The objective of this Programme is to attract highly qualified persons to occupy “eligible office” with companies licensed and/or recognized by the Malta Financial Services Authority, companies licensed by the Malta Gaming Authority and companies holding an Air Operators’ Certificate issued by the Authority for Transport in Malta.

Individual income from a qualifying contract of employment in an “eligible office” with a company licensed and/or recognized by the Malta Financial Services Authority is subject to tax at a flat rate of 15% provided that the income amounts to at least €81, 457 adjusted annually in line with the Retail Price Index. The 15% flat rate is imposed up to a maximum income of €5,000,000 (five million euro), the excess is exempt from tax.

The 15% tax rate applies for a consecutive period of five years for European Economic Area and Swiss nationals and for a consecutive period of four years for third country nationals.

Contact us on +356 20103020 or by mail at info@ellulschranz.com to find out how E&S can help you in ‘making things happen’.

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