Why Choose Malta as a Business Destination?
Strategic location Malta’s strategic position, right in the heart of the Mediterranean, straddling the busiest shipping lanes in the region and connecting Southern Europe and North Africa via regular sea and air links, has always been one of the key advantages of doing business in or from Malta. Malta for Business and Pleasure If you are looking for alternative opportunities for your international activities inline with the OECD – Organisation for Economic Co-Operation & Development, you should seriously consider the Maltese Jurisdiction. With business costs among the lowest in Europe, Malta’s International Business activities are growing at a steady rate as entrepreneurs worldwide take advantage of its unique benefits. Malta has also been known as a holiday island, offering holidaymakers a sun-drenched island steeped in history. International hotels, amongst them the InterContinental, the Malta Hilton, the Westin Dragonara and the Radisson all operate in Malta. Although tourism is the main industry in Malta, the islands are becoming much more than a holiday destination. Malta is fast becoming an active HUB for important names in the industry. Major overseas companies are currently managing to acquire contracts of supply and services to the North African markets, this thanks to their presence in Malta. This is attributed amongst others, to Malta’s first class relationship with most of these countries, our proximity to such markets and easy accessibility, and our understanding of their culture and language. EU Advantage Since Malta joined as an EU member state in May 2004, such members hip is offering Malta-based businesses instant access to the EU’s internal market of over 500 million people, further widening the opportunities for Maltese businesses to trade within and even outside the EU market. Businesses subjected to the relevant regulatory Authorities in Malta are now able to penetrate EU markets without having to repeat costly and time-consuming compliance procedures and/or licensing in each EU and non-EU country it seeks to do business in. Businesses have literally gained a “European Passport”. Good communications Getting to Malta is easy having regular air services linked with most major European business centres , whilst travelling around the island is also quick by car. Moreover, the latest telecommunication and IT systems are generally readily available and fully operational. Efficient and Friendly Workforce The Maltese are renowned for their warm hospitality and hard work. Workers are conscientious while wages are reasonable when compared to other European countries. Education and training standards are good, English is widely spoken and most business communication is done in English. Italian is also widely spoken. The University of Malta, one of the oldest European Universities, has a large number of students graduating yearly in a wide variety of studies. Why Malta overview - Consistently pro-business government policies
- Easy access to decision makers
- Exceptionally high productivity levels
- A ‘can do’ business environment
- Excellent telecomminucations
- Competitive corporation tax
- Sophisticated location and marketing advantages
- State-of-the-art transhipment and distribution facilities
- Social and economic stability
- Multi-lingual and highly skilled workforce
- Dedicated, competitively priced human resources
- Growing markets all quickly accessible from Malta
- Attractive package of business incentives
- A safe, secure and pleasant lifestyle.
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