Practice Areas

Financial & Fiscal Services

Non-residents may register so called International Trading Companies (ITC) or holding companies, which benefit from the foreign income account and refund regime. ITC's are by definition engaged solely in carrying on trading activities, from Malta but not in Malta, with persons outside Malta who are not resident in Malta. Profits derived from a participating holding to a non-resident shareholder in a Maltese company will entitle the non-resident to claim a refund of all the Malta tax paid in respect of those profits.