Malta is an island state in the Mediterranean. It has been a member of the European Union since 2004 and a member of the Eurozone since 2008. The official languages are Maltese and English but other languages such as Italian are spoken as well. Malta’s banking industry has repeatedly passed the various international stress tests placing it in the 14th place of international banking centres worldwide.
Malta’s Government has repeatedly scored 1st place in the European Union for eGovernment services. The IMF has reported that Malta’s resilience has allowed it to operate at a steady pace through the recent difficult economic climate. Malta’s single financial services regulator, the Malta Financial Services Authority, is renowned for its approachability and openness. The legal and regulatory framework is completely EU compliant.
Apart from speaking the Maltese language most of the workforce uses English as their primary or secondary language. The workforce is professional and highly adaptable.
Malta is connected to mainland Europe by several daily flights. The Maltese Islands can be reached within 3 hours from most major European international airports.
These factors, backed by the presence of high quality professional services in the legal, fiscal and accounting fields make Malta a very attractive destination for business.