• Why Malta?

Although competition among offshore centres throughout the world is intense, Malta’s system has evolved over the years from a rather typically basic "offshore centre" in the late 1980’s to a unique highly sophisticated system nowadays which, whilst doing away with the term "offshore" in the classic sense, has combined an interesting blend of realistic corporate taxation (35% flat rate on income) together with a series of favourable tax credit incentives (4.17% net tax cost of non-resident shareholder), thus effectively enhancing the possibility of double tax relief granted either by the local law itself or alternatively by means of the relevant tax treaty concluded between Malta and thirty or so countries.

Malta has a Civil Code which is based on the Napoleonic model, while most of Malta’s commercial legislation has been traditionally derived from English law (the island was a British Dependency until 1964) as well as (more recently) the relevant European Union models (although not being an EU member, Malta has very close social, economic and political relations with the Union).

Although tourism forms the natural backbone of Malta’s industry, the financial service industry has been experiencing constant growth, drawing primarily from the island’s political and economic stability. This, combined with modern, functional financial service laws (the Malta Financial Services Centre - MFSC - is the sole official regulatory body) as well as “state of the art” telecommunication systems, has contributed towards making Malta an international business centre of repute.

Maltese banking laws and practice are modelled upon the English system, and Malta’s interesting range of four local as well as fifteen or so international banking institutions has contributed towards creating a healthy competitive environment in the sector.

• Why CTN?

• the full range of services in connection with formation of an ITC, more precisely reservation of company name, opening "company in formation" account for ITC with a named bank, drafting memorandum and articles of association, obtaining exemptions from exchange controls and from stamp duty payments, corresponding with Registrar of Companies and obtaining certificate of incorporation;
• the full range of services in connection with management of an ITC,  more precisely, provision for nominee shareholding (through Fiduciaire Ltd, a specially licensed subsidiary company of CTN), registered office (corresponding to CTN’s own registered office), company director/s (either CTN and/or its appointed subsidiary), company secretary (a CTN official), management accounts, auditing of accounts (through a professional audit firm), preparation and submission of annual returns and income tax returns, operating/monitoring bank account. 

At CTN, we make it a point to be available on a "round the clock" basis including feast days and holidays, whenever required, as we place a very strong accent on efficiency, reliability and personal service.
 
CTN’s office is strategically located in Valletta, Malta’s historic capital city and commercial hub, with access to the major banks within a few minutes’ walking distance, while the Malta Financial Services Centre is only a ten minute drive away.