major financial cities from across three continents.

In fact, the World Investment Report 2008 lists Malta as 3rd worldwide on its inward performance index and considers the country a front runner on inward FDI performance and potential.  This is an increase of 3 places since 2007.  

Malta offers a highly competitive investment location for niche manufacturing and services, particularly in the following industries: generic pharmaceuticals (Malta adopted the Roche Bolar provisions in its patent legislation), medical, biotech, automotive, film, maritime services, contact centers, aviation services, ebusiness and iGaming, back office services, electronics and software. 

Malta's potential as a hub for developments in information technologies is being cultivated by a Government receptive to the emergence of the field. 

Another sector that is providing vast services for foreign and local customers alike is the financial services sector. The Maltese financial services sector has grown rapidly during the last few years and is now a major force in the economy.  Malta has significant strengths to offer the industry and there are numerous reasons to consider using Malta as a base for international operations:

  • a well-trained, motivated workforce;
  • a low-cost environment,
  • an efficient tax regime, backed up by over forty double taxation agreements,
  • a world-class ICT infrastructure,
  • English as an official language,
  • an enviable climate and a strategic location.   

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.

Culture & History

g_ggantijaThe Maltese Islands offer an exhilarating contrast of colours: the azure of the Mediterranean, the mellow honey-coloured limestone which characterises the architecture, and clear skies. The Islands are a feast for the senses.

gozo_dwejra_mta_450Everywhere you go, a unique historic sight awaits.  Temples, palaces, cathedrals, and forts provide a living history you can almost touch.  Sound plays an important part in the life of the Islands.  The mix of fireworks and village band marches transforms a summer night into a special memory.   The advantage of a stay on the Maltese Islands is that you can experience several holidays in one.

mta_citadel_200Cuisine here is a taste of the Islands' multicultural heritage. Local restaurants offer a creative selection of tempting fare. After dinner, night clubs, wine bars and casinos beckon with their own brand of excitement. 

To experience all this, you won't have to travel far.  Just a few hours flying time away from most European cities, the Islands are serviced by direct scheduled flights operated by the national carrier and major international airlines.

GBC1 SLL-Logo_150  A Collaborative Project co founded by
The Gozo Business Chamber and
Synaptic Laboratories Ltd

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Eco-Gozo – a Better Gozo Action Plan 2010 – 2012
Project part-financed by the Government of Malta - Ministry for Gozo
www.eco-gozo.com

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