Individuals who are ordinarily resident and domiciled in Malta are liable to Malta tax on their worldwide income and capital gains, subject to double taxation relief.
Employment outside Malta
Employment income paid in terms of an employment contract requiring the performance of duties wholly or mainly outside Malta is subject to a flat rate tax of 15%. The 15% tax rate is optional.
Returned migrants are taxed at 0% for the first Euro 5,900 if married and for the first Euro 4,200 if single. Excess income is taxed at a flat rate of 15%, subject to a minimum annual tax liability of Euro 2, 325 after double taxation relief. Local earned income is taxed at resident rates without the tax-free bracket.
Foreign professionals working in Malta
Foreigners who take up employment in Malta in target sectors qualify for a 15% tax rate on their employment income.
High Net Worth Individuals
Foreign individuals who take up residence in Malta qualify for a 15% tax on their foreign income that is remitted to Malta.