Assistance to Financial Institutions in Obtaining a License
We assist companies throughout in each step of the application process to obtain an Electronic Money License and/or a Payment Institution License in Malta, including the preparation of business plans and financial projections.
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Our multi-disciplinary team of professionals will not only assist clients during the pre-licensing process but will be able to provide such companies with the on-going support they will need with respect to regulatory compliance, accounting and fiscal matters.
ACT is a well-known and respected boutique tax advisory firm providing high-quality tax advice to Multinational Enterprises, SMEs including family owned and other owner-manged companies, family offices, trusts, foundations, employees and high net worth individuals.
Maltese companies are subject to tax at the rate of 35% on their worldwide income and capital gains. Malta grants various fiscal incentives to both companies and their shareholders upon the distribution of a dividend.
Malta has recently seen an increase in the number of Electronic Money Institutions (EMIs) looking to set up their operations in Malta. This has been largely due to the growth in the e-commerce and the i-gaming industries.